NYM: Acquisition of High-Grade Cu-Au-Ag Project
Original announcement by asx on
- Company
- Narryer Metals Limited
- Ticker
- NYM
- Exchange
- ASX
- Region
- Chile
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver, Lead, Zinc
- Document categories
- Resource update, Agreement transaction, Capital raise, Drill results
- Extracted
- 2026-09-22 00:34:09 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Narryer Metals Limited announced the acquisition of 100% of the Redhill Copper Project in Chile, a high-grade copper-gold-silver asset with historic production. The project includes an existing JORC Inferred Resource of 4.3Mt at 1.7% Cu, 33 g/t Ag, and 0.3 g/t Au, alongside a large conceptual Exploration Target of 16-49Mt. The acquisition is supported by a strategic investment from 29Metals Limited and includes an experienced in-country team.
Reasoning: Narryer Metals is making a transformative acquisition of a high-grade copper-gold-silver project in Chile, which includes an existing JORC Inferred Resource and a large exploration target, supported by a strategic investment from 29Metals. This provides significant growth potential and operational capability, despite the early-stage nature of the resource confidence and exploration target.
Positive factors
- Acquisition of high-grade Cu-Au-Ag project
- Existing JORC Inferred Resource provides established base
- Large-scale Exploration Target highlights significant growth potential
- Strategic investment from 29Metals Limited
- Experienced in-country operational team acquired
- Entry into world's pre-eminent copper jurisdiction
Negative factors
- Existing resource is 100% Inferred category
- Exploration Target is conceptual in nature and not a Mineral Resource
- Cut-off grade for the existing JORC Resource is not explicitly stated
Facts used in scoring: 47
Classification and evidence
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The existing resource and exploration target are reported in accordance with the JORC Code, 2012 Edition.
Evidence · text
“Existing high-grade JORC Resource of 4.3Mt @ 1.7% Cu, 33 g/t Ag and 0.3 g/t Au”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The existing JORC Resource is entirely in the Inferred category.
Evidence · text
“Existing high-grade JORC Resource of 4.3Mt @ 1.7% Cu, 33 g/t Ag and 0.3 g/t Au”
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The entire existing JORC Resource of 4.3Mt is classified as Inferred.
Evidence · text
“Total Inferred 4.3 1.7 0.3 33 71,249 39,809 4,611”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The document refers to the 2016 JORC Inferred Resource as a 'maiden JORC Inferred Resource'.
Evidence · text
“to produce a maiden JORC Inferred Resource in 2016”
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: Dr Gavin England, a Member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geosciences, is named as the Competent Person for the Exploration Results and Exploration Target, and the company confirms the original Competent Person's findings for the resource are unchanged.
Evidence · text
“The information in this announcement that relates to the Project’s Exploration Results and Exploration Target was compiled by Dr Gavin England, who is a Member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geosciences, Technical Director, and shareholder of the Company. Dr England has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The existing JORC Resource is referenced from 29 Metals ASX announcement dated 26 February 2026, which is more than 6 months old, indicating data currency concern.
Evidence · text
“Information in this announcement relating to the Project’s prior Mineral Resources estimate are extracted from 29 Metals Prospectus including the Independent Geology Report lodged with ASX on 2 July 2021 and 29 Metals ASX announcement dated 26 February 2026”
Metal Equivalent Opaquepositive · Story-specific tag
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: The copper equivalent grades for the exploration target are calculated using disclosed metal prices and metallurgical recoveries, making the calculation transparent.
Evidence · text
“Copper equivalent grades for the exploration target in this release have been calculated using the formula CuEq = Cu% * 0.93 + (Au g/t * 0.784) + (Ag g/t * 0.01515) and are based on 12 month moving monthly average spot metal prices as at 01 September 2026 of A$12,081/t copper (LME spot price), A$4,420/oz (World Gold Council spot price) gold and A$68/oz silver (LBMA spot price) with metallurgical recoveries of 93% for copper, 62% for gold and 78% for silver.”
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The JORC Table 1 Section 1 details QA/QC procedures including Certified Reference Material inserted every 20th sample.
Evidence · text
“QAQC analysis with Certified Reference Material inserted every 20th sample.”
Apparent Width Onlynegative · Story-specific tag
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document states that 'downhole widths are not true widths, but proximal' for the drill results.
Evidence · text
“However, the downhole widths are not true widths, but proximal.”
Deleterious Elements Presentnegative · Story-specific tag
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Historical channel samples mention significant lead and zinc grades, which can be deleterious in copper concentrates.
