PNR: Annual Mineral Resource & Ore Reserve Statement
Original announcement by asx on
- Company
- Pantoro Gold Limited
- Ticker
- PNR
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-09-29 18:40:24 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Pantoro Gold Limited announced its annual Mineral Resource and Ore Reserve statement for the Norseman Project, reporting a 2% increase in total Mineral Resources to 43.1 Mt at 3.4 g/t Au for 4.7 Moz, and a 9% increase in total Ore Reserves to 13.0 Mt at 2.2 g/t Au for 0.9 Moz, both after mining depletion. Key updates include maiden Ore Reserves in the Mainfield Mining Centre and a maiden Mineral Resource at Hinemoa, with all estimates compliant with JORC 2012 standards.
Reasoning: Pantoro Gold Limited reports a significant annual increase in both total Mineral Resources (2%) and Ore Reserves (9%) for its Norseman Project, even after accounting for mining depletion. This growth is driven by successful growth drilling programs, leading to maiden Ore Reserves in the Mainfield Mining Centre (Crown and Mararoa Reefs) and a maiden Mineral Resource at Hinemoa. The estimates are JORC 2012 compliant, indicating high confidence in the reported figures.
Positive factors
- Overall Mineral Resource and Ore Reserve growth after mining depletion
- Maiden Ore Reserves declared for Crown Reef and Mararoa Reef areas in Mainfield Mining Centre
- Maiden Mineral Resource for Hinemoa deposit
- Maiden Ore Reserve for Lord Percy deposit
- Significant upgrades to Mineral Resource in key areas like Crown and Mararoa reefs
- All estimates are JORC 2012 compliant and reviewed by Competent Persons
Negative factors
- Some individual deposits show decreases in ounces after mining depletion
- Maiden Mineral Resource and Ore Reserve for Racetrack is not expected until 2027, indicating future potential but not current results
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 103
Classification and evidence
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: All Mineral Resources and Ore Reserves were compiled in accordance with JORC 2012.
Evidence · text
“All Mineral Resources were compiled in accordance with the requirements of JORC 2012 by Pantoro geologists under the supervision and review of the Competent Person.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: All Mineral Resources and Ore Reserves were compiled under the supervision and review of the Competent Person.
Evidence · text
“All Mineral Resources were compiled in accordance with the requirements of JORC 2012 by Pantoro geologists under the supervision and review of the Competent Person.”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Total Mineral Resource and Ore Reserve have increased by approximately 2% and 9% respectively after mining depletion.
Evidence · text
“Year on year, the total Mineral Resource and Ore Reserve have increased by approximately 2% and 9% respectively after mining depletion.”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: Total Mineral Resource and Ore Reserve have increased by approximately 2% and 9% respectively after mining depletion, indicating growth in contained metal.
Evidence · text
“Year on year, the total Mineral Resource and Ore Reserve have increased by approximately 2% and 9% respectively after mining depletion.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: A maiden Mineral Resource at Hinemoa has been estimated.
Evidence · text
“A maiden Mineral Resource at Hinemoa has been estimated following additional surface drilling which is 603,000 tonnes @ 1.9 g/t for 37,000 ounces.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: Maiden Ore Reserves have been calculated in the Crown Reef, and in the Phoenix and Butterfly areas of the Mararoa Reef.
Evidence · text
“Maiden Ore Reserves have been calculated in the Crown Reef, and in the Phoenix and Butterfly areas of the Mararoa Reef.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The Ore Reserve at Maybell includes a maiden Ore Reserve for the Lord Percy deposit.
Evidence · text
“The Ore Reserve at Maybell includes a maiden Ore Reserve for the Lord Percy deposit.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document is an Annual Mineral Resource and Ore Reserve Statement, indicating a routine update.
Evidence · text
“Annual Mineral Resource and Ore Reserve Statement”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The total Mineral Resource includes 20,066 kT at 3.5 g/t Au for 2,257 kOz in the Inferred category.
Evidence · table
“20,066”
Context: 20,066
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Extended zones of mineralisation remain in the Inferred category at Scotia Mining Centre.
Evidence · text
“Extended zones of mineralisation remain in the Inferred category and will be infill drilled in conjunction with extensional drilling during FY27 for ongoing conversion to Ore Reserves.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cut-off grades are disclosed for both open pit (0.5 – 0.70 g/t) and underground (2.0 g/t) Mineral Resources.
Evidence · text
“All Open Pits (0.5 – 0.70 g/t cut-off applied), All Underground Mines (2.0 g/t cut-off applied).”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cut-off grades are disclosed for Norseman Underground (2.5 g/t for stoping, 1.9g/t for Scotia, 1.0 g/t for development) and Open Pits (0.75 - 0.85 g/t) Ore Reserves.
Evidence · text
“Norseman Underground (2.5 g/t cut-off grade applied to stoping, 1.9g/t for Scotia, 1.0 g/t cut-off grade applied to development necessarily mined to access stope block). Open Pits (0.75 - 0.85 g/t cut-off grade applied).”
Extracted facts
Stored fact records: 103. Some facts used in scoring do not have a stored record.
Resource Estimates (103)
measuredNorseman Gold Project · goldTonnes: 5211000Grade: 2.2Grade Unit: g/tContained Metal: 365Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5f716ecb803067b2660a
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 5211000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 365
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Measured Mineral Resource contributes to the overall project's high-confidence inventory, supporting future mine planning.
Positive factors
- High confidence Measured category
- Part of overall resource growth
Evidence · table
“2.2”
Context: 5,211
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 17878000Grade: 3.6Grade Unit: g/tContained Metal: 2063Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b115b9d2fec15b9093ab
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 17878000
- Grade
- 3.6
- Grade Unit
- g/t
- Contained Metal
- 2063
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Indicated Mineral Resource represents a substantial portion of the project's inventory, providing a strong base for economic studies.
Positive factors
- High confidence Indicated category
- Significant contribution to overall resource growth
Evidence · table
“3.6”
Context: 17,878
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 20066000Grade: 3.5Grade Unit: g/tContained Metal: 2257Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:48bfb2a6bd49608c2fa8
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 20066000
- Grade
- 3.5
- Grade Unit
- g/t
- Contained Metal
- 2257
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The substantial Inferred Mineral Resource highlights future growth potential, though it requires further drilling to upgrade confidence.
Positive factors
- Large Inferred resource indicates significant exploration upside
- Contributes to overall resource growth
Evidence · table
“3.5”
Context: 20,066
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Norseman Gold ProjectNorseman Gold Project · goldTonnes: 43155000Grade: 3.4Grade Unit: g/tContained Metal: 4685Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:92bcc2be0891a3b1b688
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Tonnes
- 43155000
- Grade
- 3.4
- Grade Unit
- g/t
- Contained Metal
- 4685
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Mineral Resource demonstrates substantial gold endowment at the Norseman Project, showing growth year-on-year.
