OM1: Annual Report to Shareholders
Original announcement by asx on
- Company
- Omnia Metals Group Ltd
- Ticker
- OM1
- Exchange
- ASX
- Region
- Montana, USA
- Primary commodity
- Rare earth elements
- Secondary commodities
- Antimony, Silver, Gallium, Niobium, Copper, Platinum, Nickel, Gold, Lithium, Arsenic
- Document categories
- Drill results, Agreement transaction, Other
- Extracted
- 2026-09-29 14:43:09 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Omnia Metals Group Ltd pivoted its strategy to focus on critical minerals in the US, acquiring the Stibnite Ridge Antimony and Silver Project and staking the Radix REE and Gallium Project in Montana, supported by $3.1 million in capital raises. Initial reconnaissance at Radix identified high-priority REE-Nb targets, while drilling at the Salt Creek Gold Project in Australia returned no significant mineralization. The company also entered a JV for the Corvette Project, which has historical high-grade gold intercepts, and continues to hold an earn-in interest in a Canadian lithium project.
Reasoning: Omnia Metals Group successfully pivoted to a US critical minerals strategy, raising capital and identifying initial REE-Nb targets. However, early drill results from an Australian project were disappointing, and one US project faced tenure challenges, while a Canadian earn-in stalled.
Positive factors
- strategic_shift_to_critical_minerals
- successful_capital_raises
- identification_of_ree_nb_targets
- historical_high_grade_gold_intercepts
Negative factors
- no_significant_mineralization_from_drilling
- tenure_reduction_at_stibnite_ridge
- reconnaissance_scale_results_only
- earn_in_stalled_due_to_market_conditions
Facts used in scoring: 21
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The historical intercept of 3m at 40.3 g/t gold is exceptionally high-grade, well above the deposit-type norm for gold.
Evidence · text
“3m @ 40.3g/t Au from 97m (CVRC088)”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The document re-announces historical drill results from the Corvette Project in the context of a new joint venture, with no new assays or reinterpretation.
Evidence · text
“Historical drilling at Corvette returned significant gold intercepts including: • 3m @ 40.3g/t Au from 97m (CVRC088); • 3m @ 4.62g/t Au from 122m (CVRC078); and • 3m @ 3.02g/t Au from 66m (CVRC073).”
No Significant Mineralizationnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Assay results from the Salt Creek drilling program returned gold values at or near background levels, with base metal results generally low and not indicative of economic mineralisation.
Evidence · text
“Assay results, announced on 13 October 2025, returned gold values at or near background levels, with base metal results (Cu, Zn, Ni, Co) generally low and not indicative of economic mineralisation, and pathfinder elements below detection limits in most samples.”
Exploration Drillingneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The Radix and Stibnite Ridge programs are described as 'Maiden First-Pass Field Program' and 'reconnaissance-scale', indicating early-stage exploration.
Evidence · text
“During the year, Omnia completed a first-pass geochemical and geological reconnaissance program across the Company’s 80-claim Radix landholding”
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Arsenic is reported at 40.6 ppm in reconnaissance samples from Stibnite Ridge, which is a known penalty element.
Evidence · table
“40.6 ppm”
Context: PN0001175801
Tenure Reductionnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The company elected not to contest competing third-party claims at Stibnite Ridge, reducing its claim block.
Evidence · text
“A subsequent tenure review identified competing third-party lode claims located by a separate company over part of the proposed block. Based on the site visit observations and the first-pass reconnaissance results, the Company has elected not to contest the competing third-party claim locations and to focus on the more prospective claims retained by Omnia.”
Capital Raisepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company announced and completed two placements totaling over $3 million to fund its operations and strategic initiatives.
Evidence · text
“On 23 October 2025, the Company announced a $1.58 million placement... On 23 April 2026, the Company completed a further placement, issuing 75,054,176 fully paid ordinary shares at an issue price of $0.02 per share to raise $1,501,084”
Stale Estimatenegative · Story-specific tag
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The earn-in agreement for the Lac des Montagnes Project is stalled due to market conditions, and no field activities were undertaken during the year, indicating a lack of progress on this asset.
Evidence · text
“Due to the deflated lithium market, Stages 4 and 5 have not occurred. As the Company has the right to walk away, there is no liability recognised for 4 and 5. In the event that the lithium market improves the Company will look to take up Stage 4 and 5.”
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Drill Results (20)
CVRC088Corvette · goldGrade: 40.3Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- CVRC088
- Project
- Corvette
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- OM1
Geometry
- Grade
- 40.3
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 97 m
- To
- 100 m
- Intercept Depth
- 97 m
Classification
- Sample Type
- drill
- Group ID
- CVRC088:97-100
QA/QC
- QA/QC Disclosed
- 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
- 2025-08-07T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This historical intercept of 3m at 40.3 g/t gold is exceptionally high-grade, indicating significant gold mineralization.
