Molaoi Update

Original announcement by lse on

Company
Rockfire Resources plc
Ticker
ROCK
Exchange
LSE
Region
Unavailable
Primary commodity
Zinc
Secondary commodities
Silver, Germanium, Lead, Gold
Document categories
Drill results, Resource update, Other
Extracted
2026-10-20 07:20:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Rockfire Resources announced high-grade laboratory results from drill hole HMO-021 at its Molaoi zinc deposit in Greece, including a wide 11m interval grading 5.0% Zn, 19g/t Ag, and 8g/t Ge, with a peak intercept of 0.34m at 51.1% Zn, the highest individual zinc grade recorded at Molaoi. The company is also progressing a maiden JORC Inferred germanium resource estimate and expects a new drilling rig to arrive earlier than anticipated, supporting ongoing resource upgrade drilling.

Reasoning: Rockfire Resources reported exceptional laboratory results from drill hole HMO-021 at its Molaoi zinc deposit, including a wide 11m interval with high-grade zinc, silver, and germanium, and a bonanza 0.34m intercept at 51.1% Zn, which is the highest individual zinc grade ever encountered. The company also provided updates on a maiden germanium resource estimation and an earlier arrival of a new drilling rig.

Positive factors

  • high_grade_intercept
  • wide_intercept
  • bonanza_grade
  • significant_byproduct_credits
  • highest_grade_ever
  • resource_definition_drilling
  • maiden_resource_underway
  • earlier_rig_arrival

Negative factors

  • preliminary_pxrf_readings
  • delay_in_new_rig_drilling

Facts used in scoring: 25

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 0.34m @ 51.1% Zn is exceptionally high-grade, well above the typical VMS zinc grades and noted as the highest individual zinc grade ever encountered at Molaoi.

Evidence · text

“0.34m @ 51.1% Zn”

QA/QC Disclosedpositive

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

Why it applies: The release mentions the establishment of pXRF machine cleanliness using blank reference material and Certified Reference Material (CRM) for accuracy/precision, and a Qualified Person has signed off on the technical information.

Evidence · text

“The cleanliness of the pXRF machine was established by measuring a BLANK reference material (a translucent quartz crystal) at the beginning of each day. A Certified Reference Material (CRM) specific to volcanic-hosted massive sulphide Zn-Pb-Cu-Ag-Au ore (OREAS 620) was measured for accuracy/precision of the pXRF machine with a reading taken at the beginning of each day. pXRF readings are preliminary and indicative only and are not a substitute for laboratory assays. Laboratory analysis will be undertaken. ​ Drill hole location map within the Molaoi Licence . David Price, Chief Executive Officer of Rockfire, commented: “The interval of mineralisation drilled in hole HMO-021 is exceptional and we are very pleased to be getting such broad intervals of massive and semi-massive mineralisation. Importantly, the silver and germanium by-products are also strong, adding considerable value to any future concentrated product. Each drill hole continues to build resource tonnage and confidence in the mineralisation model. The revised delivery date of our drilling rig into Athens is exciting and the Company is looking forward to its arrival. There will be a period of customs clearance, certification inspection, registration for use in Greece and testing of the new equipment. This is all necessary, despite a delay in drilling, using the new rig. However, the Company has committed to a further contract with our drilling contractors in Athens to ensure drilling remains continuous throughout this period. The market will continue to be informed and updated as we advance the Molaoi Project.” ENDS For further information on the Company, please visit www.rockfireresources.com or contact the following: Rockfire Resources plc E-mail: info@rockfire.co.uk David Price, Chief Executive Officer Allenby Capital Limited (Nominated Adviser & Joint Broker): Tel: +44 (0) 20 3328 5656 John Depasquale / Ashur Joseph (Corporate Finance) Matt Butlin / Kelly Gardiner (Sales and Corporate Broking) CMC Markets UK Plc (Joint Broker) Tel: +44 (0)20 3003 8632 Douglas Crippen Oak Securities (Joint Broker) Tel: +44 (0) 20 3973 3678 Jerry Keen / Robert Bell Qualified Person Statement The technical information in this announcement is based on information compiled by Mr David Price, the Chief Executive Officer of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (F.AusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a "Qualified Person" in accordance with the AIM Rules Guidance Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears. Glossary Item Definition ‘’ Ag’’ “Au” Silver Gold "Cu" Copper ‘’ Ge’’ Germanium ‘’ g/t’’ grams per tonne ‘’JORC’’ Joint Ore Resource Committee "km" Kilometre "m" Metre ‘’ Pb’’ Lead "pXRF" portable X-Ray Fluorescence "VMS" volcanogenic massive sulphide ‘‘’ Zn’’ Zinc “ZnEq’’ zinc equivalent Notes to Editors Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral exploration company, with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland Australia. The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. Molaoi is also reported under the UNFC Code with classification E2, F2.1, G3 for Zn, Ag, and Pb, and E3.2, F3.1, G4.1 for Ge. The Plateau deposit in Queensland has a JORC Inferred Resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off. 53,000 of these ounces lie within the top 100m from surface. Plateau is subject to a farm-in by ASX-listed Sunshine Metals Ltd (ASX:SHN). The Marengo prospect in Queensland hosts high-grade gold, silver and copper within an historic goldfield, which is entirely under licence by Rockfire. Marengo is subject to a farm-in by ASX-listed Eastern Resources Ltd (ASX:EFE). This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy . END DRLUKURRNKURAUA”

