LM8: Thick, High-Grade Gold Results De-Risk Lady Herial 2

Original announcement by asx on

Company
LUNNON METALS LIMITED
Ticker
LM8
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-10-08 22:23:18 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Lunnon Metals Limited announced thick, high-grade gold results from infill drilling at its Lady Herial project, including 16m @ 9.14 g/t Au and 10m @ 4.45 g/t Au. These results confirm consistent mineralization, de-risking a potential open pit cut-back and aiming to upgrade resource categories. The company also provided an update on its current JORC-compliant gold mineral resource estimates for Lady Herial and Hustler, with Lady Herial's resource depleted by recent mining.

Reasoning: New high-grade and thick gold intercepts from infill drilling at Lady Herial confirm and extend mineralization, supporting a resource upgrade and de-risking a potential open pit cut-back. The results include bonanza grades and are supported by comprehensive QA/QC.

Positive factors

  • High-grade gold intercepts
  • Thick intercepts
  • Infill drilling for resource upgrade
  • De-risking potential open pit cut-back
  • QA/QC disclosed
  • True width approximated

Facts used in scoring: 48

Extracted facts

Stored fact records: 48. Some facts used in scoring do not have a stored record.

Drill Results (48)

Fact 1Lady Herial · goldGrade: 1.42Grade Unit: g/tIntercept: 4 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.42
Grade Unit
g/t
Intercept
4 m
True Width
4 m
From
62 m
To
66 m
Hole Depth
72 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_459:62.0-66.0
Mining Method
open_pit

Location

Location
NWP
Easting
382773.7
Northing
6529984.7
Elevation
309.9 m
Azimuth
353.8 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.42”

Context: 4.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 2Lady Herial · goldGrade: 3.85Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.85
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
62 m
To
63 m
Hole Depth
72 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_459:62.0-63.0
Mining Method
open_pit

Location

Location
NWP
Easting
382773.7
Northing
6529984.7
Elevation
309.9 m
Azimuth
353.8 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“3.85”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 3Lady Herial · goldGrade: 1.11Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
64 m
To
65 m
Hole Depth
72 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_459:64.0-65.0
Mining Method
open_pit

Location

Location
NWP
Easting
382773.7
Northing
6529984.7
Elevation
309.9 m
Azimuth
353.8 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.11”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 4Lady Herial · goldGrade: 0.96Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.96
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
22 m
To
23 m
Hole Depth
72 m
Intercept Depth
22 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_460:22.0-23.0
Mining Method
open_pit

Location

Location
Other
Easting
382783.1
Northing
6529984.6
Elevation
310.3 m
Azimuth
301.9 °
Dip
-89.1 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.96”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 5Lady Herial · goldGrade: 4.45Grade Unit: g/tIntercept: 10 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
4.45
Grade Unit
g/t
Intercept
10 m
True Width
10 m
From
55 m
To
65 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_460:55.0-65.0
Mining Method
open_pit

Location

Location
NWP
Easting
382783.1
Northing
6529984.6
Elevation
310.3 m
Azimuth
301.9 °
Dip
-89.1 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade and thick gold intercept from infill drilling at Lady Herial, confirming consistent mineralization and supporting resource upgrade.

Positive factors

  • High-grade gold
  • Thick intercept
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“4.45”

Context: 10.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 6Lady Herial · goldGrade: 35.93Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
35.93
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
55 m
To
56 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_460:55.0-56.0
Mining Method
open_pit

Location

Location
NWP
Easting
382783.1
Northing
6529984.6
Elevation
310.3 m
Azimuth
301.9 °
Dip
-89.1 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Bonanza grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall high-grade intercept.

Positive factors

  • Bonanza grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“35.93”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 35.93 g/t Au over 1.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“35.93”

Context: 1.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 7Lady Herial · goldGrade: 1.59Grade Unit: g/tIntercept: 4 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.59
Grade Unit
g/t
Intercept
4 m
True Width
4 m
From
61 m
To
65 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_460:61.0-65.0
Mining Method
open_pit

Location

Location
NWP
Easting
382783.1
Northing
6529984.6
Elevation
310.3 m
Azimuth
301.9 °
Dip
-89.1 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.59”

Context: 4.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 8Lady Herial · goldGrade: 1.17Grade Unit: g/tIntercept: 5 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
5 m
True Width
5 m
From
55 m
To
60 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_461:55.0-60.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793.3
Northing
6529984.1
Elevation
310.6 m
Azimuth
69.1 °
Dip
-88.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.17”