Positive factors
- bonanza_intercept
Negative factors
- historical_data
Evidence · text
“3m @ 40.3g/t Au from 97m (CVRC088)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
CVRC078Corvette · goldGrade: 4.62Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- CVRC078
- Project
- Corvette
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- OM1
Geometry
- Grade
- 4.62
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 122 m
- To
- 125 m
- Intercept Depth
- 122 m
Classification
- Sample Type
- drill
- Group ID
- CVRC078:122-125
QA/QC
- QA/QC Disclosed
- 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
- 2025-08-07T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This historical intercept of 3m at 4.62 g/t gold is a strong result, indicating good gold mineralization.
Positive factors
- high_grade_intercept
Negative factors
- historical_data
Evidence · text
“3m @ 4.62g/t Au from 122m (CVRC078)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
CVRC073Corvette · goldGrade: 3.02Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- CVRC073
- Project
- Corvette
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- OM1
Geometry
- Grade
- 3.02
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 66 m
- To
- 69 m
- Intercept Depth
- 66 m
Classification
- Sample Type
- drill
- Group ID
- CVRC073:66-69
QA/QC
- QA/QC Disclosed
- 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
- 2025-08-07T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This historical intercept of 3m at 3.02 g/t gold is a moderate result, indicating gold mineralization.
Positive factors
- moderate_grade_intercept
Negative factors
- historical_data
Evidence · text
“3m @ 3.02g/t Au from 66m (CVRC073)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 4Salt Creek ProjectNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Salt Creek Project
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- OM1
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Drilling returned gold values at or near background levels and base metal results were generally low, not indicative of economic mineralisation.
Negative factors
- no_significant_mineralization
Evidence · text
“Assay results, announced on 13 October 2025, returned gold values at or near background levels, with base metal results (Cu, Zn, Ni, Co) generally low and not indicative of economic mineralisation, and pathfinder elements below detection limits in most samples.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5Ord Basin Project · copperGrade: 10.3Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ord Basin Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- OM1
Geometry
- Grade
- 10.3
- Grade Unit
- %
Classification
- Sample Type
- surface
Location
- Location
- Caves Prospect
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-03-30T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High-grade copper rock chip sample from the Caves Prospect, though historical and reconnaissance-scale.
Positive factors
- high_grade_intercept
Negative factors
- historical_data
- reconnaissance_scale
Evidence · text
“high-grade copper-silver rock chip results from the Caves Prospect, including assays of up to 10.3% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 6Ord Basin Project · silverGrade: 29Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ord Basin Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- OM1
Geometry
- Grade
- 29
- Grade Unit
- g/t
Classification
- Sample Type
- surface
Location
- Location
- Caves Prospect
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-03-30T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High-grade silver rock chip sample from the Caves Prospect, though historical and reconnaissance-scale.
Positive factors
- high_grade_intercept
Negative factors
- historical_data
- reconnaissance_scale
Evidence · text
“and 29 g/t Ag”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 7Radix REE and Gallium Sheep Creek Project · neodymium_praseodymiumGrade: 146.5Grade Unit: ppmView all detailsHide details
Identity
- Project
- Radix REE and Gallium Sheep Creek Project
- Commodity
- neodymium_praseodymium
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 146.5
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175837
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported Nd + Pr result from maiden first-pass reconnaissance sampling, indicating a new target for follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“146.50 ppm”
Context: PN0001175837
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 8Radix REE and Gallium Sheep Creek Project · rare_earth_elements_yttriumGrade: 560.43Grade Unit: ppmView all detailsHide details
Identity
- Project
- Radix REE and Gallium Sheep Creek Project
- Commodity
- rare_earth_elements_yttrium
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 560.43
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175837
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported TREE + Y result from maiden first-pass reconnaissance sampling, indicating a new target for follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“560.43 ppm”
Context: PN0001175837
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 9Radix REE and Gallium Sheep Creek Project · heavy_rare_earth_elements_yttriumGrade: 142.68Grade Unit: ppmView all detailsHide details
Identity
- Project
- Radix REE and Gallium Sheep Creek Project
- Commodity
- heavy_rare_earth_elements_yttrium
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 142.68
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175837
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported HREE + Y result from maiden first-pass reconnaissance sampling, indicating a new target for follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“142.68 ppm”
Context: PN0001175837
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 10Radix REE and Gallium Sheep Creek Project · niobiumGrade: 209Grade Unit: ppmView all detailsHide details
Identity
- Project
- Radix REE and Gallium Sheep Creek Project
- Commodity
- niobium
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 209
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- R017
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported niobium result from maiden first-pass reconnaissance sampling, warranting follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“209.00 ppm”
Context: R017
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 11Stibnite Ridge Thompson Falls Antimony and Silver Project · antimonyGrade: 16Grade Unit: ppmView all detailsHide details
Identity
- Project
- Stibnite Ridge Thompson Falls Antimony and Silver Project
- Commodity
- antimony
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 16
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175801
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported antimony result from maiden first-pass reconnaissance sampling, indicating a new target for follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“16.0 ppm”
Context: PN0001175801
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 12Stibnite Ridge Thompson Falls Antimony and Silver Project · arsenicGrade: 40.6Grade Unit: ppmView all detailsHide details
Identity
- Project
- Stibnite Ridge Thompson Falls Antimony and Silver Project
- Commodity
- arsenic
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 40.6
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175801
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported arsenic result from maiden first-pass reconnaissance sampling, which is a deleterious element.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
- deleterious_elements_present
Evidence · table
“40.6 ppm”
Context: PN0001175801
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 13Stibnite Ridge Thompson Falls Antimony and Silver Project · silverGrade: 0.082Grade Unit: ppmView all detailsHide details
Identity
- Project
- Stibnite Ridge Thompson Falls Antimony and Silver Project
- Commodity
- silver
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Geometry
- Grade
- 0.082
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- PN0001175819
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Highest reported silver result from maiden first-pass reconnaissance sampling, indicating a new target for follow-up.