Positive factors
- Significant total Mineral Resource
- Overall growth after mining depletion
Evidence · table
“3.4”
Context: 43,155
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 801000Grade: 9.5Grade Unit: g/tContained Metal: 246Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:43fff381e08317f86b0f
- Deposit or zone
- Total Underground
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 801000
- Grade
- 9.5
- Grade Unit
- g/t
- Contained Metal
- 246
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Measured Underground Mineral Resource provides a high-confidence, high-grade component for ongoing underground operations.
Positive factors
- High-grade Measured resource for underground operations
- Strong confidence for mine planning
Evidence · table
“9.5”
Context: 801
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 3715000Grade: 10.5Grade Unit: g/tContained Metal: 1251Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c17713b0fe31f6fe65e6
- Deposit or zone
- Total Underground
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 3715000
- Grade
- 10.5
- Grade Unit
- g/t
- Contained Metal
- 1251
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Indicated Underground Mineral Resource provides a substantial high-grade inventory for future underground development.
Positive factors
- High-grade Indicated resource for underground operations
- Good confidence for economic studies
Evidence · table
“10.5”
Context: 3,715
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 3763000Grade: 8.8Grade Unit: g/tContained Metal: 1064Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:711fb3384798cc19d2f7
- Deposit or zone
- Total Underground
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 3763000
- Grade
- 8.8
- Grade Unit
- g/t
- Contained Metal
- 1064
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Inferred Underground Mineral Resource suggests further high-grade potential, requiring additional drilling for conversion.
Positive factors
- Significant Inferred resource for underground operations
- Indicates future growth potential at depth
Evidence · table
“8.8”
Context: 3,763
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Total UndergroundNorseman Gold Project · goldTonnes: 8279000Grade: 9.6Grade Unit: g/tContained Metal: 2561Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:01bd565e390ade8dcfe7
- Deposit or zone
- Total Underground
- Mining method
- combined
Resource Data
- Tonnes
- 8279000
- Grade
- 9.6
- Grade Unit
- g/t
- Contained Metal
- 2561
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total underground Mineral Resource demonstrates a significant high-grade inventory, crucial for the project's underground operations.
Positive factors
- Substantial high-grade total underground resource
- Supports long-term underground mining plans
Evidence · table
“9.6”
Context: 8,279
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 245000Grade: 2.5Grade Unit: g/tContained Metal: 20Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5028816101c808217e6e
- Deposit or zone
- Total Surface South
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 245000
- Grade
- 2.5
- Grade Unit
- g/t
- Contained Metal
- 20
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Measured Surface South Mineral Resource provides a high-confidence, albeit smaller, component for surface mining.
Positive factors
- High confidence Measured resource for surface operations
Evidence · table
“2.5”
Context: 245
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 9667000Grade: 1.7Grade Unit: g/tContained Metal: 522Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:117abfe0d7d2b7c0939a
- Deposit or zone
- Total Surface South
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 9667000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 522
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Indicated Surface South Mineral Resource provides a substantial inventory for future surface mining operations.
Positive factors
- Significant Indicated resource for surface operations
- Good confidence for economic studies
Evidence · table
“1.7”
Context: 9,667
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 12335000Grade: 2.2Grade Unit: g/tContained Metal: 891Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:429488d59f29c79dd978
- Deposit or zone
- Total Surface South
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 12335000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 891
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Inferred Surface South Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Large Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“2.2”
Context: 12,335
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Total Surface SouthNorseman Gold Project · goldTonnes: 22247000Grade: 2Grade Unit: g/tContained Metal: 1433Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:271a9e1427579696eed3
- Deposit or zone
- Total Surface South
- Mining method
- combined
Resource Data
- Tonnes
- 22247000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 1433
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface South Mineral Resource provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource in the South area
- Supports long-term open pit mining plans
Evidence · table
“2.0”
Context: 22,247
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 4165000Grade: 0.7Grade Unit: g/tContained Metal: 100Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e520b92ecd919d07ca37
- Deposit or zone
- Total Surface North
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 4165000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Measured Surface North Mineral Resource provides a high-confidence component for surface mining, albeit at a lower grade.
Positive factors
- High confidence Measured resource for surface operations
Evidence · table
“0.7”
Context: 4,165
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 4496000Grade: 2Grade Unit: g/tContained Metal: 290Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d9cc705eaf957e544fbb
- Deposit or zone
- Total Surface North
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 4496000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 290
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Indicated Surface North Mineral Resource provides a substantial inventory for future surface mining operations.
Positive factors
- Significant Indicated resource for surface operations
- Good confidence for economic studies
Evidence · table
“2.0”
Context: 4,496
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 3967000Grade: 2.4Grade Unit: g/tContained Metal: 302Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b4c912b166eec488a443
- Deposit or zone
- Total Surface North
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 3967000
- Grade
- 2.4
- Grade Unit
- g/t
- Contained Metal
- 302
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Inferred Surface North Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Large Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“2.4”
Context: 3,967
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Total Surface NorthNorseman Gold Project · goldTonnes: 12629000Grade: 1.7Grade Unit: g/tContained Metal: 692Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d62376816cf9d5878745
- Deposit or zone
- Total Surface North
- Mining method
- combined
Resource Data
- Tonnes
- 12629000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 692
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface North Mineral Resource provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource in the North area
- Supports long-term open pit mining plans
Evidence · table
“1.7”
Context: 12,629
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 223000Grade: 14.8Grade Unit: g/tContained Metal: 106Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b161e4851a5ca81e1d44
- Deposit or zone
- OK Underground
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- measured
- Tonnes
- 223000
- Grade
- 14.8
- Grade Unit
- g/t
- Contained Metal
- 106
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-07-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Measured Mineral Resource is a high-grade, high-confidence component, updated with recent data to support ongoing operations.
Positive factors
- High-grade Measured resource for underground operations
- Strong confidence for mine planning
- Updated with recent drilling and face sampling data
Evidence · table
“14.8”
Context: 223
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 354000Grade: 8.9Grade Unit: g/tContained Metal: 101Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:bc15ec1f85118e75239f
- Deposit or zone
- OK Underground
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- indicated
- Tonnes
- 354000
- Grade
- 8.9
- Grade Unit
- g/t
- Contained Metal
- 101
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-07-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Indicated Mineral Resource provides a substantial high-grade inventory, updated with recent data for future development.
Positive factors
- High-grade Indicated resource for underground operations
- Good confidence for economic studies
- Updated with recent drilling and face sampling data
Evidence · table
“8.9”
Context: 354
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 176000Grade: 5.5Grade Unit: g/tContained Metal: 31Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:9063a7e2b00bfa1facb3
- Deposit or zone
- OK Underground
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- inferred
- Tonnes
- 176000
- Grade
- 5.5
- Grade Unit
- g/t
- Contained Metal
- 31
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-07-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Inferred Mineral Resource suggests further potential, but requires additional drilling to upgrade confidence.
