# NYM: Investor Presentation - Redhill Copper Project Acquisition

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142079

Publisher: asx

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

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T00:35:58.685Z

Atlas analysis updated: 2026-09-22T00:35:58.685Z

- Company: Narryer Metals Limited

- Ticker: NYM

- Exchange: ASX

- Region: Chile

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Lead, Zinc

- Document categories: Drill results, Agreement transaction, Resource update

- Extracted: 2026-09-22 00:35:59 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Narryer Metals Limited is acquiring the Redhill Copper Project in Chile, a high-grade copper and precious metals opportunity. The acquisition includes an existing 4.3 Mt Inferred Mineral Resource at 1.7% Cu, 0.3 g/t Au, and 33 g/t Ag, along with a substantial JORC Exploration Target of 16-49 Mt at 1.2-2.6% Cu. The transaction is supported by a strategic investment from 29Metals and aims to advance the project through further exploration and resource growth.

Reasoning: Narryer Metals is acquiring a copper project in Chile with an existing Inferred Resource and a large Exploration Target, backed by a strategic investor. While the resource is early-stage \(Inferred\), the acquisition provides significant growth potential in a favorable jurisdiction, supported by historical production and recent positive exploration results.

- Positive factor: Acquisition of a high-grade copper project in a mining-friendly jurisdiction

- Positive factor: Existing JORC Inferred Mineral Resource provides a strong base

- Positive factor: Significant JORC Exploration Target indicates substantial upside potential

- Positive factor: Strategic investment from 29Metals provides validation and funding

- Positive factor: Historical high-grade production and recent fieldwork confirm prospectivity

- Negative factor: Mineral Resource is entirely in the Inferred category, limiting engineering confidence

- Negative factor: Exploration Target is conceptual and requires significant further work to convert to resources

- Negative factor: Many drill results presented are historical, reducing novelty of the data itself

Facts used in scoring: 44

## Classification and evidence

**JORC Compliant**

Polarity: positive

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

Why it applies: The Mineral Resources estimate and Exploration Target are stated to be JORC compliant.

Evidence · text

> JORC Exploration Target

**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 Competent Person, has consented to the inclusion of information in the Public Report.

Evidence · text

> Dr Gavin England, a Competent Person who is a member of the Australian Institute of Mining and Metallurgy and the Australian Institute of Geosciences. Dr England is the Technical Director of Narryer Minerals Limited.

**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 Mineral Resource is entirely classified as Inferred.

Evidence · text

> Existing Inferred Mineral Resource

**All Inferred**

Polarity: negative

Definition: 100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The entire 4.3Mt Mineral Resource is in the Inferred category.

Evidence · text

> Total Inferred 4.3

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The Mineral Resource estimate is extracted from 29 Metals announcements dated 2021 and 2026, and drill results are from 2022 and 2016, indicating historical data being re-presented.

Evidence · text

> Information in this Presentation 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: negative

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

Why it applies: Metal equivalent grades are reported for the Exploration Target with full disclosure of prices, recoveries, and formula.

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 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.

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: The Exploration Target of 16-49Mt is significantly larger than the existing 4.3Mt Inferred Resource, indicating potential for substantial tonnage growth.

Evidence · text

> 16-49Mt2 @1.2-2.6% Cu, 0.4-0.4g/t Au and 34-55g/t Ag \(1.8 – 3.3% CuEq\)\# JORC Exploration Target\*

## Extracted facts

Stored fact records: 29. Some facts used in scoring do not have a stored record.

## Drill Results (26)

### ZDD011

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-3)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD011
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 1.87
- Grade Unit: %
- Intercept: 3 m
- From: 41.1 m
- To: 44.1 m
- Intercept Depth: 41.1 m

#### Classification

- Sample Type: drill
- Group ID: ZDD011:41.1-44.1

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD011 returned a good copper grade over a moderate length, supporting the potential for vein extensions at Cutters Mine.

