MRD: Re-Assays Confirm Further Scandium Beyond Resources

Original announcement by asx on

Company
Mount Ridley Mines Limited
Ticker
MRD
Exchange
ASX
Region
Western Australia
Primary commodity
Scandium
Secondary commodities
Rare earth, Gallium
Document categories
Drill results, Resource update
Extracted
2026-09-23 00:19:12 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Mount Ridley Mines Limited announced positive Phase 2 re-assay results from its Grass Patch Project, confirming extensive high-grade scandium mineralization beyond the existing Block 1 and Block 2 Mineral Resource boundaries. The new intercepts, including 22m @ 119.41 ppm Sc2O3 and 40m @ 102.09 ppm Sc2O3, significantly exceed current resource grades and demonstrate substantial potential for future resource expansion. The mineralization remains open in multiple directions and is spatially associated with existing rare earth and gallium resources, reinforcing the project as a large-scale, multi-commodity critical minerals system.

Reasoning: The Phase 2 re-assay results confirm extensive, high-grade, near-surface scandium mineralization extending significantly beyond the current resource boundaries, indicating substantial potential for future resource expansion and improved project economics. The grades reported are significantly higher than the existing resource average.

Positive factors

  • High-grade intercepts exceeding current resource average
  • Mineralization extends significantly beyond current resource boundaries
  • Potential for material MRE expansion
  • Near-surface mineralization
  • Confirms a large-scale, multi-commodity critical minerals system
  • QA/QC disclosed and deemed suitable
  • True width disclosed for intercepts

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

Facts used in scoring: 100

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Several intercepts, such as 22m @ 119.41 ppm Sc2O3 and 40m @ 102.09 ppm Sc2O3, significantly exceed the current Block 1 and Block 2 Resource average of 76.8 ppm Sc2O3, indicating exceptionally high-grade zones.

Evidence · text

“Significant broad and near-surface scandium intercepts returned grades far exceeding the existing Block 1 and Block 2 Resource average, including: o Drillhole MRAC1036: 22m @ 119.41 ppm Sc2O3 from 12m – Hole ended in mineralisation o Drillhole MRAC1040: 40m @ 102.09 ppm Sc2O3 from 18m – Hole ended in mineralisation”

True Width Disclosedpositive

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

Why it applies: The document explicitly states that vertical drill holes through the flat-lying mineralization result in true widths being recorded.

Evidence · text

“The vertical drill holes through the horizontal Scandium-REE mineralisation results in true widths being recorded.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The Phase 2 Re-Assay Program confirms extensive scandium mineralisation extending up to 8km beyond the recently expanded Block 1 and Block 2 Mineral Resource boundaries in multiple directions.

Evidence · text

“Newly defined scandium mineralisation extends up to 8km beyond the current Block 1 and Block 2 MRE boundaries in multiple directions demonstrating the substantial scale of mineralisation beyond the existing Resource areas.”

QA/QC Disclosedpositive

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

Why it applies: The JORC Table 1 report details sampling and QAQC procedures, including the use of certified reference material, field duplicates, and laboratory standards.

Evidence · text

“Sampling and QAQC procedures were carried out to industry standards. ... Certified reference material (CRM) routinely inserted ... Field duplicates taken at pre-specified intervals ... Laboratory standards taken at the pulverizing stage and selective repeats conducted at the laboratory’s discretion.”

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 announcement includes a Competent Persons Statement signed by Mr Pedro Kastellorizos and Mr Alfred Gillman, both Members of the Australasian Institute of Mining and Metallurgy (AusIMM).

Evidence · text

“The information in this announcement that relates to Exploration Results is based on information compiled and reviewed by Mr Pedro Kastellorizos, a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). ... The information in this announcement that relates to Mineral Resources is based on information compiled and reviewed by Mr Alfred Gillman, a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy and a Director of Odessa Resource Pty Ltd.”

JORC Compliantpositive

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

Why it applies: The document explicitly states that the report is compliant with the JORC Code, 2012 Edition.

Evidence · text

“JORC Code, 2012 Edition – Table 1 report”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company mentions 'continued re-assaying, infill and step-out drilling' as part of its strategy, indicating some infill drilling is being conducted.

Evidence · text

“Mineralisation remains open in multiple directions, pointing to significant future resource growth through continued re-assaying, infill and step-out drilling.”

Exploration Drillingpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The Phase 2 Re-Assay Program is described as confirming and extending scandium mineralisation across existing and expanded resource areas, with the intent to materially improve the potential for further MRE expansion.

Evidence · text

“The Phase 2 Re-Assay Program confirms extensive high-grade scandium mineralisation beyond the recently expanded Block 1 and Block 2 Mineral Resource boundaries, materially improving the potential for further MRE expansion.”

Near-surface mineralizationpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The highlights explicitly mention 'additional shallow high-grade scandium' and 'near-surface scandium intercepts'.

Evidence · text

“Phase 2 results confirm additional shallow high-grade scandium beyond the Current Resources”

Extracted facts

Stored fact records: 100. Some facts used in scoring do not have a stored record.

Drill Results (100)

MRAC0992Grass Patch · scandiumGrade: 107.94Grade Unit: ppmIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
MRAC0992
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
107.94
Grade Unit
ppm
Intercept
21 m
True Width
21 m
From
18 m
To
39 m
Hole Depth
39 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0992:18-39

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (107.94 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (21m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Evidence · table

“107.94”

Context: 21

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 21

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0993Grass Patch · scandiumGrade: 59.34Grade Unit: ppmIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MRAC0993
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
59.34
Grade Unit
ppm
Intercept
20 m
True Width
20 m
From
12 m
To
32 m
Hole Depth
32 m
Intercept Depth
12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0993:12-32

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (20m)
  • Near-surface mineralization (from 12m)
  • Hole ended in mineralization

Negative factors

  • Grade (59.34 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“59.34”

Context: 20

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 20

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0994Grass Patch · scandiumGrade: 91.03Grade Unit: ppmIntercept: 34 mView all details
Link to this fact

Identity

Hole ID
MRAC0994
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
91.03
Grade Unit
ppm
Intercept
34 m
True Width
34 m
From
9 m
To
43 m
Hole Depth
43 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0994:9-43

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (91.03 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (34m)
  • Near-surface mineralization (from 9m)
  • Hole ended in mineralization

Evidence · table

“91.03”

Context: 34

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 34

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0995Grass Patch · scandiumGrade: 93.53Grade Unit: ppmIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MRAC0995
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
93.53
Grade Unit
ppm
Intercept
20 m
True Width
20 m
From
6 m
To
26 m
Hole Depth
26 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0995:6-26

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (93.53 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (20m)
  • Near-surface mineralization (from 6m)
  • Hole ended in mineralization

Evidence · table

“93.53”

Context: 20

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 20

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0996Grass Patch · scandiumGrade: 80.69Grade Unit: ppmIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
MRAC0996
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
80.69
Grade Unit
ppm
Intercept
30 m
True Width
30 m
From
8 m
To
38 m
Hole Depth
38 m
Intercept Depth
8 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0996:8-38