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: While metal prices are provided for the ZnEq calculation, recovery and payability assumptions are not explicitly disclosed, which limits full transparency.

Evidence · text

“(Zn – US$3,732/t, Pb – US$1,902/T, Ag – US$1.80/g, Ge – US$10/g)”

Inferred Resourcenegative

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

Why it applies: The Molaoi and Plateau mineral resources are classified as Inferred, which is the lowest confidence category and cannot support economic studies alone.

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource”

JORC Compliantpositive

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

Why it applies: The Molaoi and Plateau resource estimates are stated to be JORC compliant, indicating a high reporting standard.

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource”

QP/CP Signedpositive

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

Why it applies: The technical information in the announcement is based on information compiled by Mr David Price, who is a Fellow of the Australasian Institute of Mining and Metallurgy (F.AusIMM) and qualifies as a 'Qualified Person'.

Evidence · text

“The technical information in this announcement is based on information compiled by Mr David Price, the Chief Executive Officer of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (F.AusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a "Qualified Person" in accordance with the AIM Rules Guidance Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.”

Cut-off Disclosedpositive

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

Why it applies: The Molaoi resource uses a 4% low-grade cut, and the Plateau resource uses a 0.5g/t Au cut off, which are clearly stated.

Evidence · text

“This resource uses a 4% low-grade cut”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The Molaoi and Plateau resource estimates are restatements of previously reported figures, indicating low genuine novelty for these specific resource facts.

Evidence · text

“The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. Molaoi is also reported under the UNFC Code with classification E2, F2.1, G3 for Zn, Ag, and Pb, and E3.2, F3.1, G4.1 for Ge. The Plateau deposit in Queensland has a JORC Inferred Resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off.”

Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

Drill Results (19)

HMO-021Molaoi · zincGrade: 5Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
5
Grade Unit
%
Intercept
11 m
From
238 m
To
249 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-249
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
7.7
Metal Eq. Unit
% ZnEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A wide 11m intercept with strong zinc grade and significant silver and germanium by-products, reported with metal equivalent assumptions, indicates good mineralization.

Positive factors

  • wide_intercept
  • strong_grade
  • significant_byproduct_credits
  • metal_equivalent_assumptions_disclosed

Evidence · text

“11m @ 5.0% Zn, 19g/t Ag and 8g/t Ge (7.7% ZnEq) from 238.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 19Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
19
Grade Unit
g/t
Intercept
11 m
From
238 m
To
249 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-249
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A wide 11m intercept with a moderate silver grade contributes to the overall value of the polymetallic mineralization.