- Positive factor: Good copper grade

- Positive factor: Intercept contributes to understanding of vein extensions

- Negative factor: Intercept length is moderate

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 1.87

Context: 3.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD011

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-4)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD011
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 48
- Grade Unit: g/t
- Intercept: 3 m
- From: 41.1 m
- To: 44.1 m
- Intercept Depth: 41.1 m

#### Classification

- Sample Type: drill
- Group ID: ZDD011:41.1-44.1

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD011 also showed a significant silver credit, enhancing the overall value of the intercept.

- Positive factor: Significant silver credit

- Negative factor: Intercept length is moderate

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 48

Context: 3.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD013

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-5)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD013
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 5.2
- Grade Unit: %
- Intercept: 1 m
- From: 23.9 m
- To: 24.9 m
- Intercept Depth: 23.9 m

#### Classification

- Sample Type: drill
- Group ID: ZDD013:23.9-24.9

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD013 returned a very high copper grade, matching historical production grades and indicating bonanza-grade potential over a narrow interval.

- Positive factor: Very high copper grade

- Positive factor: Matches historical high-grade production

- Negative factor: Intercept length is narrow

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 5.2

Context: 1.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD013

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-6)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD013
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 160
- Grade Unit: g/t
- Intercept: 1 m
- From: 23.9 m
- To: 24.9 m
- Intercept Depth: 23.9 m

#### Classification

- Sample Type: drill
- Group ID: ZDD013:23.9-24.9

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD013 also showed a very high silver grade, further enhancing the bonanza-grade potential of this narrow intercept.

- Positive factor: Very high silver grade

- Negative factor: Intercept length is narrow

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 160

Context: 1.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD014

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-7)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD014
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 2.6
- Grade Unit: %
- Intercept: 4.9 m
- From: 103.7 m
- To: 108.6 m
- Intercept Depth: 103.7 m

#### Classification

- Sample Type: drill
- Group ID: ZDD014:103.7-108.6

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD014 returned a good copper grade over a moderate length, indicating consistent mineralization at depth.

- Positive factor: Good copper grade

- Positive factor: Moderate intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 2.6

Context: 4.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD014

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-8)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD014
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 48
- Grade Unit: g/t
- Intercept: 4.9 m
- From: 103.7 m
- To: 108.6 m
- Intercept Depth: 103.7 m

#### Classification

- Sample Type: drill
- Group ID: ZDD014:103.7-108.6

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD014 also showed a significant silver credit, adding to the overall value of the intercept.

- Positive factor: Significant silver credit

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 48

Context: 4.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD005

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-11)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD005
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 5.5 m
- From: 116 m
- To: 121.5 m
- Intercept Depth: 116 m

#### Classification

- Sample Type: drill
- Group ID: ZDD005:116-121.5

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD005 from Cristina returned a good copper grade over a moderate length, indicating consistent mineralization.

- Positive factor: Good copper grade

- Positive factor: Moderate intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · text

> 5.5m @ 2% Cu, 66 g/t Ag from 116m \(drillhole ZDD005\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD005

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-12)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD005
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 66
- Grade Unit: g/t
- Intercept: 5.5 m
- From: 116 m
- To: 121.5 m
- Intercept Depth: 116 m

#### Classification

- Sample Type: drill
- Group ID: ZDD005:116-121.5

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD005 also showed a significant silver credit, adding to the overall value of the intercept.

- Positive factor: Significant silver credit

- Negative factor: Result is historical, reducing novelty

Evidence · text

> 5.5m @ 2% Cu, 66 g/t Ag from 116m \(drillhole ZDD005\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-15)

Redhill · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD007
- Project: Redhill
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 2.52
- Grade Unit: g/t
- Intercept: 4.26 m
- From: 24.6 m
- To: 28.86 m
- Intercept Depth: 24.6 m

#### Classification

- Sample Type: drill
- Group ID: ZDD007:24.6-28.86

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD007 from Gorda returned a high gold grade over a moderate length, indicating strong gold mineralization.