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a substantial width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (80.69 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (30m)
  • Near-surface mineralization (from 8m)
  • Hole ended in mineralization

Evidence · table

“80.69”

Context: 30

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 30

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0997Grass Patch · scandiumGrade: 82.65Grade Unit: ppmIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
MRAC0997
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
82.65
Grade Unit
ppm
Intercept
23 m
True Width
23 m
From
9 m
To
32 m
Hole Depth
32 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0997:9-32

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (82.65 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (23m)
  • Near-surface mineralization (from 9m)
  • Hole ended in mineralization

Evidence · table

“82.65”

Context: 23

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 23

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0998Grass Patch · scandiumGrade: 71.03Grade Unit: ppmIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
MRAC0998
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
71.03
Grade Unit
ppm
Intercept
36 m
True Width
36 m
From
12 m
To
48 m
Hole Depth
48 m
Intercept Depth
12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0998:12-48

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (36m)
  • Near-surface mineralization (from 12m)

Negative factors

  • Grade (71.03 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“71.03”

Context: 36

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 36

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0999Grass Patch · scandiumGrade: 81.14Grade Unit: ppmIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
MRAC0999
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
81.14
Grade Unit
ppm
Intercept
16 m
True Width
16 m
From
15 m
To
31 m
Hole Depth
31 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0999:15-31

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (81.14 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 15m)
  • Hole ended in mineralization

Evidence · table

“81.14”

Context: 16

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 16

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0957Grass Patch · scandiumGrade: 85.18Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC0957
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
85.18
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
24 m
To
39 m
Hole Depth
51 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0957:24-39

Location

Easting
424328
Northing
6315033
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.76 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (85.18 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 24m)

Evidence · table

“85.18”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1023Grass Patch · scandiumGrade: 70.19Grade Unit: ppmIntercept: 31 mView all details
Link to this fact

Identity

Hole ID
MRAC1023
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
70.19
Grade Unit
ppm
Intercept
31 m
True Width
31 m
From
17 m
To
48 m
Hole Depth
48 m
Intercept Depth
17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1023:17-48

Location

Easting
426806
Northing
6322233
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.25 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (31m)
  • Near-surface mineralization (from 17m)

Negative factors

  • Grade (70.19 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“70.19”

Context: 31

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 31

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1043Grass Patch · scandiumGrade: 89.42Grade Unit: ppmIntercept: 39 mView all details
Link to this fact

Identity

Hole ID
MRAC1043
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
89.42
Grade Unit
ppm
Intercept
39 m
True Width
39 m
From
19 m
To
58 m
Hole Depth
58 m
Intercept Depth
19 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1043:19-58

Location

Easting
421772
Northing
6307797
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (89.42 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (39m)
  • Near-surface mineralization (from 19m)
  • Hole ended in mineralization

Evidence · table

“89.42”

Context: 39

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 39

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1032Grass Patch · scandiumGrade: 78.86Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1032
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
78.86
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
6 m
To
24 m
Hole Depth
24 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1032:6-24

Location

Easting
421061
Northing
6316103
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180.33 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (78.86 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 6m)
  • Hole ended in mineralization

Evidence · table

“78.86”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1034Grass Patch · scandiumGrade: 77.46Grade Unit: ppmIntercept: 29 mView all details
Link to this fact

Identity

Hole ID
MRAC1034
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
77.46
Grade Unit
ppm
Intercept
29 m
True Width
29 m
From
9 m
To
38 m
Hole Depth
38 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1034:9-38

Location

Easting
423130
Northing
6305883
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.27 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a substantial width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (77.46 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (29m)
  • Near-surface mineralization (from 9m)
  • Hole ended in mineralization

Evidence · table

“77.46”

Context: 29

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 29

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1036Grass Patch · scandiumGrade: 119.41Grade Unit: ppmIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
MRAC1036
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
119.41
Grade Unit
ppm
Intercept
22 m
True Width
22 m
From
12 m
To
34 m
Hole Depth
34 m
Intercept Depth
12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1036:12-34

Location

Easting
422585
Northing
6306465
CRS
GDA94, Zone 51
EPSG
28351
Elevation
175.29 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (119.41 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (22m)
  • Near-surface mineralization (from 12m)
  • Hole ended in mineralization

Evidence · table

“119.41”

Context: 22

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 22

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1037Grass Patch · scandiumGrade: 66.72Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
MRAC1037
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
66.72
Grade Unit
ppm
Intercept
25 m
True Width
25 m
From
18 m
To
43 m
Hole Depth
43 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1037:18-43

Location

Easting
422318
Northing
6306762
CRS
GDA94, Zone 51
EPSG
28351
Elevation
175 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (25m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Negative factors

  • Grade (66.72 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“66.72”

Context: 25

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 25

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1038Grass Patch · scandiumGrade: 74.31Grade Unit: ppmIntercept: 26 mView all details
Link to this fact

Identity

Hole ID
MRAC1038
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
74.31
Grade Unit
ppm
Intercept
26 m
True Width
26 m
From
15 m
To
41 m
Hole Depth
42 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1038:15-41

Location

Easting
422194
Northing
6307145
CRS
GDA94, Zone 51
EPSG
28351
Elevation
175 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though slightly below the current resource average.

Positive factors

  • Significant intercept length (26m)
  • Near-surface mineralization (from 15m)

Negative factors

  • Grade (74.31 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“74.31”

Context: 26

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 26

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1039Grass Patch · scandiumGrade: 79.97Grade Unit: ppmIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
MRAC1039
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
79.97
Grade Unit
ppm
Intercept
19 m
True Width
19 m
From
15 m
To
34 m
Hole Depth
34 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1039:15-34

Location

Easting
422062
Northing
6307523
CRS
GDA94, Zone 51
EPSG
28351
Elevation
176.16 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (79.97 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 15m)
  • Hole ended in mineralization

Evidence · table

“79.97”

Context: 19

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 19

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1040Grass Patch · scandiumGrade: 102.09Grade Unit: ppmIntercept: 40 mView all details
Link to this fact

Identity

Hole ID
MRAC1040
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
102.09
Grade Unit
ppm
Intercept
40 m
True Width
40 m
From
18 m
To
58 m
Hole Depth
58 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1040:18-58

Location

Easting
421772
Northing
6307797
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (102.09 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (40m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Evidence · table

“102.09”

Context: 40

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 40

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1041Grass Patch · scandiumGrade: 76.04Grade Unit: ppmIntercept: 32 mView all details
Link to this fact

Identity

Hole ID
MRAC1041
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
76.04
Grade Unit
ppm
Intercept
32 m
True Width
32 m
From
24 m
To
56 m
Hole Depth
56 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1041:24-56

Location

Easting
421490
Northing
6308086
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though slightly below the current resource average.