Evidence · text
“2.7m @ 6.2 g/t Au, 113 g/t Ag, 5.6 % Pb, 6.3% Zn, 0.4% Cu (Channel sample RH-03)”
Extracted facts
Stored fact records: 45. Some facts used in scoring do not have a stored record.
Drill Results (3)
ZDD019ARedhill · copperGrade: 1.69Grade Unit: %Intercept: 7.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ZDD019A
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- NYM
Geometry
- Grade
- 1.69
- Grade Unit
- %
- Intercept
- 7.2 m
- From
- 50.8 m
- To
- 58 m
- Hole Depth
- 300.15 m
- Intercept Depth
- 50.8 m
Classification
- Sample Type
- drill
- Group ID
- ZDD019A:50.8-58
- Mining Method
- underground
Location
- Location
- Angelica
- Easting
- 670758.2
- Northing
- 4086041
- CRS
- WGS84z18s
- Elevation
- 57.7 m
- Azimuth
- 44 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ACME Laboratories and ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-07-02T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This historical drill intercept shows good copper grade over a good length, contributing significantly to the project's overall potential, but its historical nature and apparent width limit its novelty and confidence.
Positive factors
- Good copper grade
- Good intercept length
Negative factors
- Historical result, not new to this announcement
- Apparent width only
Evidence · text
“7.2m @ 1.69% Cu, 74 g/t Ag from 50.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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: "Mina Invierno) within 50km of the Cutters Cove Mine area."
ZDD019ARedhill · silverGrade: 74Grade Unit: g/tIntercept: 7.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ZDD019A
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- chile
- Ticker
- NYM
Geometry
- Grade
- 74
- Grade Unit
- g/t
- Intercept
- 7.2 m
- From
- 50.8 m
- To
- 58 m
- Hole Depth
- 300.15 m
- Intercept Depth
- 50.8 m
Classification
- Sample Type
- drill
- Group ID
- ZDD019A:50.8-58
- Mining Method
- underground
Location
- Location
- Angelica
- Easting
- 670758.2
- Northing
- 4086041
- CRS
- WGS84z18s
- Elevation
- 57.7 m
- Azimuth
- 44 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ACME Laboratories and ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-07-02T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This historical drill intercept shows moderate silver grade over a good length, contributing to the project's overall potential, but its historical nature and apparent width limit its novelty and confidence.
Positive factors
- Moderate silver grade
- Good intercept length
Negative factors
- Historical result, not new to this announcement
- Apparent width only
Evidence · text
“7.2m @ 1.69% Cu, 74 g/t Ag from 50.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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: "Mina Invierno) within 50km of the Cutters Cove Mine area."
ZDD019ARedhill · goldGrade: 1.65Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ZDD019A
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- chile
- Ticker
- NYM
Geometry
- Grade
- 1.65
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 94 m
- To
- 100 m
- Hole Depth
- 300.15 m
- Intercept Depth
- 94 m
Classification
- Sample Type
- drill
- Group ID
- ZDD019A:94-100
- Mining Method
- underground
Location
- Location
- Angelica
- Easting
- 670758.2
- Northing
- 4086041
- CRS
- WGS84z18s
- Elevation
- 57.7 m
- Azimuth
- 44 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ACME Laboratories and ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-07-02T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This historical drill intercept shows good gold grade over a good length, contributing to the project's overall potential, but its historical nature and apparent width limit its novelty and confidence.
Positive factors
- Good gold grade
- Good intercept length
Negative factors
- Historical result, not new to this announcement
- Apparent width only
Evidence · text
“6m @ 1.65 g/t Au from 94m (Drillhole ZDD019A)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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: "Mina Invierno) within 50km of the Cutters Cove Mine area."