Positive factors

  • wide_intercept
  • byproduct_credit

Evidence · text

“11m @ 5.0% Zn, 19g/t Ag and 8g/t Ge (7.7% ZnEq) from 238.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 8Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
8
Grade Unit
g/t
Intercept
11 m
From
238 m
To
249 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-249
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A wide 11m intercept with a moderate germanium grade adds to the value of the polymetallic mineralization, especially with a maiden germanium resource underway.

Positive factors

  • wide_intercept
  • byproduct_credit

Evidence · text

“11m @ 5.0% Zn, 19g/t Ag and 8g/t Ge (7.7% ZnEq) from 238.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · zincGrade: 18.1Grade Unit: %Intercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
18.1
Grade Unit
%
Intercept
1.4 m
From
238 m
To
239.4 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-239.4
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A high-grade sub-interval of 1.4m at 18.1% Zn, significantly above the project average, indicates bonanza-grade mineralization within the wider intercept.

Positive factors

  • bonanza_grade
  • strong_grade_x_width
  • significant_byproduct_credits

Evidence · text

“including 1.4m @ 18.1% Zn, 70g/t Ag and 20.5g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 70Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
70
Grade Unit
g/t
Intercept
1.4 m
From
238 m
To
239.4 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-239.4
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong silver grade of 70g/t over 1.4m adds significant value as a byproduct within the high-grade zinc intercept.

Positive factors

  • strong_grade
  • byproduct_credit

Evidence · text

“including 1.4m @ 18.1% Zn, 70g/t Ag and 20.5g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 20.5Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
20.5
Grade Unit
g/t
Intercept
1.4 m
From
238 m
To
239.4 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-239.4
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong germanium grade of 20.5g/t over 1.4m significantly enhances the value of the polymetallic intercept, especially with a maiden germanium resource underway.

Positive factors

  • strong_grade
  • byproduct_credit

Evidence · text

“including 1.4m @ 18.1% Zn, 70g/t Ag and 20.5g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · zincGrade: 6Grade Unit: %Intercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
6
Grade Unit
%
Intercept
3.1 m
From
271.86 m
To
274.96 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:271.86-274.96
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong zinc intercept of 3.1m at 6.0% Zn with good silver and germanium by-products contributes positively to the overall mineralization.

Positive factors

  • strong_grade
  • significant_byproduct_credits

Evidence · text

“3.1m @ 6.0% Zn, 25g/t Ag and 9.5g/t Ge from 271.86m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 25Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
25
Grade Unit
g/t
Intercept
3.1 m
From
271.86 m
To
274.96 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:271.86-274.96
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A moderate silver grade over 3.1m contributes to the overall polymetallic value of the intercept.

Positive factors

  • byproduct_credit

Evidence · text

“3.1m @ 6.0% Zn, 25g/t Ag and 9.5g/t Ge from 271.86m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 9.5Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
9.5
Grade Unit
g/t
Intercept
3.1 m
From
271.86 m
To
274.96 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:271.86-274.96
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A moderate germanium grade over 3.1m adds to the value of the polymetallic intercept, supporting the ongoing maiden resource estimation.

Positive factors

  • byproduct_credit

Evidence · text

“3.1m @ 6.0% Zn, 25g/t Ag and 9.5g/t Ge from 271.86m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · zincGrade: 5.2Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
5.2
Grade Unit
%
Intercept
2 m
From
310 m
To
312 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-312
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong zinc intercept of 2.0m at 5.2% Zn with good silver and germanium by-products contributes positively to the overall mineralization.

Positive factors

  • strong_grade
  • significant_byproduct_credits

Evidence · text

“2.0m @ 5.2% Zn, 19.2g/t Ag and 18.6g/t Ge from 310.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 19.2Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
19.2
Grade Unit
g/t
Intercept
2 m
From
310 m
To
312 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-312
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A moderate silver grade over 2.0m contributes to the overall polymetallic value of the intercept.

Positive factors

  • byproduct_credit

Evidence · text

“2.0m @ 5.2% Zn, 19.2g/t Ag and 18.6g/t Ge from 310.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 18.6Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
18.6
Grade Unit
g/t
Intercept
2 m
From
310 m
To
312 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-312
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong germanium grade over 2.0m adds to the value of the polymetallic intercept, supporting the ongoing maiden resource estimation.