Positive factors
- Indicates future growth potential at depth
- Updated with recent drilling and face sampling data
Evidence · table
“5.5”
Context: 176
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
OK UndergroundNorseman Gold Project · goldTonnes: 754000Grade: 9.8Grade Unit: g/tContained Metal: 238Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e3680774559769867de5
- Deposit or zone
- OK Underground
- Mining method
- combined
- Material type
- fresh
Resource Data
- Tonnes
- 754000
- Grade
- 9.8
- Grade Unit
- g/t
- Contained Metal
- 238
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-07-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Mineral Resource maintains a high-grade profile, with updates reflecting recent drilling and depletion, showing a slight decrease in ounces.
Positive factors
- High-grade total underground resource for OK
- Updated with recent drilling and face sampling data
- Continued extension in line with mining depletion
Negative factors
- Decrease of 4% in ounces after mining depletion
Evidence · table
“9.8”
Context: 754
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 154000Grade: 11.6Grade Unit: g/tContained Metal: 57Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a208b4668ec140e25db1
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- measured
- Tonnes
- 154000
- Grade
- 11.6
- Grade Unit
- g/t
- Contained Metal
- 57
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-02
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Measured Mineral Resource is a high-grade, high-confidence component, updated with recent data to support ongoing operations.
Positive factors
- High-grade Measured resource for Mainfield underground
- Strong confidence for mine planning
- Updated with recent drilling and face sampling data
Evidence · table
“11.6”
Context: 154
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 1696000Grade: 9.7Grade Unit: g/tContained Metal: 531Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:370792d0fd4c68c6d58a
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- indicated
- Tonnes
- 1696000
- Grade
- 9.7
- Grade Unit
- g/t
- Contained Metal
- 531
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-02
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Indicated Mineral Resource shows significant high-grade growth, particularly in the Crown and Mararoa reefs, supporting future underground development.
Positive factors
- High-grade Indicated resource for Mainfield underground
- Significant upgrades in Crown and Mararoa reefs
- Updated with recent drilling and face sampling data
Evidence · table
“9.7”
Context: 1,696
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 1794000Grade: 6.9Grade Unit: g/tContained Metal: 395Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e7dab8b1b4be7dbefc73
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- inferred
- Tonnes
- 1794000
- Grade
- 6.9
- Grade Unit
- g/t
- Contained Metal
- 395
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-02
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Inferred Mineral Resource suggests further high-grade potential, with updates reflecting recent drilling, requiring additional work for conversion.
Positive factors
- Significant Inferred resource for Mainfield underground
- Indicates future growth potential at depth
- Updated with recent drilling and face sampling data
Evidence · table
“6.9”
Context: 1,794
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Mainfield Mining CentreNorseman Gold Project · goldTonnes: 3644000Grade: 8.4Grade Unit: g/tContained Metal: 983Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d8b6d0dac3f8269e54a9
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Tonnes
- 3644000
- Grade
- 8.4
- Grade Unit
- g/t
- Contained Metal
- 983
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-02
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Mining Centre shows significant growth in its underground Mineral Resource, driven by successful drilling and upgrades in key reefs.
Positive factors
- Substantial high-grade total underground resource for Mainfield
- Highly successful growth program with significant upgrades
- Supports long-term underground mining plans
Evidence · table
“8.4”
Context: 3,644
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 194000Grade: 19.6Grade Unit: g/tContained Metal: 122Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b1e13d2e3bb46eacc6ea
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 194000
- Grade
- 19.6
- Grade Unit
- g/t
- Contained Metal
- 122
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Princess Royal Indicated Mineral Resource is a very high-grade component, providing strong potential for future underground mining.
Positive factors
- Very high-grade Indicated resource for underground operations
- Good confidence for economic studies
Evidence · table
“19.6”
Context: 194
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 1078000Grade: 13.5Grade Unit: g/tContained Metal: 468Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:f5d49319648c110f1f05
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1078000
- Grade
- 13.5
- Grade Unit
- g/t
- Contained Metal
- 468
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Princess Royal Inferred Mineral Resource suggests substantial high-grade potential, requiring additional drilling for conversion.
Positive factors
- Significant high-grade Inferred resource for underground operations
- Indicates future growth potential at depth
Evidence · table
“13.5”
Context: 1,078
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Princess Royal Mining CentreNorseman Gold Project · goldTonnes: 1273000Grade: 14.4Grade Unit: g/tContained Metal: 591Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:acc4dc7240e21e491370
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 1273000
- Grade
- 14.4
- Grade Unit
- g/t
- Contained Metal
- 591
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total underground Mineral Resource for Princess Royal is a significant, very high-grade inventory, crucial for the project's underground operations.
Positive factors
- Substantial very high-grade total underground resource for Princess Royal
- Supports long-term underground mining plans
Evidence · table
“14.4”
Context: 1,273
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 571000Grade: 18.9Grade Unit: g/tContained Metal: 347Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:071115fe352f1c46447d
- Deposit or zone
- Harlequin Underground
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 571000
- Grade
- 18.9
- Grade Unit
- g/t
- Contained Metal
- 347
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Harlequin Indicated Mineral Resource is a very high-grade component, providing strong potential for future underground mining.
Positive factors
- Very high-grade Indicated resource for underground operations
- Good confidence for economic studies
Evidence · table
“18.9”
Context: 571
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 183000Grade: 12.3Grade Unit: g/tContained Metal: 73Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:f7fa4c31171f6c6cce34
- Deposit or zone
- Harlequin Underground
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 183000
- Grade
- 12.3
- Grade Unit
- g/t
- Contained Metal
- 73
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Harlequin Inferred Mineral Resource suggests high-grade potential, requiring additional drilling for conversion.
Positive factors
- High-grade Inferred resource for underground operations
- Indicates future growth potential at depth
Evidence · table
“12.3”
Context: 183
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Harlequin UndergroundNorseman Gold Project · goldTonnes: 754000Grade: 17.3Grade Unit: g/tContained Metal: 419Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fcf95f96f18eecba1c52
- Deposit or zone
- Harlequin Underground
- Mining method
- combined
Resource Data
- Tonnes
- 754000
- Grade
- 17.3
- Grade Unit
- g/t
- Contained Metal
- 419
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total underground Mineral Resource for Harlequin is a significant, very high-grade inventory, crucial for the project's underground operations.
Positive factors
- Substantial very high-grade total underground resource for Harlequin
- Supports long-term underground mining plans
Evidence · table
“17.3”
Context: 754
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 424000Grade: 6Grade Unit: g/tContained Metal: 82Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:4b8bfeadeccac42b02e5
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- measured
- Tonnes
- 424000
- Grade
- 6
- Grade Unit
- g/t
- Contained Metal
- 82
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Measured Mineral Resource is a high-grade, high-confidence component, updated with recent data to support ongoing operations.