- Positive factor: High gold grade

- Positive factor: Moderate intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · text

> 4.26m @ 2.52 g/t Au, 63 g/t Ag from 24.6m \(drillhole ZDD007\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-16)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD007
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 63
- Grade Unit: g/t
- Intercept: 4.26 m
- From: 24.6 m
- To: 28.86 m
- Intercept Depth: 24.6 m

#### Classification

- Sample Type: drill
- Group ID: ZDD007:24.6-28.86

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-09-22T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD007 also showed a significant silver credit, adding to the overall value of the intercept.

- Positive factor: Significant silver credit

- Negative factor: Result is historical, reducing novelty

Evidence · text

> 4.26m @ 2.52 g/t Au, 63 g/t Ag from 24.6m \(drillhole ZDD007\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD024

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-28)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD024
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 2.76
- Grade Unit: %
- Intercept: 9.72 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD024 from Franceses returned a high copper grade over a good length, indicating strong mineralization.

- Positive factor: High copper grade

- Positive factor: Good intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 2.76

Context: 9.72

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD024

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-29)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD024
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 30
- Grade Unit: g/t
- Intercept: 9.72 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD024 also showed a moderate silver credit, adding to the overall value of the intercept.

- Positive factor: Moderate silver credit

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 30

Context: 9.72

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD024

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-30)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD024
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 8.2
- Grade Unit: %
- Intercept: 3 m
- From: 11 m
- To: 14 m
- Intercept Depth: 11 m

#### Classification

- Sample Type: drill
- Group ID: ZDD024:11-14

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: A high-grade sub-interval within ZDD024 demonstrates exceptional copper potential, significantly enhancing the overall intercept.

- Positive factor: Exceptional copper grade

- Positive factor: Good intercept length for a sub-interval

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 8.2

Context: 3m @ 8.2% Cu, 86 g/t Ag from 11m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD024

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-31)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD024
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 86
- Grade Unit: g/t
- Intercept: 3 m
- From: 11 m
- To: 14 m
- Intercept Depth: 11 m

#### Classification

- Sample Type: drill
- Group ID: ZDD024:11-14

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The high-grade sub-interval within ZDD024 also includes a very high silver credit, adding to its overall value.

- Positive factor: Very high silver grade

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 86

Context: 3m @ 8.2% Cu, 86 g/t Ag from 11m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD025

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-32)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD025
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 1.2
- Grade Unit: %
- Intercept: 20.6 m
- From: 15.9 m
- To: 36.5 m
- Intercept Depth: 15.9 m

#### Classification

- Sample Type: drill
- Group ID: ZDD025:15.9-36.5

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD025 from Franceses returned a good copper grade over a very long length, indicating significant broad mineralization.

- Positive factor: Good copper grade

- Positive factor: Very long intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 1.2

Context: 20.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD025

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-33)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD025
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 11
- Grade Unit: g/t
- Intercept: 20.6 m
- From: 15.9 m
- To: 36.5 m
- Intercept Depth: 15.9 m

#### Classification

- Sample Type: drill
- Group ID: ZDD025:15.9-36.5

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD025 also showed a low silver credit, but the overall length and copper grade are more significant.

- Negative factor: Silver grade is low

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 11

Context: 20.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD023

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-34)

Redhill · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD023
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 0.9
- Grade Unit: %
- Intercept: 35 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD023 from Franceses returned a good copper grade over an exceptional length, indicating very significant broad mineralization.

- Positive factor: Good copper grade

- Positive factor: Exceptional intercept length

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 0.9

Context: 35.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### ZDD023

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-35)

Redhill · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ZDD023
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 10
- Grade Unit: g/t
- Intercept: 35 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2016-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Drillhole ZDD023 also showed a low silver credit, but the overall length and copper grade are more significant.