Positive factors

  • strong_grade
  • byproduct_credit

Evidence · text

“2.0m @ 5.2% Zn, 19.2g/t Ag and 18.6g/t Ge from 310.00m downhole depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · zincGrade: 19Grade Unit: %Intercept: 0.53 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
19
Grade Unit
%
Intercept
0.53 m
From
310 m
To
310.53 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-310.53
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A high-grade sub-interval of 0.53m at 19% Zn, significantly above the project average, indicates bonanza-grade mineralization within the wider intercept.

Positive factors

  • bonanza_grade
  • strong_grade_x_width
  • significant_byproduct_credits

Evidence · text

“including 0.53m @ 19% Zn, 56g/t Ag and 50g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 56Grade Unit: g/tIntercept: 0.53 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
56
Grade Unit
g/t
Intercept
0.53 m
From
310 m
To
310.53 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-310.53
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A strong silver grade of 56g/t over 0.53m adds significant value as a byproduct within the high-grade zinc intercept.

Positive factors

  • strong_grade
  • byproduct_credit

Evidence · text

“including 0.53m @ 19% Zn, 56g/t Ag and 50g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 50Grade Unit: g/tIntercept: 0.53 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
50
Grade Unit
g/t
Intercept
0.53 m
From
310 m
To
310.53 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:310-310.53
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A bonanza germanium grade of 50g/t over 0.53m significantly enhances the value of the polymetallic intercept, supporting the ongoing maiden resource estimation.

Positive factors

  • bonanza_grade
  • byproduct_credit

Evidence · text

“including 0.53m @ 19% Zn, 56g/t Ag and 50g/t Ge”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · zincGrade: 51.1Grade Unit: %Intercept: 0.34 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
51.1
Grade Unit
%
Intercept
0.34 m
From
238 m
To
238.34 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-238.34
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
72.3
Metal Eq. Unit
% ZnEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This intercept represents the highest individual zinc grade ever encountered at Molaoi, indicating bonanza-grade mineralization with strong by-product credits, significantly enhancing the project's potential.

Positive factors

  • bonanza_grade
  • highest_grade_ever
  • significant_byproduct_credits
  • metal_equivalent_assumptions_disclosed

Evidence · text

“0.34m @ 51.1% Zn, 222g/t Ag, 35.4g/t Ge and 2.4% Pb, which equates to 72.3% ZnEq”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · silverGrade: 222Grade Unit: g/tIntercept: 0.34 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
silver
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
222
Grade Unit
g/t
Intercept
0.34 m
From
238 m
To
238.34 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-238.34
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A bonanza silver grade of 222g/t over 0.34m significantly enhances the value of the polymetallic intercept.

Positive factors

  • bonanza_grade
  • byproduct_credit

Evidence · text

“0.34m @ 51.1% Zn, 222g/t Ag, 35.4g/t Ge and 2.4% Pb, which equates to 72.3% ZnEq”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · germaniumGrade: 35.4Grade Unit: g/tIntercept: 0.34 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
germanium
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
35.4
Grade Unit
g/t
Intercept
0.34 m
From
238 m
To
238.34 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-238.34
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A bonanza germanium grade of 35.4g/t over 0.34m significantly enhances the value of the polymetallic intercept, supporting the ongoing maiden resource estimation.

Positive factors

  • bonanza_grade
  • byproduct_credit

Evidence · text

“0.34m @ 51.1% Zn, 222g/t Ag, 35.4g/t Ge and 2.4% Pb, which equates to 72.3% ZnEq”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

HMO-021Molaoi · leadGrade: 2.4Grade Unit: %Intercept: 0.34 mView all details
Link to this fact

Identity

Hole ID
HMO-021
Project
Molaoi
Commodity
lead
Region
greece
Reported Region
greece
Ticker
ROCK

Geometry

Grade
2.4
Grade Unit
%
Intercept
0.34 m
From
238 m
To
238.34 m
Intercept Depth
238 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
HMO-021:238-238.34
Mining Method
underground

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: A moderate lead grade over 0.34m contributes to the overall polymetallic value of the bonanza intercept.