Context: 5.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 9Lady Herial · goldGrade: 1.93Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.93
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
55 m
To
57 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_461:55.0-57.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793.3
Northing
6529984.1
Elevation
310.6 m
Azimuth
69.1 °
Dip
-88.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.93”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 10Lady Herial · goldGrade: 0.98Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
68 m
To
69 m
Hole Depth
72 m
Intercept Depth
55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_461:68.0-69.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793.3
Northing
6529984.1
Elevation
310.6 m
Azimuth
69.1 °
Dip
-88.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.98”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 11Lady Herial · goldGrade: 0.51Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
52 m
To
53 m
Hole Depth
66 m
Intercept Depth
52 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_462:52.0-53.0
Mining Method
open_pit

Location

Location
Other
Easting
382803
Northing
6529983.5
Elevation
310.6 m
Azimuth
28.7 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.51”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 12Lady Herial · goldGrade: 0.65Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
55 m
To
56 m
Hole Depth
66 m
Intercept Depth
52 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_462:55.0-56.0
Mining Method
open_pit

Location

Location
Other
Easting
382803
Northing
6529983.5
Elevation
310.6 m
Azimuth
28.7 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.65”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 13Lady Herial · goldGrade: 1.73Grade Unit: g/tIntercept: 10 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.73
Grade Unit
g/t
Intercept
10 m
True Width
10 m
From
49 m
To
59 m
Hole Depth
66 m
Intercept Depth
49 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_482:49.0-59.0
Mining Method
open_pit

Location

Location
NWP
Easting
382813
Northing
6529982.8
Elevation
310.8 m
Azimuth
13.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.73”

Context: 10.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 14Lady Herial · goldGrade: 7.12Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
7.12
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
50 m
To
51 m
Hole Depth
66 m
Intercept Depth
49 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_482:50.0-51.0
Mining Method
open_pit

Location

Location
NWP
Easting
382813
Northing
6529982.8
Elevation
310.8 m
Azimuth
13.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall intercept.

Positive factors

  • High-grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“7.12”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 15Lady Herial · goldGrade: 1.55Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.55
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
17 m
To
18 m
Hole Depth
72 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_483:17.0-18.0
Mining Method
open_pit

Location

Location
Other
Easting
382772.8
Northing
6529962.5
Elevation
310 m
Azimuth
270.4 °
Dip
-89.2 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.55”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 16Lady Herial · goldGrade: 0.53Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
53 m
To
54 m
Hole Depth
72 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_483:53.0-54.0
Mining Method
open_pit

Location

Location
NWP
Easting
382772.8
Northing
6529962.5
Elevation
310 m
Azimuth
270.4 °
Dip
-89.2 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.53”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 17Lady Herial · goldGrade: 0.98Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
61 m
To
62 m
Hole Depth
72 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_483:61.0-62.0
Mining Method
open_pit

Location

Location
NWP
Easting
382772.8
Northing
6529962.5
Elevation
310 m
Azimuth
270.4 °
Dip
-89.2 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.98”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 18Lady Herial · goldGrade: 0.52Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
21 m
To
22 m
Hole Depth
66 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_484:21.0-22.0
Mining Method
open_pit

Location

Location
Other
Easting
382782.8
Northing
6529963
Elevation
310.2 m
Azimuth
48.3 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.52”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 19Lady Herial · goldGrade: 1.15Grade Unit: g/tIntercept: 6 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
6 m
True Width
6 m
From
52 m
To
58 m
Hole Depth
66 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_484:52.0-58.0
Mining Method
open_pit

Location

Location
NWP
Easting
382782.8
Northing
6529963
Elevation
310.2 m
Azimuth
48.3 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.15”

Context: 6.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 20Lady Herial · goldGrade: 2.53Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.53
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
52 m
To
53 m
Hole Depth
66 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_484:52.0-53.0
Mining Method
open_pit

Location

Location
NWP
Easting
382782.8
Northing
6529963
Elevation
310.2 m
Azimuth
48.3 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.53”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 21Lady Herial · goldGrade: 3.23Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.23
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
57 m
To
58 m
Hole Depth
66 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_484:57.0-58.0
Mining Method
open_pit