- Negative factor: Silver grade is low

- Negative factor: Result is historical, reducing novelty

Evidence · table

> 10

Context: 35.0

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel sample RH-57

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-36)

Redhill · copper

#### Identity

- Hole ID: Channel sample RH-57
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 3.3
- Grade Unit: %
- Intercept: 5 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.3 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 16.5 %·m is below \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 3.3 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.3

Context: Channel sample RH-57

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel sample RH-57

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-37)

Redhill · silver

#### Identity

- Hole ID: Channel sample RH-57
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 61
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 61 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 305.0 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 61

Context: Channel sample RH-57

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-70

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-38)

Redhill · copper

#### Identity

- Hole ID: Channel RH-70
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 26.1 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 26.1 %·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 1 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.0

Context: Channel RH-70

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-70

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-39)

Redhill · silver

#### Identity

- Hole ID: Channel RH-70
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 8
- Grade Unit: g/t
- Intercept: 26.1 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 208.8 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 8

Context: Channel RH-70

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-76

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-40)

Redhill · copper

#### Identity

- Hole ID: Channel RH-76
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 2.9
- Grade Unit: %
- Intercept: 15.8 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.9 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 45.8 %·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 2.9 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.9

Context: Channel RH-76

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-76

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-41)

Redhill · silver

#### Identity

- Hole ID: Channel RH-76
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 29
- Grade Unit: g/t
- Intercept: 15.8 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 29 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 458.2 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 29

Context: Channel RH-76

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-71a

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-42)

Redhill · copper

Needs review: ungrounded

#### Identity

- Hole ID: Channel RH-71a
- Project: Redhill
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 1.44
- Grade Unit: %
- Intercept: 4.7 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.44 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 6.8 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 1.44 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.44

Context: Channel RH-71a

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

### Channel RH-71a

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-drill-facts-43)

Redhill · silver

Needs review: ungrounded

#### Identity

- Hole ID: Channel RH-71a
- Project: Redhill
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: NYM

#### Geometry

- Grade: 7.4
- Grade Unit: g/t
- Intercept: 4.7 m

#### Classification

- Sample Type: drill

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 7.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 34.8 g/t·m is below.

- Negative factor: 7.4 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7.4

Context: Channel RH-71a

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

**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: "Drilling shows potential vein extension, located ~600m north of the Cutter Vein working1 2022 short drilling program ~1."

## Resource Estimates (3)

### Total

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-resource-facts-0)

Redhill Copper Project · copper

#### Identity

- Project: Redhill Copper 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:a72ebb3fcf2d4510cebe
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Tonnes: 49000000

#### Prior Estimate

- Resource Date: 2026-09-22

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The high copper equivalent grade for the total Exploration Target highlights its significant combined metal value, with transparent assumptions.

- Positive factor: High metal equivalent grade for the total Exploration Target

- Positive factor: Metal equivalent grade provides a combined value metric

- Positive factor: Assumptions for metal equivalent calculation are disclosed

- Negative factor: Conceptual nature of Exploration Target, not a Mineral Resource

- Negative factor: Requires significant exploration to convert to resource

Evidence · table

> 3.3

Context: 49

#### 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### Total

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-resource-facts-1)

Redhill Copper Project · gold

#### Identity

- Project: Redhill Copper 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:a72ebb3fcf2d4510cebe
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Tonnes: 49000000
- Grade: 0.4
- Grade Unit: g/t
- Contained Metal: 672900
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-22

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The total Exploration Target includes a significant gold credit, adding to the overall value proposition.

- Positive factor: Significant gold credit in the total Exploration Target

- Negative factor: Conceptual nature of Exploration Target, not a Mineral Resource

- Negative factor: Requires significant exploration to convert to resource

Evidence · table

> 0.4

Context: 49

#### 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### Total

[Link to this fact](https://atlas-staging.minestarters.com/news/nym-investor-presentation-redhill-copper-project-acquisition--2655fc61-a6aa-4c35-a5a2-df34edc79caf#fact-resource-facts-2)

Redhill Copper Project · silver

#### Identity

- Project: Redhill Copper 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:a72ebb3fcf2d4510cebe
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Tonnes: 49000000
- Grade: 55
- Grade Unit: g/t
- Contained Metal: 87000
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2026-09-22

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The total Exploration Target provides a very significant silver credit, enhancing the project's precious metals potential.

- Positive factor: Very significant silver credit in the total Exploration Target

- Negative factor: Conceptual nature of Exploration Target, not a Mineral Resource

- Negative factor: Requires significant exploration to convert to resource

Evidence · table

> 55

Context: 49

#### 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## 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.