Positive factors

  • byproduct_credit

Evidence · text

“0.34m @ 51.1% Zn, 222g/t Ag, 35.4g/t Ge and 2.4% Pb, which equates to 72.3% ZnEq”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Resource Estimates (6)

inferredMolaoi · zincTonnes: 15000000Grade: 7.26Grade Unit: %Contained Metal: 1.09Contained Unit: mtHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
Greece
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price
Resource group id
resource:e01fdcbe5173c4634850

Resource Data

Category
inferred
Tonnes
15000000
Grade
7.26
Grade Unit
%
Contained Metal
1.09
Contained Unit
mt
Cutoff Grade
4
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-29
Prior Tonnes
15000000
Prior Grade
7.26
Prior Contained Metal
1090000
Prior Cutoff Grade
4

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-29T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for zinc at Molaoi, with disclosed cut-off grade and QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed
  • cutoff_disclosed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 1.09 against 1090000 previously

inferredMolaoi · leadTonnes: 15000000Grade: 1.75Grade Unit: %Contained Metal: 260000Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Molaoi
Commodity
lead
Region
greece
Reported Region
Greece
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price
Resource group id
resource:e01fdcbe5173c4634850

Resource Data

Category
inferred
Tonnes
15000000
Grade
1.75
Grade Unit
%
Contained Metal
260000
Contained Unit
t
Cutoff Grade
4
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-29
Prior Tonnes
15000000
Prior Grade
1.75
Prior Contained Metal
260000
Prior Cutoff Grade
4

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-29T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for lead at Molaoi, with disclosed cut-off grade and QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed
  • cutoff_disclosed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 260,000 tonnes of lead”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMolaoi · silverTonnes: 15000000Grade: 39.5Grade Unit: g/tContained Metal: 19.1Contained Unit: mozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Molaoi
Commodity
silver
Region
greece
Reported Region
Greece
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price
Resource group id
resource:e01fdcbe5173c4634850

Resource Data

Category
inferred
Tonnes
15000000
Grade
39.5
Grade Unit
g/t
Contained Metal
19.1
Contained Unit
moz
Cutoff Grade
4
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-29
Prior Tonnes
15000000
Prior Grade
39.5
Prior Contained Metal
19.1
Prior Cutoff Grade
4

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-29T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for silver at Molaoi, with disclosed cut-off grade and QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed
  • cutoff_disclosed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 19.1 million ounces of silver”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMolaoi · zincTonnes: 15000000Contained Metal: 1500000Contained Unit: t zneqHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Molaoi
Commodity
zinc
Region
greece
Reported Region
Greece
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price
Resource group id
resource:e01fdcbe5173c4634850

Resource Data

Category
inferred
Tonnes
15000000
Contained Metal
1500000
Contained Unit
t zneq
Cutoff Grade
4
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-29T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for contained zinc equivalent metal at Molaoi, with disclosed cut-off grade and QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed
  • cutoff_disclosed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredPlateau · goldContained Metal: 131000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Plateau
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price

Resource Data

Category
inferred
Contained Metal
131000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-09-28
Prior Contained Metal
131000
Prior Cutoff Grade
0.5

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-28T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for gold at Plateau, with disclosed cut-off grade and QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed
  • cutoff_disclosed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“The Plateau deposit in Queensland has a JORC Inferred Resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off.”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredPlateau · silverContained Metal: 800000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Plateau
Commodity
silver
Region
australia_qld
Reported Region
australia_qld
Ticker
ROCK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr David Price

Resource Data

Category
inferred
Contained Metal
800000
Contained Unit
oz

Prior Estimate

Resource Date
2026-09-28
Prior Contained Metal
800000

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-09-28T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Restatement of an existing JORC Inferred Mineral Resource for silver at Plateau, with QP sign-off, but it is historical data.

Positive factors

  • jorc_compliant
  • qp_signed

Negative factors

  • inferred_resource
  • stale_estimate

Evidence · text

“The Plateau deposit in Queensland has a JORC Inferred Resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off.”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

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.