Positive factors
- new_target_identified
Negative factors
- reconnaissance_scale_results
Evidence · table
“0.082 ppm”
Context: PN0001175819
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 14Stibnite Ridge Thompson Falls Antimony and Silver ProjectView all detailsHide details
Identity
- Project
- Stibnite Ridge Thompson Falls Antimony and Silver Project
- Region
- usa_mt
- Reported Region
- Montana, USA
- Ticker
- OM1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Acquisition of 100% interest in American Antimony Metals LLC, securing the Stibnite Ridge Project and exposure to critical minerals in the US.
Positive factors
- strategic_acquisition
- exposure_to_critical_minerals
Evidence · text
“binding agreement to acquire the Stibnite Ridge Thompson Falls Antimony and Silver Project and the direct staking of the Radix REE and Gallium Sheep Creek Project, both in Montana, USA. ... Consideration for the acquisition of American Antimony Metals LLC comprised 25,000,000 fully paid ordinary shares (at a deemed issue price of $0.02 per share)... The consideration shares were issued on 24 July 2026, completing the acquisition.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 15Lac des Montagnes ProjectView all detailsHide details
Identity
- Project
- Lac des Montagnes Project
- Region
- canada_qc
- Reported Region
- Québec, Canada
- Ticker
- OM1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The earn-in agreement for the Lac des Montagnes Project is stalled due to the deflated lithium market, with no field activities undertaken during the year.
Negative factors
- earn_in_stalled
- no_field_activities
Evidence · text
“The Company retains a 25% beneficial interest in the Lac des Montagnes Project in Québec, Canada under an earn-in arrangement. No field activities were undertaken at the Project during the year... Due to the deflated lithium market, Stages 4 and 5 have not occurred.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 16View all detailsHide details
Identity
- Ticker
- OM1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Successfully completed a $1.58 million placement to fund the company's critical minerals strategy and operations.
Positive factors
- capital_secured
- funding_for_strategic_initiatives
Evidence · text
“On 23 October 2025, the Company announced a $1.58 million placement to sophisticated and professional investors at an issue price of $0.02 per share... Tranche 1 raised $1.08 million, with shares issued on 29 October 2025... Tranche 2 raised $0.50 million... issued on 24 December 2025.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 17View all detailsHide details
Identity
- Ticker
- OM1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Successfully completed a further $1.5 million placement to fund the company's critical minerals strategy and operations.
Positive factors
- capital_secured
- funding_for_strategic_initiatives
Evidence · text
“On 23 April 2026, the Company completed a further placement, issuing 75,054,176 fully paid ordinary shares at an issue price of $0.02 per share to raise $1,501,084 (before costs).”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 18Grade Unit: AUDView all detailsHide details
Identity
- Ticker
- OM1
Geometry
- Grade Unit
- AUD
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The company reported an increased net loss for the year, reflecting ongoing exploration expenditures without revenue generation.
Negative factors
- increased_loss_year_on_year
Evidence · text
“For the year ended 30 June 2026 Omnia made a loss of $1,121,152 (2025: $716,164)”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 19Grade Unit: AUDView all detailsHide details
Identity
- Ticker
- OM1
Geometry
- Grade Unit
- AUD
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The company experienced negative cash outflows from operating activities, typical for an exploration company.
Negative factors
- negative_operating_cash_flow
Evidence · text
“and had cash outflows from operating activities of $921,661 (2025: $554,164).”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 20Grade Unit: AUDView all detailsHide details
Identity
- Ticker
- OM1
Geometry
- Grade Unit
- AUD
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The company maintains a strong cash position, providing funding for ongoing exploration and operations.
Positive factors
- strong_cash_position
Evidence · text
“Cash and cash equivalents at the end of the year 2,597,778”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.