Positive factors

  • Significant intercept length (32m)
  • Near-surface mineralization (from 24m)
  • Hole ended in mineralization

Negative factors

  • Grade (76.04 ppm Sc2O3) is slightly below the 76.8 ppm Sc2O3 resource average

Evidence · table

“76.04”

Context: 32

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 32

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1042Grass Patch · scandiumGrade: 57.61Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1042
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
57.61
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
24 m
To
42 m
Hole Depth
48 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1042:24-42

Location

Easting
421212
Northing
6308371
CRS
GDA94, Zone 51
EPSG
28351
Elevation
176.16 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (18m)
  • Near-surface mineralization (from 24m)

Negative factors

  • Grade (57.61 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“57.61”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1010Grass Patch · scandiumGrade: 37.88Grade Unit: ppmIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MRAC1010
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
37.88
Grade Unit
ppm
Intercept
2 m
True Width
2 m
From
51 m
To
53 m
Hole Depth
53 m
Intercept Depth
51 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1010:51-53

Location

Easting
426806
Northing
6322233
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.25 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows low-grade scandium mineralization over a narrow width, below the stated cutoff grade, but indicates continued mineralization at depth.

Positive factors

  • Hole ended in mineralization

Negative factors

  • Low grade (37.88 ppm Sc2O3) below cutoff
  • Narrow intercept length (2m)

Evidence · table

“37.88”

Context: 2

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 2

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1011Grass Patch · scandiumGrade: 89.57Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
MRAC1011
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
89.57
Grade Unit
ppm
Intercept
10 m
True Width
10 m
From
38 m
To
48 m
Hole Depth
58 m
Intercept Depth
38 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1011:38-48

Location

Easting
426673
Northing
6322611
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (89.57 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)

Evidence · table

“89.57”

Context: 10

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 10

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1011Grass Patch · scandiumGrade: 56.75Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC1011
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
56.75
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
57 m
To
58 m
Hole Depth
58 m
Intercept Depth
57 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1011:57-58

Location

Easting
426673
Northing
6322611
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, below the current resource average, but indicates continued mineralization at depth.

Positive factors

  • Hole ended in mineralization

Negative factors

  • Low grade (56.75 ppm Sc2O3) below resource average
  • Narrow intercept length (1m)

Evidence · table

“56.75”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1014Grass Patch · scandiumGrade: 66.3Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
MRAC1014
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
66.3
Grade Unit
ppm
Intercept
9 m
True Width
9 m
From
54 m
To
63 m
Hole Depth
63 m
Intercept Depth
54 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1014:54-63

Location

Easting
425410
Northing
6322930
CRS
GDA94, Zone 51
EPSG
28351
Elevation
185.05 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (9m)

Negative factors

  • Grade (66.3 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“66.30”

Context: 9

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 9

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1015Grass Patch · scandiumGrade: 82.77Grade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MRAC1015
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
82.77
Grade Unit
ppm
Intercept
6 m
True Width
6 m
From
54 m
To
60 m
Hole Depth
60 m
Intercept Depth
54 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1015:54-60

Location

Easting
424979
Northing
6322918
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.78 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (82.77 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)

Evidence · table

“82.77”

Context: 6

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 6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1017Grass Patch · scandiumGrade: 56.42Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1017
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
56.42
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
24 m
To
42 m
Hole Depth
42 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1017:24-42

Location

Easting
424260
Northing
6322892
CRS
GDA94, Zone 51
EPSG
28351
Elevation
191.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (18m)
  • Near-surface mineralization (from 24m)
  • Hole ended in mineralization

Negative factors

  • Grade (56.42 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“56.42”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1113Grass Patch · scandiumGrade: 81.37Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC1113
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
81.37
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
27 m
To
42 m
Hole Depth
42 m
Intercept Depth
27 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1113:27-42

Location

Easting
431010
Northing
6315279
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (81.37 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 27m)
  • Hole ended in mineralization

Evidence · table

“81.37”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1114Grass Patch · scandiumGrade: 106.83Grade Unit: ppmIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
MRAC1114
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
106.83
Grade Unit
ppm
Intercept
16 m
True Width
16 m
From
32 m
To
48 m
Hole Depth
53 m
Intercept Depth
32 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1114:32-48

Location

Easting
430599
Northing
6315281
CRS
GDA94, Zone 51
EPSG
28351
Elevation
178.28 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (106.83 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (16m)
  • Near-surface mineralization (from 32m)
  • Hole ended in mineralization

Evidence · table

“106.83”

Context: 16

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 16

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1098Grass Patch · scandiumGrade: 66.8Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MRAC1098
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
66.8
Grade Unit
ppm
Intercept
4 m
True Width
4 m
From
48 m
To
52 m
Hole Depth
85 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1098:48-52

Location

Easting
431459
Northing
6317705
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180.88 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, below the current resource average.

Negative factors

  • Low grade (66.8 ppm Sc2O3) below resource average
  • Narrow intercept length (4m)

Evidence · table

“66.80”

Context: 4

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 4

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1098Grass Patch · scandiumGrade: 70.09Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC1098
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
70.09
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
84 m
To
85 m
Hole Depth
85 m
Intercept Depth
84 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1098:84-85

Location

Easting
431459
Northing
6317705
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180.88 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, below the current resource average, but indicates continued mineralization at depth.

Positive factors

  • Hole ended in mineralization

Negative factors

  • Low grade (70.09 ppm Sc2O3) below resource average
  • Narrow intercept length (1m)

Evidence · table

“70.09”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1099Grass Patch · scandiumGrade: 83.29Grade Unit: ppmIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MRAC1099
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
83.29
Grade Unit
ppm
Intercept
20 m
True Width
20 m
From
18 m
To
38 m
Hole Depth
38 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1099:18-38

Location

Easting
431075
Northing
6317631
CRS
GDA94, Zone 51
EPSG
28351
Elevation
181 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (83.29 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (20m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Evidence · table

“83.29”

Context: 20

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 20

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1021Grass Patch · scandiumGrade: 56.11Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC1021
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
56.11
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
27 m
To
42 m
Hole Depth
46 m
Intercept Depth
27 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1021:27-42

Location

Easting
422581
Northing
6322799
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.37 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (15m)

Negative factors

  • Grade (56.11 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“56.11”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1151Grass Patch · scandiumGrade: 49Grade Unit: ppmIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
MRAC1151
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
49
Grade Unit
ppm
Intercept
8 m
True Width
8 m
From
24 m
To
32 m
Hole Depth
32 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1151:24-32

Location

Easting
428995
Northing
6329761
CRS
GDA94, Zone 51
EPSG
28351
Elevation
210 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 24m)
  • Grade (49 ppm Sc2O3) is above cutoff

Negative factors

  • Grade (49 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“49.00”

Context: 8

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 8

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1159Grass Patch · scandiumGrade: 72.99Grade Unit: ppmIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
MRAC1159
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
72.99
Grade Unit
ppm
Intercept
24 m
True Width
24 m
From
18 m
To
42 m
Hole Depth
42 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1159:18-42

