# NYM: Acquisition of High-Grade Cu-Au-Ag Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142076

Publisher: asx

Original announcement: 2026-09-21T23:38:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T00:34:09.194Z

Atlas analysis updated: 2026-09-22T00:34:09.194Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Acquisition of high-grade Cu-Au-Ag project

- Positive factor: Existing JORC Inferred Resource provides established base

- Positive factor: Large-scale Exploration Target highlights significant growth potential

- Positive factor: Strategic investment from 29Metals Limited

- Positive factor: Experienced in-country operational team acquired

- Positive factor: Entry into world's pre-eminent copper jurisdiction

- Negative factor: Existing resource is 100% Inferred category

- Negative factor: Exploration Target is conceptual in nature and not a Mineral Resource

- Negative factor: Cut-off grade for the existing JORC Resource is not explicitly stated

Facts used in scoring: 47

## Classification and evidence

**JORC Compliant**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 Inferred**

Polarity: negative

Definition: 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 Resource**

Polarity: neutral

Definition: 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 Signed**

Polarity: positive

Definition: 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 Estimate**

Polarity: negative

Definition: Effective date is &gt;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 Opaque**

Polarity: positive

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

Story-specific tag

Definition: 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 Only**

Polarity: negative

Story-specific tag

Definition: 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 Present**

Polarity: negative

Story-specific tag

Definition: 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)

### ZDD019A

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-drill-facts-27)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Good copper grade

- Positive factor: Good intercept length

- Negative factor: Historical result, not new to this announcement

- Negative factor: Apparent width only

Evidence · text

> 7.2m @ 1.69% Cu, 74 g/t Ag from 50.8m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: 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."

### ZDD019A

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-drill-facts-28)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate silver grade

- Positive factor: Good intercept length

- Negative factor: Historical result, not new to this announcement

- Negative factor: Apparent width only

Evidence · text

> 7.2m @ 1.69% Cu, 74 g/t Ag from 50.8m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: 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."

### ZDD019A

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-drill-facts-29)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Good gold grade

- Positive factor: Good intercept length

- Negative factor: Historical result, not new to this announcement

- Negative factor: Apparent width only

Evidence · text

> 6m @ 1.65 g/t Au from 94m \(Drillhole ZDD019A\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: 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)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-0)

Redhill Project · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Good copper grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 1.7

Context: 4.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-1)

Redhill Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Gold grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.3

Context: 4.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-2)

Redhill Project · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 33

Context: 4.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-3)

Redhill Project · copper

#### 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 factor: Large tonnage potential

- Positive factor: Good copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 1.2

Context: 14.6

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-4)

Redhill Project · gold

#### 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 factor: Large tonnage potential

- Positive factor: Good gold grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 0.5

Context: 14.6

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-5)

Redhill Project · silver

#### 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 factor: Large tonnage potential

- Positive factor: Good silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 34

Context: 14.6

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-6)

Redhill Project · copper

#### 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 factor: Large tonnage potential

- Positive factor: Good copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 1.8

Context: 23

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-7)

Redhill Project · gold

#### 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 factor: Large tonnage potential

- Positive factor: Good gold grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 0.6

Context: 23

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Extensions

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-8)

Redhill Project · silver

#### 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 factor: Large tonnage potential

- Positive factor: Good silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 49

Context: 23

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-9)

Redhill Project · copper

#### 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 factor: High copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 1.9

Context: 1.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-10)

Redhill Project · gold

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Gold grade is moderate for an exploration target

Evidence · table

> 0.2

Context: 1.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-11)

Redhill Project · silver

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Silver grade is moderate for an exploration target

Evidence · table

> 36

Context: 1.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-12)

Redhill Project · copper

#### 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 factor: Large tonnage potential

- Positive factor: High copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 3.5

Context: 18.8

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-13)

Redhill Project · gold

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Gold grade is moderate for an exploration target

Evidence · table

> 0.3

Context: 18.8

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### New Veins

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-14)

Redhill Project · silver

#### 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 factor: High silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 67

Context: 18.8

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-15)

Redhill Project · copper

#### 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 factor: Good copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 1.5

Context: 0.4

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-16)

Redhill Project · gold

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Gold grade is very low for an exploration target

Evidence · table

> 0

Context: 0.4

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-17)

Redhill Project · silver

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Silver grade is moderate for an exploration target

Evidence · table

> 25

Context: 0.4

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-18)

Redhill Project · copper

#### 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 factor: Large tonnage potential

- Positive factor: High copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 2.8

Context: 7.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-19)

Redhill Project · gold

#### 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 factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

- Negative factor: Gold grade is very low for an exploration target

Evidence · table

> 0.1

Context: 7.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Sedimentary

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-20)

Redhill Project · silver

#### 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 factor: High silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 47

Context: 7.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-21)

Redhill Project · copper

#### 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 factor: Large tonnage potential

- Positive factor: Good copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 1.2

Context: 16.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-22)

Redhill Project · gold

#### 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 factor: Large tonnage potential

- Positive factor: Good gold grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 0.4

Context: 16.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-23)

Redhill Project · silver

#### 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 factor: Large tonnage potential

- Positive factor: Good silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 34

Context: 16.1

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-24)

Redhill Project · copper

#### 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 factor: Very large tonnage potential

- Positive factor: High copper grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 2.6

Context: 48.9

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-25)

Redhill Project · gold

#### 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 factor: Very large tonnage potential

- Positive factor: Good gold grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 0.4

Context: 48.9

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### Total\*

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-26)

Redhill Project · silver

#### 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 factor: Very large tonnage potential

- Positive factor: High silver grade range

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Conceptual nature of exploration target

- Negative factor: Uncertainty if further exploration will result in a Mineral Resource

Evidence · table

> 55

Context: 48.9

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-32)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: High copper grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 2.3

Context: 1.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-33)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Gold grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.3

Context: 1.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-34)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 41

Context: 1.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-35)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Good copper grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 1.5

Context: 0.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-36)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Gold grade is low for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.4

Context: 0.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-37)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 53

Context: 0.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-38)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Copper grade is low for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.6

Context: 0.4

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-39)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Good gold grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 1.6

Context: 0.4

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-40)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 56

Context: 0.4

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-41)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: High copper grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 3

Context: 0.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-42)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Gold grade is low for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.1

Context: 0.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-43)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is moderate for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 51

Context: 0.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-44)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Good copper grade for an inferred resource

- Negative factor: Resource is in the inferred category only

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 1.2

Context: 1.7

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-45)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Gold grade is low for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 0.1

Context: 1.7

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-acquisition-of-high-grade-cu-au-ag-project--d1142442-18d7-405c-8ea5-e0caa04bd40a#fact-resource-facts-46)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the inferred category only

- Negative factor: Silver grade is low for an inferred resource

- Negative factor: Historical estimate, not new to this announcement

Evidence · table

> 14

Context: 1.7

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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.