Location

Location
NWP
Easting
382782.8
Northing
6529963
Elevation
310.2 m
Azimuth
48.3 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“3.23”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 22Lady Herial · goldGrade: 3.28Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.28
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
24 m
To
26 m
Hole Depth
66 m
Intercept Depth
24 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_485:24.0-26.0
Mining Method
open_pit

Location

Location
Other
Easting
382793
Northing
6529963.2
Elevation
310.4 m
Azimuth
81.2 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“3.28”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 23Lady Herial · goldGrade: 9.14Grade Unit: g/tIntercept: 16 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
9.14
Grade Unit
g/t
Intercept
16 m
True Width
16 m
From
44 m
To
60 m
Hole Depth
66 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_485:44.0-60.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793
Northing
6529963.2
Elevation
310.4 m
Azimuth
81.2 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Exceptional high-grade and thick gold intercept from infill drilling at Lady Herial, confirming consistent mineralization and supporting resource upgrade.

Positive factors

  • High-grade gold
  • Thick intercept
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“9.14”

Context: 16.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 9.14 g/t Au over 16.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“9.14”

Context: 16.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 24Lady Herial · goldGrade: 1.06Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
48 m
To
49 m
Hole Depth
66 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_485:48.0-49.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793
Northing
6529963.2
Elevation
310.4 m
Azimuth
81.2 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.06”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 25Lady Herial · goldGrade: 122.78Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
122.78
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
51 m
To
52 m
Hole Depth
66 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_485:51.0-52.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793
Northing
6529963.2
Elevation
310.4 m
Azimuth
81.2 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Exceptional bonanza grade gold sub-interval from infill drilling at Lady Herial, significantly boosting the overall intercept grade.

Positive factors

  • Bonanza grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“122.78”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 122.78 g/t Au over 1.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“122.78”

Context: 1.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 26Lady Herial · goldGrade: 6.94Grade Unit: g/tIntercept: 3 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
6.94
Grade Unit
g/t
Intercept
3 m
True Width
3 m
From
57 m
To
60 m
Hole Depth
66 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_485:57.0-60.0
Mining Method
open_pit

Location

Location
NWP
Easting
382793
Northing
6529963.2
Elevation
310.4 m
Azimuth
81.2 °
Dip
-89.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall intercept.

Positive factors

  • High-grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“6.94”

Context: 3.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 6.94 g/t Au over 3.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“6.94”

Context: 3.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 27Lady Herial · goldGrade: 0.5Grade Unit: g/tIntercept: 18 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
18 m
True Width
18 m
From
40 m
To
58 m
Hole Depth
66 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_486:40.0-58.0
Mining Method
open_pit

Location

Location
NWP
Easting
382802.5
Northing
6529962.9
Elevation
310.6 m
Azimuth
338.8 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.50”

Context: 18.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 28Lady Herial · goldGrade: 3.8Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.8
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
56 m
To
57 m
Hole Depth
66 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_486:56.0-57.0
Mining Method
open_pit

Location

Location
NWP
Easting
382802.5
Northing
6529962.9
Elevation
310.6 m
Azimuth
338.8 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“3.80”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 29Lady Herial · goldGrade: 2.87Grade Unit: g/tIntercept: 14 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.87
Grade Unit
g/t
Intercept
14 m
True Width
14 m
From
39 m
To
53 m
Hole Depth
60 m
Intercept Depth
39 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_487:39.0-53.0
Mining Method
open_pit

Location

Location
NWP
Easting
382812.4
Northing
6529963.1
Elevation
311.2 m
Azimuth
293.1 °
Dip
-89.5 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade and thick gold intercept from infill drilling at Lady Herial, confirming consistent mineralization and supporting resource upgrade.

Positive factors

  • High-grade gold
  • Thick intercept
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.87”

Context: 14.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 30Lady Herial · goldGrade: 1.25Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
39 m
To
40 m
Hole Depth
60 m
Intercept Depth
39 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_487:39.0-40.0
Mining Method
open_pit

Location

Location
NWP
Easting
382812.4
Northing
6529963.1
Elevation
311.2 m
Azimuth
293.1 °
Dip
-89.5 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.25”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 31Lady Herial · goldGrade: 8.4Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
8.4
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
42 m
To
44 m
Hole Depth
60 m
Intercept Depth
39 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_487:42.0-44.0
Mining Method
open_pit

Location

Location
NWP
Easting
382812.4
Northing
6529963.1
Elevation
311.2 m
Azimuth
293.1 °
Dip
-89.5 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall intercept.