Positive factors
- High-grade Measured resource for underground operations
- Strong confidence for mine planning
- Updated with recent drilling data
Evidence · table
“6.0”
Context: 424
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 899000Grade: 5.2Grade Unit: g/tContained Metal: 150Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a7d748788868488e91f5
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- indicated
- Tonnes
- 899000
- Grade
- 5.2
- Grade Unit
- g/t
- Contained Metal
- 150
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Indicated Mineral Resource provides a substantial high-grade inventory, updated with recent data for future development.
Positive factors
- High-grade Indicated resource for underground operations
- Good confidence for economic studies
- Updated with recent drilling data
Evidence · table
“5.2”
Context: 899
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 532000Grade: 5.6Grade Unit: g/tContained Metal: 96Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:55e1d0e044ca85af7d87
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Category
- inferred
- Tonnes
- 532000
- Grade
- 5.6
- Grade Unit
- g/t
- Contained Metal
- 96
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Inferred Mineral Resource suggests further high-grade potential, with updates reflecting recent drilling, requiring additional work for conversion.
Positive factors
- Significant Inferred resource for underground operations
- Indicates future growth potential at depth
- Updated with recent drilling data
Evidence · table
“5.6”
Context: 532
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Scotia Mining CentreNorseman Gold Project · goldTonnes: 1855000Grade: 5.5Grade Unit: g/tContained Metal: 329Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:3b3cd7696a17da16f2b5
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- fresh
Resource Data
- Tonnes
- 1855000
- Grade
- 5.5
- Grade Unit
- g/t
- Contained Metal
- 329
- Contained Unit
- koz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Underground Mineral Resource maintains a significant high-grade inventory, successfully replacing depletion and supporting ongoing operations.
Positive factors
- Substantial high-grade total underground resource for Scotia
- Remains unchanged after mining depletion, indicating successful replacement
- Supports long-term underground mining plans
Evidence · table
“5.5”
Context: 1,855
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 208000Grade: 4.2Grade Unit: g/tContained Metal: 28Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a8fbc4d071dc630eb205
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 208000
- Grade
- 4.2
- Grade Unit
- g/t
- Contained Metal
- 28
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Surface Indicated Mineral Resource provides a good grade component for surface mining.
Positive factors
- Good grade Indicated resource for surface operations
Evidence · table
“4.2”
Context: 208
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 2390000Grade: 5.6Grade Unit: g/tContained Metal: 428Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:2ab3fc375faa1ab7431b
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 2390000
- Grade
- 5.6
- Grade Unit
- g/t
- Contained Metal
- 428
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Surface Inferred Mineral Resource highlights significant high-grade potential for future surface mining, subject to additional drilling.
Positive factors
- Large high-grade Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“5.6”
Context: 2,390
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Mainfield Mining CentreNorseman Gold Project · goldTonnes: 2598000Grade: 5.5Grade Unit: g/tContained Metal: 456Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d57b72be43e1668600bf
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 2598000
- Grade
- 5.5
- Grade Unit
- g/t
- Contained Metal
- 456
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Mainfield is a significant high-grade inventory, crucial for the project's open pit operations.
Positive factors
- Substantial high-grade total surface resource for Mainfield
- Supports long-term open pit mining plans
Evidence · table
“5.5”
Context: 2,598
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 95000Grade: 2.3Grade Unit: g/tContained Metal: 7Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c296cfd52554de6122a7
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- measured
- Tonnes
- 95000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 7
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-04-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Measured Mineral Resource provides a high-confidence component for surface mining, updated with recent data.
Positive factors
- High confidence Measured resource for surface operations
- Updated with additional drilling data
Evidence · table
“2.3”
Context: 95
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 950000Grade: 2.7Grade Unit: g/tContained Metal: 81Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5dc8bfa75b1bad668c83
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 950000
- Grade
- 2.7
- Grade Unit
- g/t
- Contained Metal
- 81
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-04-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Indicated Mineral Resource provides a substantial inventory for future surface mining, updated with recent data.
Positive factors
- Significant Indicated resource for surface operations
- Updated with additional drilling data
Evidence · table
“2.7”
Context: 950
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 599000Grade: 1.7Grade Unit: g/tContained Metal: 32Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c09fe54484d2b20ee73f
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 599000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 32
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-04-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Inferred Mineral Resource suggests further potential for surface mining, updated with recent data, subject to additional drilling.
Positive factors
- Indicates future growth potential
- Updated with additional drilling data
Evidence · table
“1.7”
Context: 599
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Gladstone Mining CentreNorseman Gold Project · goldTonnes: 1645000Grade: 2.3Grade Unit: g/tContained Metal: 120Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:132f3979740cafb51616
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Tonnes
- 1645000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 120
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-04-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Mineral Resource has been updated to reflect mining depletion and new drilling data, providing a current inventory for surface operations.
Positive factors
- Total surface resource for Gladstone
- Adjusted for mining depletion and additional drilling data
Evidence · table
“2.3”
Context: 1,645
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 140000Grade: 2.3Grade Unit: g/tContained Metal: 10Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:44312e6fc637e5a5645a
- Deposit or zone
- Noganyer Surface
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 140000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 10
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Noganyer Measured Mineral Resource provides a high-confidence component for surface mining.
Positive factors
- High confidence Measured resource for surface operations
Evidence · table
“2.3”
Context: 140
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 3004000Grade: 1.4Grade Unit: g/tContained Metal: 131Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:6232f6ab1473f7dd4f4e
- Deposit or zone
- Noganyer Surface
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 3004000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 131
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Noganyer Indicated Mineral Resource provides a substantial inventory for future surface mining.
Positive factors
- Significant Indicated resource for surface operations
Evidence · table
“1.4”
Context: 3,004
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 4597000Grade: 1.5Grade Unit: g/tContained Metal: 215Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:f24259e35b8c21850a93
- Deposit or zone
- Noganyer Surface
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 4597000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 215
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Noganyer Inferred Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Large Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“1.5”
Context: 4,597
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Noganyer SurfaceNorseman Gold Project · goldTonnes: 7741000Grade: 1.4Grade Unit: g/tContained Metal: 356Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e0c4e672cb9555543ece
- Deposit or zone
- Noganyer Surface
- Mining method
- combined
Resource Data
- Tonnes
- 7741000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 356
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Noganyer provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource for Noganyer
- Supports long-term open pit mining plans
Evidence · table
“1.4”
Context: 7,741
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 960000Grade: 1.8Grade Unit: g/tContained Metal: 55Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:004ff40000632bc5aea8
- Deposit or zone
- Maybell Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 960000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 55
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Maybell Indicated Mineral Resource provides a substantial inventory for future surface mining, updated with recent drilling.