Resource Estimates (42)
inferredRedhill Project · copperTonnes: 4300000Grade: 1.7Grade Unit: %Contained Metal: 71249Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:acc8f7ad064be58c1e05
- Deposit or zone
- Total Inferred
Resource Data
- Category
- inferred
- Tonnes
- 4300000
- Grade
- 1.7
- Grade Unit
- %
- Contained Metal
- 71249
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is the total historical inferred copper resource, representing a significant base for the project, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- Good copper grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“1.7”
Context: 4.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill Project · goldTonnes: 4300000Grade: 0.3Grade Unit: g/tContained Metal: 39809Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:acc8f7ad064be58c1e05
- Deposit or zone
- Total Inferred
Resource Data
- Category
- inferred
- Tonnes
- 4300000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 39809
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is the total historical inferred gold resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Gold grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.3”
Context: 4.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill Project · silverTonnes: 4300000Grade: 33Grade Unit: g/tContained Metal: 4611Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:acc8f7ad064be58c1e05
- Deposit or zone
- Total Inferred
Resource Data
- Category
- inferred
- Tonnes
- 4300000
- Grade
- 33
- Grade Unit
- g/t
- Contained Metal
- 4611
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is the total historical inferred silver resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“33”
Context: 4.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
ExtensionsRedhill Project · copperTonnes: 14600000Grade: 1.2Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0ab461ee966eff2be562
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 14600000
- Grade
- 1.2
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant copper tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“1.2”
Context: 14.6
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
ExtensionsRedhill Project · goldTonnes: 14600000Grade: 0.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0ab461ee966eff2be562
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 14600000
- Grade
- 0.5
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant gold tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good gold grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“0.5”
Context: 14.6
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
ExtensionsRedhill Project · silverTonnes: 14600000Grade: 34Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0ab461ee966eff2be562
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 14600000
- Grade
- 34
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant silver tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“34”
Context: 14.6
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
ExtensionsRedhill Project · copperTonnes: 23000000Grade: 1.8Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0309601a52f1e0e02afe
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 23000000
- Grade
- 1.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant copper tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“1.8”
Context: 23
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
ExtensionsRedhill Project · goldTonnes: 23000000Grade: 0.6Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0309601a52f1e0e02afe
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 23000000
- Grade
- 0.6
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant gold tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good gold grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“0.6”
Context: 23
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
ExtensionsRedhill Project · silverTonnes: 23000000Grade: 49Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:0309601a52f1e0e02afe
- Deposit or zone
- Extensions
- Mining method
- underground
Resource Data
- Tonnes
- 23000000
- Grade
- 49
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for extensions shows significant silver tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“49”
Context: 23
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · copperTonnes: 1100000Grade: 1.9Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a64461a12683063c9e41
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 1100000
- Grade
- 1.9
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows significant copper tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- High copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“1.9”
Context: 1.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · goldTonnes: 1100000Grade: 0.2Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a64461a12683063c9e41
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 1100000
- Grade
- 0.2
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows gold tonnage potential at moderate grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Gold grade is moderate for an exploration target
Evidence · table
“0.2”
Context: 1.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · silverTonnes: 1100000Grade: 36Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a64461a12683063c9e41
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 1100000
- Grade
- 36
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 2.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows silver tonnage potential at moderate grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Silver grade is moderate for an exploration target
Evidence · table
“36”
Context: 1.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · copperTonnes: 18800000Grade: 3.5Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:062e10ce1ad8efe9cca2
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 18800000
- Grade
- 3.5
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 4.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows significant copper tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- High copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“3.5”
Context: 18.8
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · goldTonnes: 18800000Grade: 0.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:062e10ce1ad8efe9cca2
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 18800000
- Grade
- 0.3
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 4.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows gold tonnage potential at moderate grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Gold grade is moderate for an exploration target
Evidence · table
“0.3”
Context: 18.8
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
New VeinsRedhill Project · silverTonnes: 18800000Grade: 67Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:062e10ce1ad8efe9cca2
- Deposit or zone
- New Veins
- Mining method
- underground
Resource Data
- Tonnes
- 18800000
- Grade
- 67
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 4.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for new veins shows significant silver tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- High silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“67”
Context: 18.8
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · copperTonnes: 400000Grade: 1.5Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:c0680908b13edd039bed
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 400000
- Grade
- 1.5
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows copper tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Good copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“1.5”
Context: 0.4