Positive factors

  • High-grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“8.40”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 8.40 g/t Au over 2.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“8.40”

Context: 2.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 32Lady Herial · goldGrade: 6.22Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
6.22
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
47 m
To
48 m
Hole Depth
60 m
Intercept Depth
39 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_487:47.0-48.0
Mining Method
open_pit

Location

Location
NWP
Easting
382812.4
Northing
6529963.1
Elevation
311.2 m
Azimuth
293.1 °
Dip
-89.5 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall intercept.

Positive factors

  • High-grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“6.22”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 6.22 g/t Au over 1.0m is well above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“6.22”

Context: 1.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 33Lady Herial · goldGrade: 5.39Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
5.39
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
51 m
To
53 m
Hole Depth
60 m
Intercept Depth
39 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_487:51.0-53.0
Mining Method
open_pit

Location

Location
NWP
Easting
382812.4
Northing
6529963.1
Elevation
311.2 m
Azimuth
293.1 °
Dip
-89.5 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade gold sub-interval from infill drilling at Lady Herial, significantly contributing to the overall intercept.

Positive factors

  • High-grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“5.39”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 5.39 g/t Au over 2.0m is above the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“5.39”

Context: 2.0

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 34Lady Herial · goldGrade: 2.14Grade Unit: g/tIntercept: 14 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.14
Grade Unit
g/t
Intercept
14 m
True Width
14 m
From
37 m
To
51 m
Hole Depth
60 m
Intercept Depth
37 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_488:37.0-51.0
Mining Method
open_pit

Location

Location
NWP
Easting
382822.3
Northing
6529962.6
Elevation
311.4 m
Azimuth
252.4 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: High-grade and thick gold intercept from infill drilling at Lady Herial, confirming consistent mineralization and supporting resource upgrade.

Positive factors

  • High-grade gold
  • Thick intercept
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.14”

Context: 14.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 35Lady Herial · goldGrade: 1.12Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
37 m
To
38 m
Hole Depth
60 m
Intercept Depth
37 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_488:37.0-38.0
Mining Method
open_pit

Location

Location
NWP
Easting
382822.3
Northing
6529962.6
Elevation
311.4 m
Azimuth
252.4 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.12”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 36Lady Herial · goldGrade: 2.89Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.89
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
40 m
To
42 m
Hole Depth
60 m
Intercept Depth
37 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_488:40.0-42.0
Mining Method
open_pit

Location

Location
NWP
Easting
382822.3
Northing
6529962.6
Elevation
311.4 m
Azimuth
252.4 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.89”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 37Lady Herial · goldGrade: 3.91Grade Unit: g/tIntercept: 5 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.91
Grade Unit
g/t
Intercept
5 m
True Width
5 m
From
46 m
To
51 m
Hole Depth
60 m
Intercept Depth
37 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_488:46.0-51.0
Mining Method
open_pit

Location

Location
NWP
Easting
382822.3
Northing
6529962.6
Elevation
311.4 m
Azimuth
252.4 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“3.91”

Context: 5.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 38Lady Herial · goldGrade: 0.67Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
36 m
To
37 m
Hole Depth
60 m
Intercept Depth
36 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_489:36.0-37.0
Mining Method
open_pit

Location

Location
Other
Easting
382832.6
Northing
6529962.6
Elevation
311.6 m
Azimuth
97.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Low-grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“0.67”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 39Lady Herial · goldGrade: 1.18Grade Unit: g/tIntercept: 6 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
6 m
True Width
6 m
From
44 m
To
50 m
Hole Depth
60 m
Intercept Depth
36 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_489:44.0-50.0
Mining Method
open_pit

Location

Location
NWP
Easting
382832.6
Northing
6529962.6
Elevation
311.6 m
Azimuth
97.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.18”

Context: 6.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 40Lady Herial · goldGrade: 2.32Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.32
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
44 m
To
46 m
Hole Depth
60 m
Intercept Depth
36 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_489:44.0-46.0
Mining Method
open_pit

Location

Location
NWP
Easting
382832.6
Northing
6529962.6
Elevation
311.6 m
Azimuth
97.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.32”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 41Lady Herial · goldGrade: 1.35Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
48 m
To
49 m
Hole Depth
60 m
Intercept Depth
36 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_489:48.0-49.0
Mining Method
open_pit