Location

Easting
431761
Northing
6328152
CRS
GDA94, Zone 51
EPSG
28351
Elevation
208.48 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (24m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Negative factors

  • Grade (72.99 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“72.99”

Context: 24

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 24

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1161Grass Patch · scandiumGrade: 44.9Grade Unit: ppmIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MRAC1161
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
44.9
Grade Unit
ppm
Intercept
12 m
True Width
12 m
From
15 m
To
27 m
Hole Depth
32 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1161:15-27

Location

Easting
432449
Northing
6327754
CRS
GDA94, Zone 51
EPSG
28351
Elevation
202.47 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 15m)
  • Grade (44.9 ppm Sc2O3) is above cutoff

Negative factors

  • Grade (44.9 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“44.90”

Context: 12

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 12

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1044Grass Patch · scandiumGrade: 69.35Grade Unit: ppmIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
MRAC1044
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
69.35
Grade Unit
ppm
Intercept
11 m
True Width
11 m
From
33 m
To
44 m
Hole Depth
44 m
Intercept Depth
33 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1044:33-44

Location

Easting
420656
Northing
6308941
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (11m)
  • Near-surface mineralization (from 33m)
  • Hole ended in mineralization

Negative factors

  • Grade (69.35 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“69.35”

Context: 11

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 11

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1046Grass Patch · scandiumGrade: 97.72Grade Unit: ppmIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
MRAC1046
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
97.72
Grade Unit
ppm
Intercept
23 m
True Width
23 m
From
29 m
To
52 m
Hole Depth
52 m
Intercept Depth
29 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1046:29-52

Location

Easting
420067
Northing
6309490
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.02 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (97.72 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (23m)
  • Near-surface mineralization (from 29m)
  • Hole ended in mineralization

Evidence · table

“97.72”

Context: 23

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 23

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1047Grass Patch · scandiumGrade: 93.98Grade Unit: ppmIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
MRAC1047
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
93.98
Grade Unit
ppm
Intercept
21 m
True Width
21 m
From
6 m
To
27 m
Hole Depth
27 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1047:6-27

Location

Easting
419794
Northing
6309780
CRS
GDA94, Zone 51
EPSG
28351
Elevation
173.57 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (93.98 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (21m)
  • Near-surface mineralization (from 6m)
  • Hole ended in mineralization

Evidence · table

“93.98”

Context: 21

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 21

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1049Grass Patch · scandiumGrade: 92.23Grade Unit: ppmIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
MRAC1049
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
92.23
Grade Unit
ppm
Intercept
16 m
True Width
16 m
From
3 m
To
19 m
Hole Depth
19 m
Intercept Depth
3 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1049:3-19

Location

Easting
419233
Northing
6310355
CRS
GDA94, Zone 51
EPSG
28351
Elevation
173.18 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (92.23 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (16m)
  • Near-surface mineralization (from 3m)
  • Hole ended in mineralization

Evidence · table

“92.23”

Context: 16

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 16

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1052Grass Patch · scandiumGrade: 124.6Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MRAC1052
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
124.6
Grade Unit
ppm
Intercept
13 m
True Width
13 m
From
16 m
To
29 m
Hole Depth
29 m
Intercept Depth
16 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1052:16-29

Location

Easting
418247
Northing
6311020
CRS
GDA94, Zone 51
EPSG
28351
Elevation
175 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (124.6 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (13m)
  • Near-surface mineralization (from 16m)
  • Hole ended in mineralization

Evidence · table

“124.60”

Context: 13

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 13

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1053Grass Patch · scandiumGrade: 182.14Grade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MRAC1053
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
182.14
Grade Unit
ppm
Intercept
6 m
True Width
6 m
From
6 m
To
12 m
Hole Depth
29 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1053:6-12

Location

Easting
418027
Northing
6311354
CRS
GDA94, Zone 51
EPSG
28351
Elevation
174.81 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (182.14 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 6m)

Evidence · table

“182.14”

Context: 6

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 6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1053Grass Patch · scandiumGrade: 84.05Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC1053
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
84.05
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
28 m
To
29 m
Hole Depth
29 m
Intercept Depth
28 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1053:28-29

Location

Easting
418027
Northing
6311354
CRS
GDA94, Zone 51
EPSG
28351
Elevation
174.81 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization over a narrow width, above the current resource average, indicating continued mineralization at depth.

Positive factors

  • High-grade intercept (84.05 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Hole ended in mineralization

Negative factors

  • Narrow intercept length (1m)

Evidence · table

“84.05”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0926Grass Patch · scandiumGrade: 64.68Grade Unit: ppmIntercept: 43 mView all details
Link to this fact

Identity

Hole ID
MRAC0926
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
64.68
Grade Unit
ppm
Intercept
43 m
True Width
43 m
From
18 m
To
61 m
Hole Depth
61 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0926:18-61

Location

Easting
429420
Northing
6315373
CRS
GDA94, Zone 51
EPSG
28351
Elevation
178.72 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (43m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Negative factors

  • Grade (64.68 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“64.68”

Context: 43

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 43

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0927Grass Patch · scandiumGrade: 80.85Grade Unit: ppmIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
MRAC0927
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
80.85
Grade Unit
ppm
Intercept
21 m
True Width
21 m
From
39 m
To
60 m
Hole Depth
67 m
Intercept Depth
39 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0927:39-60

Location

Easting
429413
Northing
6315768
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (80.85 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (21m)

Evidence · table

“80.85”

Context: 21

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 21

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0927Grass Patch · scandiumGrade: 54.91Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC0927
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
54.91
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
66 m
To
67 m
Hole Depth
67 m
Intercept Depth
66 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0927:66-67

Location

Easting
429413
Northing
6315768
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, below the current resource average.

Negative factors

  • Low grade (54.91 ppm Sc2O3) below resource average
  • Narrow intercept length (1m)

Evidence · table

“54.91”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0928Grass Patch · scandiumGrade: 74.9Grade Unit: ppmIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MRAC0928
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
74.9
Grade Unit
ppm
Intercept
20 m
True Width
20 m
From
24 m
To
44 m
Hole Depth
44 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0928:24-44

Location

Easting
429409
Northing
6316179
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.99 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though slightly below the current resource average.

Positive factors

  • Significant intercept length (20m)
  • Near-surface mineralization (from 24m)
  • Hole ended in mineralization

Negative factors

  • Grade (74.9 ppm Sc2O3) is slightly below the 76.8 ppm Sc2O3 resource average

Evidence · table

“74.90”

Context: 20

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 20

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0929Grass Patch · scandiumGrade: 72.78Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC0929
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
72.78
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
18 m
To
33 m
Hole Depth
33 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0929:18-33

Location

Easting
429410
Northing
6316568
CRS
GDA94, Zone 51
EPSG
28351
Elevation
176.81 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (15m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Negative factors

  • Grade (72.78 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“72.78”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0930Grass Patch · scandiumGrade: 47.8Grade Unit: ppmIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
MRAC0930
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
47.8
Grade Unit
ppm
Intercept
7 m
True Width
7 m
From
21 m
To
28 m
Hole Depth
28 m
Intercept Depth
21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0930:21-28

Location

Easting
429407
Northing
6316950
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.54 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 21m)
  • Grade (47.8 ppm Sc2O3) is above cutoff
  • Hole ended in mineralization

Negative factors

  • Grade (47.8 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“47.80”

Context: 7

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 7

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0931Grass Patch · scandiumGrade: 74.7Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC0931
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
74.7
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
36 m
To
37 m
Hole Depth
37 m
Intercept Depth
36 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0931:36-37

Location

Easting
429396
Northing
6317308
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.59 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, slightly below the current resource average, but indicates continued mineralization at depth.