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · goldTonnes: 400000Grade: 0Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:c0680908b13edd039bed
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 400000
- Grade
- 0
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows very low gold grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Gold grade is very low for an exploration target
Evidence · table
“0”
Context: 0.4
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · silverTonnes: 400000Grade: 25Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:c0680908b13edd039bed
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 400000
- Grade
- 25
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows silver tonnage potential at moderate grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Silver grade is moderate for an exploration target
Evidence · table
“25”
Context: 0.4
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · copperTonnes: 7100000Grade: 2.8Grade Unit: %View all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e58c587a381f5afd7b78
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 7100000
- Grade
- 2.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows significant copper tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- High copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“2.8”
Context: 7.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · goldTonnes: 7100000Grade: 0.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e58c587a381f5afd7b78
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 7100000
- Grade
- 0.1
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows very low gold grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
- Gold grade is very low for an exploration target
Evidence · table
“0.1”
Context: 7.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
SedimentaryRedhill Project · silverTonnes: 7100000Grade: 47Grade Unit: g/tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e58c587a381f5afd7b78
- Deposit or zone
- Sedimentary
- Mining method
- underground
Resource Data
- Tonnes
- 7100000
- Grade
- 47
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This exploration target for sedimentary style mineralization shows significant silver tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- High silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“47”
Context: 7.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Total*Redhill Project · copperTonnes: 16100000Grade: 1.2Grade Unit: %Contained Metal: 200000Contained Unit: tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a25bd677a00c80c4fb4e
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 16100000
- Grade
- 1.2
- Grade Unit
- %
- Contained Metal
- 200000
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows significant copper tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“1.2”
Context: 16.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Total*Redhill Project · goldTonnes: 16100000Grade: 0.4Grade Unit: g/tContained Metal: 228000Contained Unit: ozView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a25bd677a00c80c4fb4e
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 16100000
- Grade
- 0.4
- Grade Unit
- g/t
- Contained Metal
- 228000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows significant gold tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good gold grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“0.4”
Context: 16.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Total*Redhill Project · silverTonnes: 16100000Grade: 34Grade Unit: g/tContained Metal: 18000Contained Unit: kozView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:a25bd677a00c80c4fb4e
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 16100000
- Grade
- 34
- Grade Unit
- g/t
- Contained Metal
- 18000
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows significant silver tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Large tonnage potential
- Good silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“34”
Context: 16.1
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Total*Redhill Project · copperTonnes: 48900000Grade: 2.6Grade Unit: %Contained Metal: 1267000Contained Unit: tView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:32e34390c9f48ef2da26
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 48900000
- Grade
- 2.6
- Grade Unit
- %
- Contained Metal
- 1267000
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows very significant copper tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Very large tonnage potential
- High copper grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“2.6”
Context: 48.9
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Total*Redhill Project · goldTonnes: 48900000Grade: 0.4Grade Unit: g/tContained Metal: 673000Contained Unit: ozView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:32e34390c9f48ef2da26
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 48900000
- Grade
- 0.4
- Grade Unit
- g/t
- Contained Metal
- 673000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows very significant gold tonnage potential at good grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Very large tonnage potential
- Good gold grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“0.4”
Context: 48.9
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Total*Redhill Project · silverTonnes: 48900000Grade: 55Grade Unit: g/tContained Metal: 87000Contained Unit: kozView all detailsHide details
Identity
- Project
- Redhill Project
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:32e34390c9f48ef2da26
- Deposit or zone
- Total*
- Mining method
- underground
Resource Data
- Tonnes
- 48900000
- Grade
- 55
- Grade Unit
- g/t
- Contained Metal
- 87000
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-09-21
Metal Equivalent
- Metal Eq. Grade
- 3.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS94
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This total exploration target shows very significant silver tonnage potential at high grades, with transparent metal equivalent calculations, but remains conceptual.
Positive factors
- Very large tonnage potential
- High silver grade range
- Metal equivalent assumptions disclosed
Negative factors
- Conceptual nature of exploration target
- Uncertainty if further exploration will result in a Mineral Resource
Evidence · table
“55”
Context: 48.9
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · copperTonnes: 1300000Grade: 2.3Grade Unit: %Contained Metal: 29601Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:41b52ab9f41b0b716aef
- Deposit or zone
- Cristina
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 2.3
- Grade Unit
- %
- Contained Metal
- 29601
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a high-grade copper component of the historical inferred resource, contributing to the overall project's potential, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- High copper grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“2.3”
Context: 1.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · goldTonnes: 1300000Grade: 0.3Grade Unit: g/tContained Metal: 10481Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:41b52ab9f41b0b716aef
- Deposit or zone
- Cristina
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 10481
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a moderate-grade gold component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Gold grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.3”
Context: 1.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · silverTonnes: 1300000Grade: 41Grade Unit: g/tContained Metal: 1719Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:41b52ab9f41b0b716aef
- Deposit or zone
- Cristina
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 41
- Grade Unit