Location

Location
NWP
Easting
382832.6
Northing
6529962.6
Elevation
311.6 m
Azimuth
97.1 °
Dip
-89.8 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold sub-interval from infill drilling at Lady Herial, contributing to resource definition.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.35”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 1.0 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 42Lady Herial · goldGrade: 1.27Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
21 m
To
22 m
Hole Depth
60 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_491:21.0-22.0
Mining Method
open_pit

Location

Location
Other
Easting
382842.3
Northing
6529962.7
Elevation
311.6 m
Azimuth
24.6 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.27”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 43Lady Herial · goldGrade: 1.48Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
16 m
To
18 m
Hole Depth
54 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_492:16.0-18.0
Mining Method
open_pit

Location

Location
Other
Easting
382779.9
Northing
6529942.9
Elevation
310.2 m
Azimuth
237.2 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.48”

Context: 2.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 44Lady Herial · goldGrade: 1.71Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
28 m
To
29 m
Hole Depth
54 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_492:28.0-29.0
Mining Method
open_pit

Location

Location
Other
Easting
382779.9
Northing
6529942.9
Elevation
310.2 m
Azimuth
237.2 °
Dip
-89.3 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.71”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 45Lady Herial · goldGrade: 2.58Grade Unit: g/tIntercept: 3 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.58
Grade Unit
g/t
Intercept
3 m
True Width
3 m
From
20 m
To
23 m
Hole Depth
54 m
Intercept Depth
20 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_493:20.0-23.0
Mining Method
open_pit

Location

Location
Other
Easting
382790
Northing
6529942.9
Elevation
310.5 m
Azimuth
51.2 °
Dip
-88.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.58”

Context: 3.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 46Lady Herial · goldGrade: 2.4Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
47 m
To
48 m
Hole Depth
54 m
Intercept Depth
20 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_493:47.0-48.0
Mining Method
open_pit

Location

Location
NWP
Easting
382790
Northing
6529942.9
Elevation
310.5 m
Azimuth
51.2 °
Dip
-88.7 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Good grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • Good grade gold
  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“2.40”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 47Lady Herial · goldGrade: 1.48Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
23 m
To
24 m
Hole Depth
54 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_494:23.0-24.0
Mining Method
open_pit

Location

Location
Other
Easting
382810.3
Northing
6529942.3
Elevation
311.2 m
Azimuth
106 °
Dip
-89.6 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Moderate grade gold intercept from infill drilling at Lady Herial.

Positive factors

  • True width approximated
  • QA/QC disclosed
  • Compositing transparent

Evidence · table

“1.48”

Context: 1.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program's objective was to reduce drill spacing to improve geological and grade estimation confidence and increase resource categories.

Evidence · text

“The program’s objective was to reduce the drill spacing on the known gold mineralisation (i.e. inside the existing Mineral Resource), to better than an approximate 20m x 10m spacing, thereby improving geological and grade estimation confidence, and if successful, increasing the category of the mineralisation from Inferred to Indicated and potentially Indicated to Measured.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: The document states 'drill widths approximate true widths'.

Evidence · text

“drill widths approximate true widths”

QA/QC DisclosedRejected · positive

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

Reason: The document includes extensive QA/QC disclosure in JORC Table 1, detailing laboratory procedures, standards, blanks, and duplicates.

Evidence · text

“The following Table 1 provides the requisite details relevant to today’s reported results.”

Compositing TransparentRejected · positive

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

Reason: The cut-off grade of 0.5 g/t Au and internal dilution rules are clearly stated for reported intervals.

Evidence · text

“>0.5 g/t Au cut-off, drill widths approximate true widths; see Annexure 2 for full results and Figures 3 & 4 for cross sectional views).”
Fact 48Lady Herial · goldGrade: 2.02Grade Unit: g/tIntercept: 18 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.02
Grade Unit
g/t
Intercept
18 m
True Width
18 m
From
29 m
To
47 m
Hole Depth
54 m
Intercept Depth
29 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
LDH26RC_494:29.0-47.0
Mining Method
open_pit

Location

Location
NWP
Easting
382810.3
Northing
6529942.3
Elevation
311.2 m
Azimuth
106 °
Dip
-89.6 °
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

Compositing

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

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Positive factors

  • High-grade gold
  • Thick intercept
  • True width approximated
  • QA/QC disclosed

Evidence · table

“2.02”

Context: 18.0

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 18

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold has been produced in the area since the discovery of the Red Hill gold mine in 1896 (adjacent to the Company’s hist"

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.