Positive factors

  • Hole ended in mineralization

Negative factors

  • Low grade (74.7 ppm Sc2O3) below resource average
  • Narrow intercept length (1m)

Evidence · table

“74.70”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0915Grass Patch · scandiumGrade: 83.61Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC0915
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
83.61
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
30 m
To
48 m
Hole Depth
49 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0915:30-48

Location

Easting
425143
Northing
6315061
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (83.61 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (18m)

Evidence · table

“83.61”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0917Grass Patch · scandiumGrade: 91.29Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MRAC0917
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
91.29
Grade Unit
ppm
Intercept
14 m
True Width
14 m
From
33 m
To
47 m
Hole Depth
48 m
Intercept Depth
33 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0917:33-47

Location

Easting
425993
Northing
6315091
CRS
GDA94, Zone 51
EPSG
28351
Elevation
178.89 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (91.29 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (14m)

Evidence · table

“91.29”

Context: 14

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 14

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0919Grass Patch · scandiumGrade: 63.74Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MRAC0919
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
63.74
Grade Unit
ppm
Intercept
13 m
True Width
13 m
From
42 m
To
55 m
Hole Depth
56 m
Intercept Depth
42 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0919:42-55

Location

Easting
426447
Northing
6315295
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (13m)

Negative factors

  • Grade (63.74 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“63.74”

Context: 13

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 13

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0920Grass Patch · scandiumGrade: 104.15Grade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MRAC0920
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
104.15
Grade Unit
ppm
Intercept
6 m
True Width
6 m
From
27 m
To
33 m
Hole Depth
46 m
Intercept Depth
27 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0920:27-33

Location

Easting
426828
Northing
6315328
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (104.15 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 27m)

Evidence · table

“104.15”

Context: 6

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 6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0920Grass Patch · scandiumGrade: 62.58Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MRAC0920
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
62.58
Grade Unit
ppm
Intercept
1 m
True Width
1 m
From
45 m
To
46 m
Hole Depth
46 m
Intercept Depth
45 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0920:45-46

Location

Easting
426828
Northing
6315328
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, below the current resource average, but indicates continued mineralization at depth.

Positive factors

  • Hole ended in mineralization

Negative factors

  • Low grade (62.58 ppm Sc2O3) below resource average
  • Narrow intercept length (1m)

Evidence · table

“62.58”

Context: 1

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 1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0922Grass Patch · scandiumGrade: 107.94Grade Unit: ppmIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
MRAC0922
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
107.94
Grade Unit
ppm
Intercept
21 m
True Width
21 m
From
18 m
To
39 m
Hole Depth
39 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0922:18-39

Location

Easting
427640
Northing
6315345
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.35 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (107.94 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (21m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Evidence · table

“107.94”

Context: 21

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 21

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0923Grass Patch · scandiumGrade: 75.92Grade Unit: ppmIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MRAC0923
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
75.92
Grade Unit
ppm
Intercept
2 m
True Width
2 m
From
34 m
To
36 m
Hole Depth
62 m
Intercept Depth
34 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0923:34-36

Location

Easting
428055
Northing
6315350
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, slightly below the current resource average.

Negative factors

  • Low grade (75.92 ppm Sc2O3) below resource average
  • Narrow intercept length (2m)

Evidence · table

“75.92”

Context: 2

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 2

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0923Grass Patch · scandiumGrade: 83.9Grade Unit: ppmIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
MRAC0923
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
83.9
Grade Unit
ppm
Intercept
3 m
True Width
3 m
From
45 m
To
48 m
Hole Depth
62 m
Intercept Depth
45 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0923:45-48

Location

Easting
428055
Northing
6315350
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization over a narrow width, above the current resource average.

Positive factors

  • High-grade intercept (83.9 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)

Negative factors

  • Narrow intercept length (3m)

Evidence · table

“83.90”

Context: 3

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 3

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0923Grass Patch · scandiumGrade: 81.75Grade Unit: ppmIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
MRAC0923
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
81.75
Grade Unit
ppm
Intercept
11 m
True Width
11 m
From
51 m
To
62 m
Hole Depth
62 m
Intercept Depth
51 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0923:51-62

Location

Easting
428055
Northing
6315350
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (81.75 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (11m)
  • Hole ended in mineralization

Evidence · table

“81.75”

Context: 11

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 11

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0924Grass Patch · scandiumGrade: 85.64Grade Unit: ppmIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
MRAC0924
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
85.64
Grade Unit
ppm
Intercept
27 m
True Width
27 m
From
24 m
To
51 m
Hole Depth
55 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0924:24-51

Location

Easting
428449
Northing
6315359
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.14 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a substantial width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (85.64 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (27m)
  • Near-surface mineralization (from 24m)

Evidence · table

“85.64”

Context: 27

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 27

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0925Grass Patch · scandiumGrade: 89.12Grade Unit: ppmIntercept: 42 mView all details
Link to this fact

Identity

Hole ID
MRAC0925
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
89.12
Grade Unit
ppm
Intercept
42 m
True Width
42 m
From
19 m
To
61 m
Hole Depth
61 m
Intercept Depth
19 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0925:19-61

Location

Easting
428826
Northing
6315348
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (89.12 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (42m)
  • Near-surface mineralization (from 19m)
  • Hole ended in mineralization

Evidence · table

“89.12”

Context: 42

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 42

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1001Grass Patch · scandiumGrade: 61.21Grade Unit: ppmIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
MRAC1001
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
61.21
Grade Unit
ppm
Intercept
30 m
True Width
30 m
From
30 m
To
60 m
Hole Depth
60 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1001:30-60

Location

Easting
421269
Northing
6320240
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (30m)
  • Hole ended in mineralization

Negative factors

  • Grade (61.21 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“61.21”

Context: 30

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 30

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1002Grass Patch · scandiumGrade: 46.29Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MRAC1002
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
46.29
Grade Unit
ppm
Intercept
13 m
True Width
13 m
From
12 m
To
25 m
Hole Depth
25 m
Intercept Depth
12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1002:12-25

Location

Easting
421010
Northing
6320241
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 12m)
  • Grade (46.29 ppm Sc2O3) is above cutoff
  • Hole ended in mineralization

Negative factors

  • Grade (46.29 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“46.29”

Context: 13

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 13

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1003Grass Patch · scandiumGrade: 74.11Grade Unit: ppmIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
MRAC1003
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
74.11
Grade Unit
ppm
Intercept
49 m
True Width
49 m
From
9 m
To
58 m
Hole Depth
58 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1003:9-58

Location

Easting
421007
Northing
6320637
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.71 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though slightly below the current resource average.