Positive factors
- Significant Indicated resource for surface operations
- Adjusted following additional drilling
Evidence · table
“1.8”
Context: 960
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 209000Grade: 1.5Grade Unit: g/tContained Metal: 10Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:f5b0d6b78a76b2ac7e2d
- Deposit or zone
- Maybell Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 209000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 10
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Maybell Inferred Mineral Resource suggests further potential for surface mining, updated with recent drilling, subject to additional work.
Positive factors
- Indicates future growth potential
- Adjusted following additional drilling
Evidence · table
“1.5”
Context: 209
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Maybell Mining CentreNorseman Gold Project · goldTonnes: 1169000Grade: 1.7Grade Unit: g/tContained Metal: 65Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e45f69b6dbe0f1a74328
- Deposit or zone
- Maybell Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Tonnes
- 1169000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 65
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-30
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Maybell Mineral Resource has been updated to reflect additional drilling, providing a current inventory for surface operations.
Positive factors
- Total surface resource for Maybell
- Adjusted following additional drilling in Maybell and Lord Percy Deposits
Evidence · table
“1.7”
Context: 1,169
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 10000Grade: 6.7Grade Unit: g/tContained Metal: 2Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8aebaed0f6517ae2faff
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- measured
- Tonnes
- 10000
- Grade
- 6.7
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Measured Open Pit Mineral Resource provides a high-confidence, albeit small, component for surface mining, updated with recent data.
Positive factors
- High confidence Measured resource for surface operations
- Updated with recent drilling data
Evidence · table
“6.7”
Context: 10
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 4544000Grade: 1.5Grade Unit: g/tContained Metal: 226Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:75a682505474ddbbeb7b
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 4544000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 226
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Indicated Open Pit Mineral Resource provides a substantial inventory for future surface mining, updated with recent data.
Positive factors
- Significant Indicated resource for surface operations
- Updated with recent drilling data
Evidence · table
“1.5”
Context: 4,544
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 4541000Grade: 1.4Grade Unit: g/tContained Metal: 207Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:cc184e1f105fddda7d1d
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 4541000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 207
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Inferred Open Pit Mineral Resource highlights further potential for surface mining, updated with recent data, subject to additional drilling.
Positive factors
- Large Inferred resource for surface operations
- Indicates future growth potential
- Updated with recent drilling data
Evidence · table
“1.4”
Context: 4,541
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Scotia Mining CentreNorseman Gold Project · goldTonnes: 9094000Grade: 1.5Grade Unit: g/tContained Metal: 436Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:56518f4bd0573b1e14db
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
- Material type
- oxide
Resource Data
- Tonnes
- 9094000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 436
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-10
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Open Pit Mineral Resource provides a significant inventory for the project's open pit operations, with updates including regularisation of Green Lantern.
Positive factors
- Substantial total surface resource for Scotia
- Green Lantern Mineral Resource regularised
- Supports long-term open pit mining plans
Evidence · table
“1.5”
Context: 9,094
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 830000Grade: 3Grade Unit: g/tContained Metal: 80Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d2097638afb626fb36a0
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 830000
- Grade
- 3
- Grade Unit
- g/t
- Contained Metal
- 80
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Princess Royal Indicated Mineral Resource provides a good grade component for surface mining.
Positive factors
- Good grade Indicated resource for surface operations
Evidence · table
“3.0”
Context: 830
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 830000Grade: 2.7Grade Unit: g/tContained Metal: 72Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5f935d58d7e65fa129f8
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 830000
- Grade
- 2.7
- Grade Unit
- g/t
- Contained Metal
- 72
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Princess Royal Inferred Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Significant Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“2.7”
Context: 830
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Princess Royal Mining CentreNorseman Gold Project · goldTonnes: 1660000Grade: 2.8Grade Unit: g/tContained Metal: 152Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:41be4fce84bcb9115619
- Deposit or zone
- Princess Royal Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 1660000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 152
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Princess Royal provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource for Princess Royal
- Supports long-term open pit mining plans
Evidence · table
“2.8”
Context: 1,660
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 451000Grade: 3.7Grade Unit: g/tContained Metal: 54Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d77b78deb4287367e548
- Deposit or zone
- Harlequin
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 451000
- Grade
- 3.7
- Grade Unit
- g/t
- Contained Metal
- 54
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Harlequin Indicated Mineral Resource provides a good grade component for surface mining.
Positive factors
- Good grade Indicated resource for surface operations
Evidence · table
“3.7”
Context: 451
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 688000Grade: 3.4Grade Unit: g/tContained Metal: 75Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:6a0d19d0237a210ef30e
- Deposit or zone
- Harlequin
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 688000
- Grade
- 3.4
- Grade Unit
- g/t
- Contained Metal
- 75
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Harlequin Inferred Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Significant Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“3.4”
Context: 688
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
HarlequinNorseman Gold Project · goldTonnes: 1139000Grade: 3.5Grade Unit: g/tContained Metal: 129Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:92a568c0ccd085c09e17
- Deposit or zone
- Harlequin
- Mining method
- combined
Resource Data
- Tonnes
- 1139000
- Grade
- 3.5
- Grade Unit
- g/t
- Contained Metal
- 129
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Harlequin provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource for Harlequin
- Supports long-term open pit mining plans
Evidence · table
“3.5”
Context: 1,139
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 1834000Grade: 1.6Grade Unit: g/tContained Metal: 95Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b8e03d41583461886642
- Deposit or zone
- Lake Cowan
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1834000
- Grade
- 1.6
- Grade Unit
- g/t
- Contained Metal
- 95
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Lake Cowan Indicated Mineral Resource provides a substantial inventory for future surface mining.
Positive factors
- Significant Indicated resource for surface operations
Evidence · table
“1.6”
Context: 1,834
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 894000Grade: 2.3Grade Unit: g/tContained Metal: 66Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa9573432d80b4a423b1
- Deposit or zone
- Lake Cowan
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 894000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 66
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Lake Cowan Inferred Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Significant Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“2.3”
Context: 894
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Lake CowanNorseman Gold Project · goldTonnes: 2728000Grade: 1.8Grade Unit: g/tContained Metal: 161Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d6c3b6412512be586f37
- Deposit or zone
- Lake Cowan
- Mining method
- combined
Resource Data
- Tonnes
- 2728000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 161
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Lake Cowan provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource for Lake Cowan
- Supports long-term open pit mining plans
Evidence · table
“1.8”
Context: 2,728
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 50000Grade: 3.3Grade Unit: g/tContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:0683e55b90089df5483a
- Deposit or zone
- Polar Bear
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 50000
- Grade
- 3.3
- Grade Unit
- g/t
- Contained Metal
- 5
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Polar Bear Indicated Mineral Resource provides a good grade component for surface mining.