- g/t
- Contained Metal
- 1719
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a moderate-grade silver component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“41”
Context: 1.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · copperTonnes: 600000Grade: 1.5Grade Unit: %Contained Metal: 8840Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:de72c1eab13f85417117
- Deposit or zone
- Angelica
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 600000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 8840
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a good copper component of the historical inferred resource, contributing to the overall project's potential, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- Good copper grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“1.5”
Context: 0.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · goldTonnes: 600000Grade: 0.4Grade Unit: g/tContained Metal: 7382Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:de72c1eab13f85417117
- Deposit or zone
- Angelica
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 600000
- Grade
- 0.4
- Grade Unit
- g/t
- Contained Metal
- 7382
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a low-grade gold component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Gold grade is low for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.4”
Context: 0.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · silverTonnes: 600000Grade: 53Grade Unit: g/tContained Metal: 978Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:de72c1eab13f85417117
- Deposit or zone
- Angelica
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 600000
- Grade
- 53
- Grade Unit
- g/t
- Contained Metal
- 978
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a moderate-grade silver component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“53”
Context: 0.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · copperTonnes: 400000Grade: 0.6Grade Unit: %Contained Metal: 2018Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e6ff50b17e37d1257f1d
- Deposit or zone
- Gorda
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 400000
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 2018
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a low-grade copper component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Copper grade is low for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.6”
Context: 0.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · goldTonnes: 400000Grade: 1.6Grade Unit: g/tContained Metal: 18210Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e6ff50b17e37d1257f1d
- Deposit or zone
- Gorda
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 400000
- Grade
- 1.6
- Grade Unit
- g/t
- Contained Metal
- 18210
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a good gold component of the historical inferred resource, contributing to the overall project's potential, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- Good gold grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“1.6”
Context: 0.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · silverTonnes: 400000Grade: 56Grade Unit: g/tContained Metal: 637Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:e6ff50b17e37d1257f1d
- Deposit or zone
- Gorda
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 400000
- Grade
- 56
- Grade Unit
- g/t
- Contained Metal
- 637
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a moderate-grade silver component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“56”
Context: 0.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · copperTonnes: 300000Grade: 3Grade Unit: %Contained Metal: 9542Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:f642e5f84d0cf470635d
- Deposit or zone
- Cutters
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 3
- Grade Unit
- %
- Contained Metal
- 9542
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a high-grade copper component of the historical inferred resource, contributing significantly to the overall project's potential, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- High copper grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“3”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · goldTonnes: 300000Grade: 0.1Grade Unit: g/tContained Metal: 612Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:f642e5f84d0cf470635d
- Deposit or zone
- Cutters
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 0.1
- Grade Unit
- g/t
- Contained Metal
- 612
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a low-grade gold component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Gold grade is low for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.1”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · silverTonnes: 300000Grade: 51Grade Unit: g/tContained Metal: 520Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:f642e5f84d0cf470635d
- Deposit or zone
- Cutters
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 51
- Grade Unit
- g/t
- Contained Metal
- 520
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a moderate-grade silver component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is moderate for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“51”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · copperTonnes: 1700000Grade: 1.2Grade Unit: %Contained Metal: 21249Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- copper
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:86b46d6d109e1f608410
- Deposit or zone
- Franceses
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 1.2
- Grade Unit
- %
- Contained Metal
- 21249
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a good copper component of the historical inferred resource, contributing to the overall project's potential, but its inferred status and historical nature limit its novelty and confidence.
Positive factors
- Good copper grade for an inferred resource
Negative factors
- Resource is in the inferred category only
- Historical estimate, not new to this announcement
Evidence · table
“1.2”
Context: 1.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · goldTonnes: 1700000Grade: 0.1Grade Unit: g/tContained Metal: 3124Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:86b46d6d109e1f608410
- Deposit or zone
- Franceses
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 0.1
- Grade Unit
- g/t
- Contained Metal
- 3124
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a low-grade gold component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Gold grade is low for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“0.1”
Context: 1.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredRedhill · silverTonnes: 1700000Grade: 14Grade Unit: g/tContained Metal: 757Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Redhill
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- NYM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Gavin England
- Resource group id
- resource:86b46d6d109e1f608410
- Deposit or zone
- Franceses
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 14
- Grade Unit
- g/t
- Contained Metal
- 757
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ACME Laboratories and ALS Laboratories
Location
- CRS
- WGS84
- Loc. Confidence
- medium
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-02-26T00:00:00.000Z
Dates
- Event date
- 2026-09-21T00:00:00.000Z
Reasoning: This is a low-grade silver component of the historical inferred resource, but its inferred status and historical nature limit its novelty and confidence.
Negative factors
- Resource is in the inferred category only
- Silver grade is low for an inferred resource
- Historical estimate, not new to this announcement
Evidence · table
“14”
Context: 1.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.