Positive factors

  • Significant intercept length (49m)
  • Near-surface mineralization (from 9m)
  • Hole ended in mineralization

Negative factors

  • Grade (74.11 ppm Sc2O3) is slightly below the 76.8 ppm Sc2O3 resource average

Evidence · table

“74.11”

Context: 49

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 49

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1009Grass Patch · scandiumGrade: 49.29Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1009
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
49.29
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
39 m
To
57 m
Hole Depth
76 m
Intercept Depth
39 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1009:39-57

Location

Easting
420966
Northing
6323080
CRS
GDA94, Zone 51
EPSG
28351
Elevation
195.16 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Good intercept length (18m)
  • Grade (49.29 ppm Sc2O3) is above cutoff

Negative factors

  • Grade (49.29 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“49.29”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1162Grass Patch · scandiumGrade: 48.25Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MRAC1162
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
48.25
Grade Unit
ppm
Intercept
14 m
True Width
14 m
From
26 m
To
53 m
Hole Depth
53 m
Intercept Depth
26 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1162:26-53

Location

Easting
432800
Northing
6327551
CRS
GDA94, Zone 51
EPSG
28351
Elevation
200.12 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Good intercept length (14m)
  • Near-surface mineralization (from 26m)

Negative factors

  • Grade (48.25 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“48.25”

Context: 14

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 14

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1130Grass Patch · scandiumGrade: 65.16Grade Unit: ppmIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
MRAC1130
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
65.16
Grade Unit
ppm
Intercept
36 m
True Width
36 m
From
18 m
To
54 m
Hole Depth
54 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1130:18-54

Location

Easting
430254
Northing
6333242
CRS
GDA94, Zone 51
EPSG
28351
Elevation
208.13 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (36m)
  • Near-surface mineralization (from 18m)

Negative factors

  • Grade (65.16 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“65.16”

Context: 36

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 36

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1130Grass Patch · scandiumGrade: 122.09Grade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MRAC1130
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
122.09
Grade Unit
ppm
Intercept
6 m
True Width
6 m
From
30 m
To
36 m
Hole Depth
54 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1130:30-36

Location

Easting
430254
Northing
6333242
CRS
GDA94, Zone 51
EPSG
28351
Elevation
208.13 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (122.09 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 30m)

Evidence · table

“122.09”

Context: 6

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 6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD025Grass Patch · scandiumGrade: 61.05Grade Unit: ppmIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
MRDD025
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
61.05
Grade Unit
ppm
Intercept
3 m
True Width
3 m
From
28 m
To
31.4 m
Hole Depth
31.4 m
Intercept Depth
28 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD025:28-31.4

Location

Easting
418546
Northing
6310767
CRS
GDA94, Zone 51
EPSG
28351
Elevation
177.74 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a narrow width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 28m)
  • Grade (61.05 ppm Sc2O3) is above cutoff

Negative factors

  • Grade (61.05 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average
  • Narrow intercept length (3m)

Evidence · table

“61.05”

Context: 3

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 3

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD026Grass Patch · scandiumGrade: 96.14Grade Unit: ppmIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
MRDD026
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
96.14
Grade Unit
ppm
Intercept
19 m
True Width
19 m
From
17 m
To
36.1 m
Hole Depth
36.1 m
Intercept Depth
17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD026:17-36.1

Location

Easting
418016
Northing
6311366
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.99 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (96.14 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (19m)
  • Near-surface mineralization (from 17m)
  • Hole ended in mineralization

Evidence · table

“96.14”

Context: 19

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 19

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD026Grass Patch · scandiumGrade: 132.72Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
MRDD026
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
132.72
Grade Unit
ppm
Intercept
10 m
True Width
10 m
From
17 m
To
27 m
Hole Depth
36.1 m
Intercept Depth
17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD026:17-27

Location

Easting
418016
Northing
6311366
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.99 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (132.72 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 17m)

Evidence · table

“132.72”

Context: 10

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 10

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD029Grass Patch · scandiumGrade: 81.95Grade Unit: ppmIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MRDD029
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
81.95
Grade Unit
ppm
Intercept
20 m
True Width
20 m
From
20 m
To
46.4 m
Hole Depth
46.4 m
Intercept Depth
20 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD029:20-46.4

Location

Easting
426832
Northing
6315327
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.886 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (81.95 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (20m)
  • Near-surface mineralization (from 20m)

Evidence · table

“81.95”

Context: 20

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 20

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD029Grass Patch · scandiumGrade: 113.39Grade Unit: ppmIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
MRDD029
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
113.39
Grade Unit
ppm
Intercept
7 m
True Width
7 m
From
24 m
To
31 m
Hole Depth
46.4 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD029:24-31

Location

Easting
426832
Northing
6315327
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.886 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (113.39 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 24m)

Evidence · table

“113.39”

Context: 7

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 7

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD030Grass Patch · scandiumGrade: 84.45Grade Unit: ppmIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
MRDD030
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
84.45
Grade Unit
ppm
Intercept
24 m
True Width
24 m
From
15 m
To
39 m
Hole Depth
39 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD030:15-39

Location

Easting
429407
Northing
6316577
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.91 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a substantial width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (84.45 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (24m)
  • Near-surface mineralization (from 15m)
  • Hole ended in mineralization

Evidence · table

“84.45”

Context: 24

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 24

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD030Grass Patch · scandiumGrade: 113.33Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
MRDD030
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
113.33
Grade Unit
ppm
Intercept
10 m
True Width
10 m
From
23 m
To
33 m
Hole Depth
39 m
Intercept Depth
23 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD030:23-33

Location

Easting
429407
Northing
6316577
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.91 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (113.33 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 23m)

Evidence · table

“113.33”

Context: 10

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 10

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD031Grass Patch · scandiumGrade: 76.11Grade Unit: ppmIntercept: 9.6 mView all details
Link to this fact

Identity

Hole ID
MRDD031
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
76.11
Grade Unit
ppm
Intercept
9.6 m
True Width
9.6 m
From
19 m
To
28.6 m
Hole Depth
28.6 m
Intercept Depth
19 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD031:19-28.6

Location

Easting
429405
Northing
6316955
CRS
GDA94, Zone 51
EPSG
28351
Elevation
185.08 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though slightly below the current resource average.