Positive factors
- Good grade Indicated resource for surface operations
Evidence · table
“3.3”
Context: 50
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 812000Grade: 1.9Grade Unit: g/tContained Metal: 50Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:cdeb3723de456ad844a3
- Deposit or zone
- Polar Bear
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 812000
- Grade
- 1.9
- Grade Unit
- g/t
- Contained Metal
- 50
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Polar Bear Inferred Mineral Resource highlights further potential for surface mining, including a maiden resource at Hinemoa, subject to additional drilling.
Positive factors
- Significant Inferred resource for surface operations
- Maiden Mineral Resource at Hinemoa estimated
- Indicates future growth potential
Evidence · table
“1.9”
Context: 812
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Polar BearNorseman Gold Project · goldTonnes: 862000Grade: 2Grade Unit: g/tContained Metal: 55Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:06e2558108e827fe6a89
- Deposit or zone
- Polar Bear
- Mining method
- combined
Resource Data
- Tonnes
- 862000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 55
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Polar Bear provides a significant inventory for the project's open pit operations, including a new maiden resource.
Positive factors
- Total surface resource for Polar Bear
- Includes maiden Mineral Resource at Hinemoa
- Supports long-term open pit mining plans
Evidence · table
“2.0”
Context: 862
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 1095000Grade: 1.4Grade Unit: g/tContained Metal: 51Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d2d98183da272940f7c9
- Deposit or zone
- Buldania
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1095000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 51
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Buldania Indicated Mineral Resource provides a substantial inventory for future surface mining.
Positive factors
- Significant Indicated resource for surface operations
Evidence · table
“1.4”
Context: 1,095
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 743000Grade: 1.6Grade Unit: g/tContained Metal: 39Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:7dcfb8a4ecc1a256c643
- Deposit or zone
- Buldania
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 743000
- Grade
- 1.6
- Grade Unit
- g/t
- Contained Metal
- 39
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Buldania Inferred Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Significant Inferred resource for surface operations
- Indicates future growth potential
Evidence · table
“1.6”
Context: 743
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
BuldaniaNorseman Gold Project · goldTonnes: 1838000Grade: 1.5Grade Unit: g/tContained Metal: 90Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:2bbbceff28a70ff3f38c
- Deposit or zone
- Buldania
- Mining method
- combined
Resource Data
- Tonnes
- 1838000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 90
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource for Buldania provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource for Buldania
- Supports long-term open pit mining plans
Evidence · table
“1.5”
Context: 1,838
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 4165000Grade: 0.7Grade Unit: g/tContained Metal: 100Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b8025e3dce03b075e26a
- Deposit or zone
- Surface Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 4165000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Measured Surface Stockpiles represent a high-confidence, readily available resource, added from recent mining activities.
Positive factors
- High confidence Measured resource from stockpiles
- Addition of mined surface stockpiles
Evidence · table
“0.7”
Context: 4,165
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 237000Grade: 0.7Grade Unit: g/tContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:2496c21101b784dad45a
- Deposit or zone
- Surface Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Category
- indicated
- Tonnes
- 237000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 5
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Indicated Surface Stockpiles represent a lower-grade, but still confident, resource from recent mining activities.
Positive factors
- Indicated resource from stockpiles
- Addition of mined surface stockpiles
Evidence · table
“0.7”
Context: 237
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Surface StockpilesNorseman Gold Project · goldTonnes: 4402000Grade: 0.7Grade Unit: g/tContained Metal: 105Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:50b0b3818765a1a785de
- Deposit or zone
- Surface Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Tonnes
- 4402000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 105
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Stockpiles represent a substantial, readily available resource, added from recent mining activities, contributing to the overall inventory.
Positive factors
- Significant total resource from stockpiles
- Addition of mined surface stockpiles from open pit mining and ROM stocks
Evidence · table
“0.7”
Context: 4,402
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredNorseman Gold Project · goldTonnes: 4410000Grade: 0.8Grade Unit: g/tContained Metal: 120Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:40a10773d08b04c43d55
- Deposit or zone
- Total Surface
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 4410000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 120
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Measured Surface Mineral Resource provides a high-confidence component for surface mining.
Positive factors
- High confidence Measured resource for total surface operations
Evidence · table
“0.8”
Context: 4,410
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedNorseman Gold Project · goldTonnes: 14163000Grade: 1.8Grade Unit: g/tContained Metal: 812Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d21f5ca8e199e44adddf
- Deposit or zone
- Total Surface
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 14163000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 812
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Indicated Surface Mineral Resource provides a substantial inventory for future surface mining.
Positive factors
- Significant Indicated resource for total surface operations
Evidence · table
“1.8”
Context: 14,163
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredNorseman Gold Project · goldTonnes: 16302000Grade: 2.3Grade Unit: g/tContained Metal: 1193Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c9dd35c28fb757fd5de6
- Deposit or zone
- Total Surface
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 16302000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 1193
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Inferred Surface Mineral Resource highlights further potential for surface mining, subject to additional drilling.
Positive factors
- Large Inferred resource for total surface operations
- Indicates future growth potential
Evidence · table
“2.3”
Context: 16,302
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Total SurfaceNorseman Gold Project · goldTonnes: 34876000Grade: 1.9Grade Unit: g/tContained Metal: 2124Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:2a6f4d47652f5cfe1aee
- Deposit or zone
- Total Surface
- Mining method
- combined
Resource Data
- Tonnes
- 34876000
- Grade
- 1.9
- Grade Unit
- g/t
- Contained Metal
- 2124
- Contained Unit
- koz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Surface Mineral Resource provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total surface resource
- Supports long-term open pit mining plans
Evidence · table
“1.9”
Context: 34,876
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 4801000Grade: 1.4Grade Unit: g/tContained Metal: 215Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:9089a0767ea717d067f7
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 4801000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 215
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Proven Ore Reserve contributes to the overall project's high-confidence, economically viable inventory.
Positive factors
- High confidence Proven Reserve category
- Part of overall reserve growth
Evidence · table
“1.4”
Context: 4,801
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 8222000Grade: 2.7Grade Unit: g/tContained Metal: 721Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:cf14427fedbf6f9ae931
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 8222000
- Grade
- 2.7
- Grade Unit
- g/t
- Contained Metal
- 721
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This Probable Ore Reserve represents a substantial portion of the project's economically viable inventory, supporting mine planning.
Positive factors
- High confidence Probable Reserve category
- Significant contribution to overall reserve growth
Evidence · table
“2.7”
Context: 8,222
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Norseman Gold ProjectNorseman Gold Project · goldTonnes: 13022000Grade: 2.2Grade Unit: g/tContained Metal: 936Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:db002ebff5b1dede5c8d
- Deposit or zone
- Norseman Gold Project
- Mining method
- combined
Resource Data
- Tonnes
- 13022000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 936
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Ore Reserve demonstrates substantial economically extractable gold at the Norseman Project, showing growth year-on-year.