Positive factors

  • Good intercept length (9.6m)
  • Near-surface mineralization (from 19m)
  • Hole ended in mineralization

Negative factors

  • Grade (76.11 ppm Sc2O3) is slightly below the 76.8 ppm Sc2O3 resource average

Evidence · table

“76.11”

Context: 9.6

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 9.6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD031Grass Patch · scandiumGrade: 104.45Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MRDD031
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
104.45
Grade Unit
ppm
Intercept
4 m
True Width
4 m
From
21 m
To
25 m
Hole Depth
28.6 m
Intercept Depth
21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD031:21-25

Location

Easting
429405
Northing
6316955
CRS
GDA94, Zone 51
EPSG
28351
Elevation
185.08 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (104.45 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 21m)

Evidence · table

“104.45”

Context: 4

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 4

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD032Grass Patch · scandiumGrade: 65.62Grade Unit: ppmIntercept: 26.5 mView all details
Link to this fact

Identity

Hole ID
MRDD032
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
65.62
Grade Unit
ppm
Intercept
26.5 m
True Width
26.5 m
From
10 m
To
36.5 m
Hole Depth
36.5 m
Intercept Depth
10 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD032:10-36.5

Location

Easting
428772
Northing
6317302
CRS
GDA94, Zone 51
EPSG
28351
Elevation
188.69 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (26.5m)
  • Near-surface mineralization (from 10m)
  • Hole ended in mineralization

Negative factors

  • Grade (65.62 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“65.62”

Context: 26.5

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 26.5

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD033Grass Patch · scandiumGrade: 82.51Grade Unit: ppmIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
MRDD033
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
82.51
Grade Unit
ppm
Intercept
19 m
True Width
19 m
From
24 m
To
43 m
Hole Depth
43 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD033:24-43

Location

Easting
428762
Northing
6318123
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.73 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (82.51 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (19m)
  • Near-surface mineralization (from 24m)

Evidence · table

“82.51”

Context: 19

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 19

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD033Grass Patch · scandiumGrade: 105.7Grade Unit: ppmIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MRDD033
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
105.7
Grade Unit
ppm
Intercept
12 m
True Width
12 m
From
18 m
To
36 m
Hole Depth
43 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD033:18-36

Location

Easting
428762
Northing
6318123
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.73 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (105.7 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Near-surface mineralization (from 18m)

Evidence · table

“105.70”

Context: 12

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 12

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD034Grass Patch · scandiumGrade: 79.4Grade Unit: ppmIntercept: 34.6 mView all details
Link to this fact

Identity

Hole ID
MRDD034
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
79.4
Grade Unit
ppm
Intercept
34.6 m
True Width
34.6 m
From
17 m
To
49.5 m
Hole Depth
49.5 m
Intercept Depth
17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD034:17-49.5

Location

Easting
429460
Northing
6319123
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.76 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a substantial width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (79.4 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (34.6m)
  • Near-surface mineralization (from 17m)
  • Hole ended in mineralization

Evidence · table

“79.40”

Context: 34.6

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 34.6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD034Grass Patch · scandiumGrade: 113.38Grade Unit: ppmIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
MRDD034
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
113.38
Grade Unit
ppm
Intercept
19 m
True Width
19 m
From
20 m
To
39 m
Hole Depth
49.5 m
Intercept Depth
20 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD034:20-39

Location

Easting
429460
Northing
6319123
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.76 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (113.38 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (19m)
  • Near-surface mineralization (from 20m)

Evidence · table

“113.38”

Context: 19

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 19

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1197Grass Patch · scandiumGrade: 67.34Grade Unit: ppmIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
MRAC1197
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
67.34
Grade Unit
ppm
Intercept
45 m
True Width
45 m
From
6 m
To
51 m
Hole Depth
51 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1197:6-51

Location

Easting
421405
Northing
6318142
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.87 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (45m)
  • Near-surface mineralization (from 6m)
  • Hole ended in mineralization

Negative factors

  • Grade (67.34 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“67.34”

Context: 45

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 45

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1198Grass Patch · scandiumGrade: 49.39Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
MRAC1198
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
49.39
Grade Unit
ppm
Intercept
10 m
True Width
10 m
From
30 m
To
40 m
Hole Depth
40 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1198:30-40

Location

Easting
421817
Northing
6318156
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.16 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Good intercept length (10m)
  • Grade (49.39 ppm Sc2O3) is above cutoff
  • Hole ended in mineralization

Negative factors

  • Grade (49.39 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“49.39”

Context: 10

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 10

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1199Grass Patch · scandiumGrade: 51.61Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MRAC1199
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
51.61
Grade Unit
ppm
Intercept
13 m
True Width
13 m
From
26 m
To
39 m
Hole Depth
39 m
Intercept Depth
26 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1199:26-39

Location

Easting
422207
Northing
6318173
CRS
GDA94, Zone 51
EPSG
28351
Elevation
178.22 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Good intercept length (13m)
  • Grade (51.61 ppm Sc2O3) is above cutoff
  • Hole ended in mineralization

Negative factors

  • Grade (51.61 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“51.61”

Context: 13

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 13

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1356Grass Patch · scandiumGrade: 43.2Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
MRAC1356
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
43.2
Grade Unit
ppm
Intercept
9 m
True Width
9 m
From
6 m
To
16 m
Hole Depth
16 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1356:6-16

Location

Easting
422603
Northing
6318192
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, above the cutoff grade but below the current resource average.

Positive factors

  • Near-surface mineralization (from 6m)
  • Grade (43.2 ppm Sc2O3) is above cutoff
  • Hole ended in mineralization

Negative factors

  • Grade (43.2 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“43.20”

Context: 9

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 9

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1357Grass Patch · scandiumGrade: 57.77Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC1357
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
57.77
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
0 m
To
15 m
Hole Depth
15 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1357:0-15

Location

Easting
423010
Northing
6318207
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Near-surface mineralization (from 0m)
  • Good intercept length (15m)
  • Hole ended in mineralization

Negative factors

  • Grade (57.77 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“57.77”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1358Grass Patch · scandiumGrade: 67.9Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1358
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
67.9
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
0 m
To
18 m
Hole Depth
18 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1358:0-18

Location

Easting
423407
Northing
6318226
CRS
GDA94, Zone 51
EPSG
28351
Elevation
182.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Near-surface mineralization (from 0m)
  • Good intercept length (18m)
  • Hole ended in mineralization

Negative factors

  • Grade (67.9 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“67.90”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1360Grass Patch · scandiumGrade: 67.81Grade Unit: ppmIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
MRAC1360
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
67.81
Grade Unit
ppm
Intercept
21 m
True Width
21 m
From
18 m
To
39 m
Hole Depth
39 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1360:18-39

Location

Easting
424188
Northing
6318261
CRS
GDA94, Zone 51
EPSG
28351
Elevation
181.76 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (21m)
  • Near-surface mineralization (from 18m)
  • Hole ended in mineralization

Negative factors

  • Grade (67.81 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“67.81”

Context: 21

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 21

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1361Grass Patch · scandiumGrade: 69.54Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC1361
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
69.54
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
12 m
To
34 m
Hole Depth
34 m
Intercept Depth
12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1361:12-34

Location

Easting
424585
Northing
6318277
CRS
GDA94, Zone 51
EPSG
28351
Elevation
181.18 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (15m)
  • Near-surface mineralization (from 12m)