Positive factors
- Significant total Ore Reserve
- Overall growth after mining depletion
Evidence · table
“2.2”
Context: 13,022
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 576000Grade: 5.9Grade Unit: g/tContained Metal: 109Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:1e901fb29dbd49271e00
- Deposit or zone
- Underground
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 576000
- Grade
- 5.9
- Grade Unit
- g/t
- Contained Metal
- 109
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Proven Underground Ore Reserve provides a high-confidence, high-grade component for ongoing underground operations.
Positive factors
- High-grade Proven Reserve for underground operations
- Strong confidence for mine planning
Evidence · table
“5.9”
Context: 576
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 2827000Grade: 4.6Grade Unit: g/tContained Metal: 414Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3015f1bfc60e8b445d6
- Deposit or zone
- Underground
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 2827000
- Grade
- 4.6
- Grade Unit
- g/t
- Contained Metal
- 414
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Probable Underground Ore Reserve provides a substantial high-grade inventory for future underground development.
Positive factors
- High-grade Probable Reserve for underground operations
- Good confidence for economic studies
Evidence · table
“4.6”
Context: 2,827
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
UndergroundNorseman Gold Project · goldTonnes: 3403000Grade: 4.8Grade Unit: g/tContained Metal: 523Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:b2c0b6f92014f994c1f8
- Deposit or zone
- Underground
- Mining method
- combined
Resource Data
- Tonnes
- 3403000
- Grade
- 4.8
- Grade Unit
- g/t
- Contained Metal
- 523
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total underground Ore Reserve demonstrates a significant high-grade inventory, crucial for the project's underground operations.
Positive factors
- Substantial high-grade total underground reserve
- Supports long-term underground mining plans
Evidence · table
“4.8”
Context: 3,403
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 59000Grade: 2.8Grade Unit: g/tContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d3d3db375a2e974ae027
- Deposit or zone
- Open Pit
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 59000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 5
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Proven Open Pit Ore Reserve provides a high-confidence, albeit small, component for surface mining.
Positive factors
- High confidence Proven Reserve for open pit operations
Evidence · table
“2.8”
Context: 59
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 5158000Grade: 1.8Grade Unit: g/tContained Metal: 302Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:423dc32a9fe0f92b0fde
- Deposit or zone
- Open Pit
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 5158000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 302
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Probable Open Pit Ore Reserve provides a substantial inventory for future surface mining operations.
Positive factors
- Significant Probable Reserve for open pit operations
- Good confidence for economic studies
Evidence · table
“1.8”
Context: 5,158
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Open PitNorseman Gold Project · goldTonnes: 5217000Grade: 1.8Grade Unit: g/tContained Metal: 308Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:741ed3ec4d573469dcd8
- Deposit or zone
- Open Pit
- Mining method
- combined
Resource Data
- Tonnes
- 5217000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 308
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Open Pit Ore Reserve provides a significant inventory for the project's open pit operations.
Positive factors
- Substantial total open pit reserve
- Supports long-term open pit mining plans
Evidence · table
“1.8”
Context: 5,217
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 4165000Grade: 0.8Grade Unit: g/tContained Metal: 100Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e7adfd3cbb600499a3d2
- Deposit or zone
- Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Category
- proven
- Tonnes
- 4165000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Proven Stockpiles represent a high-confidence, readily available reserve, added from recent mining activities.
Positive factors
- High confidence Proven Reserve from stockpiles
- Addition of mined surface stockpiles
Evidence · table
“0.8”
Context: 4,165
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 237000Grade: 0.7Grade Unit: g/tContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fc8dbbf8e435c400156c
- Deposit or zone
- Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 237000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 5
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Probable Stockpiles represent a lower-grade, but still confident, reserve from recent mining activities.
Positive factors
- Probable Reserve from stockpiles
- Addition of mined surface stockpiles
Evidence · table
“0.7”
Context: 237
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
StockpilesNorseman Gold Project · goldTonnes: 4402000Grade: 0.7Grade Unit: g/tContained Metal: 105Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8a2c25f7172bb9c6c180
- Deposit or zone
- Stockpiles
- Mining method
- combined
- Material type
- stockpile
Resource Data
- Tonnes
- 4402000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 105
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-31
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Stockpiles represent a substantial, readily available reserve, added from recent mining activities, contributing to the overall inventory.
Positive factors
- Significant total reserve from stockpiles
- Addition of mined surface stockpiles from open pit mining and ROM stocks
Evidence · table
“0.7”
Context: 4,402
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 263000Grade: 7.1Grade Unit: g/tContained Metal: 60Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dc338082286a6f4967bf
- Deposit or zone
- OK Underground
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 263000
- Grade
- 7.1
- Grade Unit
- g/t
- Contained Metal
- 60
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Proven Ore Reserve provides a high-confidence, high-grade component for ongoing underground operations.
Positive factors
- High-grade Proven Reserve for underground operations
- Strong confidence for mine planning
Evidence · table
“7.1”
Context: 263
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 411000Grade: 4.8Grade Unit: g/tContained Metal: 63Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:82692d74c1fc5ba2d117
- Deposit or zone
- OK Underground
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 411000
- Grade
- 4.8
- Grade Unit
- g/t
- Contained Metal
- 63
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Probable Ore Reserve provides a substantial inventory for future underground development.
Positive factors
- Probable Reserve for underground operations
- Good confidence for economic studies
Evidence · table
“4.8”
Context: 411
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
OK UndergroundNorseman Gold Project · goldTonnes: 674000Grade: 5.7Grade Unit: g/tContained Metal: 123Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:7b0e8d505b13d69e175f
- Deposit or zone
- OK Underground
- Mining method
- combined
Resource Data
- Tonnes
- 674000
- Grade
- 5.7
- Grade Unit
- g/t
- Contained Metal
- 123
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The OK Underground Ore Reserve shows a net increase in ounces after depletion, extending the mine life, despite a decrease in grade.
Positive factors
- High-grade total underground reserve for OK
- Increased 6% in ounces after mining depletion
- Extends the OK Underground Life of Mine
Negative factors
- Decrease in grade of 20%
Evidence · table
“5.7”
Context: 674
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 95000Grade: 5.3Grade Unit: g/tContained Metal: 16Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:bf2555bda6f88bcac534
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 95000
- Grade
- 5.3
- Grade Unit
- g/t
- Contained Metal
- 16
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Proven Ore Reserve includes maiden reserves in the Crown Reef, providing a high-confidence, high-grade component for underground operations.
Positive factors
- High-grade Proven Reserve for underground operations
- Maiden Ore Reserves calculated in Crown Reef
Evidence · table
“5.3”
Context: 95
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 1645000Grade: 5Grade Unit: g/tContained Metal: 263Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:55edaeecfcddaa5596ec
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 1645000
- Grade
- 5
- Grade Unit
- g/t
- Contained Metal
- 263
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Probable Ore Reserve includes maiden reserves in the Mararoa Reef, providing a substantial high-grade inventory for future underground development.
Positive factors
- High-grade Probable Reserve for underground operations
- Maiden Ore Reserves calculated in Phoenix and Butterfly areas of Mararoa Reef
Evidence · table
“5.0”
Context: 1,645
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Mainfield Mining CentreNorseman Gold Project · goldTonnes: 1740000Grade: 5Grade Unit: g/tContained Metal: 279Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:842f3d34cf3267e24f03
- Deposit or zone
- Mainfield Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 1740000
- Grade
- 5
- Grade Unit
- g/t
- Contained Metal
- 279
- Contained Unit
- koz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mainfield Mining Centre shows significant growth in its underground Ore Reserve, driven by successful maiden reserves in key reefs.
Positive factors
- Substantial high-grade total underground reserve for Mainfield
- Maiden Ore Reserves calculated in Crown Reef and Mararoa Reef areas
- Highly successful growth program
Evidence · table
“5.0”
Context: 1,740
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 218000Grade: 4.7Grade Unit: g/tContained Metal: 33Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5c81ca8abbc9f56b0022
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 218000
- Grade
- 4.7
- Grade Unit
- g/t
- Contained Metal
- 33
- Contained Unit
- koz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Proven Ore Reserve provides a high-confidence, high-grade component for ongoing underground operations.
Positive factors
- High-grade Proven Reserve for underground operations
- Strong confidence for mine planning
Evidence · table
“4.7”
Context: 218
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 3866000Grade: 1.9Grade Unit: g/tContained Metal: 242Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:79e24e8f32eeb7dece82
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 3866000
- Grade
- 1.9
- Grade Unit
- g/t
- Contained Metal
- 242
- Contained Unit
- koz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Probable Ore Reserve provides a substantial inventory for future underground development.
Positive factors
- Significant Probable Reserve for underground operations
- Good confidence for economic studies
Evidence · table
“1.9”
Context: 3,866
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Scotia Mining CentreNorseman Gold Project · goldTonnes: 4084000Grade: 2.1Grade Unit: g/tContained Metal: 275Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:69f3be9f90f40ec6ff24
- Deposit or zone
- Scotia Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 4084000
- Grade
- 2.1
- Grade Unit
- g/t
- Contained Metal
- 275
- Contained Unit
- koz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Scotia Underground Ore Reserve has been updated to reflect recent drilling and development, maintaining a significant inventory for operations.
Positive factors
- Substantial total underground reserve for Scotia
- Adjusted for mining depletion and updated with new drilling and development results
- Supports long-term underground mining plans
Evidence · table
“2.1”
Context: 4,084
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 59000Grade: 2.8Grade Unit: g/tContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:823e06e927ce547c8c8c
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 59000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 5
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Proven Ore Reserve provides a high-confidence, albeit small, component for surface mining.
Positive factors
- High confidence Proven Reserve for open pit operations
Evidence · table
“2.8”
Context: 59
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 649000Grade: 2.9Grade Unit: g/tContained Metal: 61Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e8c26b26a566aeaa0585
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 649000
- Grade
- 2.9
- Grade Unit
- g/t
- Contained Metal
- 61
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Probable Ore Reserve provides a substantial inventory for future surface mining, including an update for Daisy South.
Positive factors
- Significant Probable Reserve for open pit operations
- Includes updated Ore Reserve at Daisy South
Evidence · table
“2.9”
Context: 649
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Gladstone Mining CentreNorseman Gold Project · goldTonnes: 709000Grade: 2.9Grade Unit: g/tContained Metal: 67Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:e8a5cc6138076a58f3ae
- Deposit or zone
- Gladstone Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 709000
- Grade
- 2.9
- Grade Unit
- g/t
- Contained Metal
- 67
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Gladstone Ore Reserve has been updated to reflect mining depletion and includes an updated reserve at Daisy South, showing an overall decrease in ounces.
Positive factors
- Total open pit reserve for Gladstone
- Adjusted for mining depletion and includes updated Ore Reserve at Daisy South
Negative factors
- Overall decrease of 9% in ounces after block model regularisation and mining depletion
Evidence · table
“2.9”
Context: 709
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 440000Grade: 2.3Grade Unit: g/tContained Metal: 32Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:66e2fadab48b47cf1860
- Deposit or zone
- Maybell Mining Centre
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 440000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 32
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Maybell Probable Ore Reserve includes a maiden reserve for Lord Percy, providing a new component for surface mining.
Positive factors
- Probable Reserve for open pit operations
- Includes a maiden Ore Reserve for the Lord Percy deposit
Evidence · table
“2.3”
Context: 440
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Maybell Mining CentreNorseman Gold Project · goldTonnes: 440000Grade: 2.3Grade Unit: g/tContained Metal: 32Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8339361d7a10f1650b11
- Deposit or zone
- Maybell Mining Centre
- Mining method
- combined
Resource Data
- Tonnes
- 440000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 32
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Maybell Ore Reserve includes a maiden reserve for Lord Percy, providing a new inventory for surface operations.
Positive factors
- Total open pit reserve for Maybell
- Includes a maiden Ore Reserve for the Lord Percy deposit
Evidence · table
“2.3”
Context: 440
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenNorseman Gold Project · goldTonnes: 4165000Grade: 0.7Grade Unit: g/tContained Metal: 100Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:5b6c0f8722497bccfe94
- Deposit or zone
- Other Reserves
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 4165000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Proven Other Reserves provide a high-confidence component for the project's overall inventory.
Positive factors
- High confidence Proven Reserve for other operations
Evidence · table
“0.7”
Context: 4,165
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableNorseman Gold Project · goldTonnes: 1210000Grade: 1.5Grade Unit: g/tContained Metal: 59Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8c8cee7676b4ecd236e7
- Deposit or zone
- Other Reserves
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 1210000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 59
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Probable Other Reserves provide a substantial inventory for the project's overall operations.
Positive factors
- Significant Probable Reserve for other operations
Evidence · table
“1.5”
Context: 1,210
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Other ReservesNorseman Gold Project · goldTonnes: 5375000Grade: 0.9Grade Unit: g/tContained Metal: 160Contained Unit: kozView all detailsHide details
Identity
- Project
- Norseman Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- PNR
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ae15922ef7a2811df62d
- Deposit or zone
- Other Reserves
- Mining method
- combined
Resource Data
- Tonnes
- 5375000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 160
- Contained Unit
- koz
- Cutoff Grade
- 0.85
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-09-28
Lab
- Laboratory
- Intertek
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Other Reserves provide a significant inventory for the project's overall operations.
Positive factors
- Substantial total other reserves
- Supports long-term mining plans
Evidence · table
“0.9”
Context: 5,375
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.