Negative factors

  • Grade (69.54 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“69.54”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1362Grass Patch · scandiumGrade: 57.36Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
MRAC1362
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
57.36
Grade Unit
ppm
Intercept
9 m
True Width
9 m
From
18 m
To
28 m
Hole Depth
28 m
Intercept Depth
18 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1362:18-28

Location

Easting
424980
Northing
6318293
CRS
GDA94, Zone 51
EPSG
28351
Elevation
181.06 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Near-surface mineralization (from 18m)

Negative factors

  • Grade (57.36 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“57.36”

Context: 9

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 9

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1364Grass Patch · scandiumGrade: 102.46Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1364
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
102.46
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
45 m
To
53 m
Hole Depth
53 m
Intercept Depth
45 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1364:45-53

Location

Easting
425787
Northing
6318331
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180.99 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (102.46 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (18m)

Evidence · table

“102.46”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1365Grass Patch · scandiumGrade: 82.1Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MRAC1365
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
82.1
Grade Unit
ppm
Intercept
18 m
True Width
18 m
From
33 m
To
51 m
Hole Depth
51 m
Intercept Depth
33 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1365:33-51

Location

Easting
426162
Northing
6318416
CRS
GDA94, Zone 51
EPSG
28351
Elevation
180 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization above the current resource average over a good width, indicating potential for resource expansion.

Positive factors

  • High-grade intercept (82.1 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (18m)
  • Hole ended in mineralization

Evidence · table

“82.10”

Context: 18

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD039Grass Patch · scandiumGrade: 64.02Grade Unit: ppmIntercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
MRDD039
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
64.02
Grade Unit
ppm
Intercept
12.9 m
True Width
12.9 m
From
32 m
To
44.9 m
Hole Depth
44.9 m
Intercept Depth
32 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD039:32-44.9

Location

Easting
424245
Northing
6322881
CRS
GDA94, Zone 51
EPSG
28351
Elevation
200.72 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (12.9m)
  • Hole ended in mineralization

Negative factors

  • Grade (64.02 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“64.02”

Context: 12.9

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 12.9

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD040Grass Patch · scandiumGrade: 65.98Grade Unit: ppmIntercept: 50.1 mView all details
Link to this fact

Identity

Hole ID
MRDD040
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
65.98
Grade Unit
ppm
Intercept
50.1 m
True Width
50.1 m
From
14 m
To
64.1 m
Hole Depth
64.1 m
Intercept Depth
14 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD040:14-64.1

Location

Easting
421007
Northing
6320615
CRS
GDA94, Zone 51
EPSG
28351
Elevation
191.115 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a substantial width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Significant intercept length (50.1m)
  • Near-surface mineralization (from 14m)
  • Hole ended in mineralization

Negative factors

  • Grade (65.98 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“65.98”

Context: 50.1

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 50.1

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRDD041Grass Patch · scandiumGrade: 87.74Grade Unit: ppmIntercept: 34.6 mView all details
Link to this fact

Identity

Hole ID
MRDD041
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
87.74
Grade Unit
ppm
Intercept
34.6 m
True Width
34.6 m
From
6 m
To
40.6 m
Hole Depth
40.6 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRDD041:6-40.6

Location

Easting
421012
Northing
6318090
CRS
GDA94, Zone 51
EPSG
28351
Elevation
183.15 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a substantial width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (87.74 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (34.6m)
  • Near-surface mineralization (from 6m)
  • Hole ended in mineralization

Evidence · table

“87.74”

Context: 34.6

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 34.6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1463Grass Patch · scandiumGrade: 71.09Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
MRAC1463
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
71.09
Grade Unit
ppm
Intercept
9 m
True Width
9 m
From
6 m
To
15 m
Hole Depth
15 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1463:6-15

Location

Easting
436793
Northing
6334863
CRS
GDA94, Zone 51
EPSG
28351
Elevation
210.97 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Near-surface mineralization (from 6m)
  • Good intercept length (9m)
  • Hole ended in mineralization

Negative factors

  • Grade (71.09 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“71.09”

Context: 9

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 9

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC0957Grass Patch · scandiumGrade: 64.94Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MRAC0957
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
64.94
Grade Unit
ppm
Intercept
14 m
True Width
14 m
From
36 m
To
50 m
Hole Depth
51 m
Intercept Depth
36 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC0957:36-50

Location

Easting
424328
Northing
6315033
CRS
GDA94, Zone 51
EPSG
28351
Elevation
179.76 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (14m)

Negative factors

  • Grade (64.94 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“64.94”

Context: 14

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 14

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1000Grass Patch · scandiumGrade: 96.81Grade Unit: ppmIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
MRAC1000
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
96.81
Grade Unit
ppm
Intercept
11 m
True Width
11 m
From
43 m
To
54 m
Hole Depth
54 m
Intercept Depth
43 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1000:43-54

Location

Easting
421278
Northing
6319932
CRS
GDA94, Zone 51
EPSG
28351
Elevation
187.09 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows high-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • High-grade intercept (96.81 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Good intercept length (11m)
  • Hole ended in mineralization

Evidence · table

“96.81”

Context: 11

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 11

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1042Grass Patch · scandiumGrade: 60.02Grade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MRAC1042
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
60.02
Grade Unit
ppm
Intercept
6 m
True Width
6 m
From
42 m
To
48 m
Hole Depth
48 m
Intercept Depth
42 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1042:42-48

Location

Easting
421212
Northing
6308371
CRS
GDA94, Zone 51
EPSG
28351
Elevation
176.16 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate-grade scandium mineralization over a good width, contributing to the overall understanding of the mineralized system, though below the current resource average.

Positive factors

  • Good intercept length (6m)

Negative factors

  • Grade (60.02 ppm Sc2O3) is below the 76.8 ppm Sc2O3 resource average

Evidence · table

“60.02”

Context: 6

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 6

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

MRAC1051Grass Patch · scandiumGrade: 102.15Grade Unit: ppmIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MRAC1051
Project
Grass Patch
Commodity
scandium
Region
australia_wa
Reported Region
australia_wa
Ticker
MRD

Geometry

Grade
102.15
Grade Unit
ppm
Intercept
15 m
True Width
15 m
From
6 m
To
21 m
Hole Depth
23 m
Intercept Depth
6 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
MRAC1051:6-21

Location

Easting
418554
Northing
6310767
CRS
GDA94, Zone 51
EPSG
28351
Elevation
174.71 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Compositing

Cutoff Grade
39.7075
Cutoff Unit
ppm Sc2O3

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows exceptional-grade scandium mineralization significantly above the current resource average over a good width, indicating strong potential for resource expansion.

Positive factors

  • Exceptional-grade intercept (102.15 ppm Sc2O3 exceeds 76.8 ppm Sc2O3 resource average)
  • Significant intercept length (15m)
  • Near-surface mineralization (from 6m)

Evidence · table

“102.15”

Context: 15

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 15

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

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: "Grass Patch Project The flagship Grass Patch Project is located approximately 25 kilometres north of the deep-water port"

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.