PSC: Annual Report to shareholders
Original announcement by asx on
- Company
- Prospect Resources Limited
- Ticker
- PSC
- Exchange
- ASX
- Region
- Zambia
- Primary commodity
- Copper
- Secondary commodities
- Gold, Cobalt
- Document categories
- Drill results, Resource update, Metallurgy
- Extracted
- 2026-09-24 08:16:50 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Prospect Resources' annual report highlights significant progress at its Mumbezhi Copper Project in Zambia, including substantial resource growth and positive metallurgical test results. The company updated its Mineral Resource Estimate twice in 2026, increasing contained copper by 70% since March 2025 and doubling gold resources, while also confirming high copper recoveries and concentrate grades using conventional flotation. A successful A$45 million capital raise has strengthened the balance sheet to fund ongoing exploration and a Scoping Study for the project.
Reasoning: The annual report details substantial resource growth, positive drill results, and strong metallurgical recoveries for the flagship Mumbezhi Copper Project, supported by a successful capital raise and ongoing exploration, indicating significant de-risking and value creation.
Positive factors
- Significant resource growth
- High metallurgical recoveries
- Multi-commodity potential (copper, gold, cobalt)
- Successful capital raise
- Large ongoing drilling program
- JORC compliant resource estimates
- Conventional processing route confirmed
Negative factors
- Market conditions affecting share price
- Assay processing constraints (being addressed)
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 70
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The global Mumbezhi MRE increased by approximately 94% in tonnage since the maiden MRE in March 2025.
Evidence · text
“growth of approximately 94% in tonnage”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: Contained copper increased by 70% since the maiden MRE in March 2025, and gold resources doubled compared to the February 2026 MRE.
Evidence · text
“70% in contained copper since the declaration of the maiden MRE in March 2025.”
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: More than 35% of the current Nyungu Central MRE is now classified in the Indicated category, indicating improved confidence.
Evidence · text
“more than 35% of the current Nyungu Central MRE is now classified in the Indicated category.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The updated resource incorporated a maiden MRE for West Mwombezhi.
Evidence · text
“The updated resource also incorporated a maiden MRE for West Mwombezhi”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The MRE was completed by Mr Steve Rose, a Competent Person as defined in the JORC (2012) Code.
Evidence · text
“Competent Person as defined in the JORC (2012) Code”
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: The MRE was completed by Mr Steve Rose (FAusIMM), an independent expert and Competent Person.
Evidence · text
“The MRE was completed by Mr Steve Rose (FAusIMM), an independent expert, and the Competent Person”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Mineral Resource Estimate is reported at a 0.2% Cu cut-off grade.
Evidence · text
“at 0.2% Cu cut-off”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Kabikupa fresh composite achieved 95.3% Cu recovery, Nyungu Central fresh composite achieved 96.2% Cu recovery, and Kabikupa transition composite achieved 94.7% Cu recovery, all using conventional flotation.
Evidence · text
“Kabikupa fresh composite achieved a copper concentrate of 27.5% Cu and 310 ppm Co at 95.3% Cu recovery”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: Metallurgical test work was conducted on material from both Nyungu Central and Kabikupa, including fresh and transition composites.
Evidence · text
“test work on material from both Nyungu Central and Kabikupa producing high-grade concentrates and strong recoveries”
Free Millingpositive
Simple, clean ore amenable to standard processing without oxidation.
Why it applies: Mumbezhi mineralization has a conventional processing profile, with copper ores that can be treated using simple, low-cost processing methods.
Evidence · text
“Mumbezhi mineralisation has a conventional processing profile, with copper ores that can be treated using simple, low-cost processing methods”
Pilot Scale Completepositive
Pilot or demonstration plant testing completed under continuous operation.
Why it applies: The metallurgical testwork involved flotation tests, including rougher and cleaner tests, which are indicative of advanced bench-scale or pilot-scale work.
Evidence · text
“flotation testwork culminated in rougher and cleaner tests”
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Multi-element concentrate analysis for Kabikupa composites reported trace levels of elements like Cd, Mg, Pb, Sb, and Zn.
Evidence · table
“4”
Context: Transition Con
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are reported as downhole lengths without explicit true width statements or drill orientation details.
Evidence · text
“49.0m @ 0.52% Cu from 314m”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Step-out drilling delivered thick, high-grade copper intercepts extending the flagship Nyungu Central mineralisation to the southeast.
Evidence · text
“Step-out drilling delivers thick, high-grade copper intercepts extending the flagship Nyungu Central mineralisation to the southeast.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("flotation")
Extracted facts
Stored fact records: 70. Some facts used in scoring do not have a stored record.
Drill Results (47)
NCRD009Mumbezhi · copperGrade: 0.52Grade Unit: %Intercept: 49 mView all detailsHide details
Identity
- Hole ID
- NCRD009
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.52
- Grade Unit
- %
- Intercept
- 49 m
- From
- 314 m
- To
- 363 m
- Intercept Depth
- 314 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCRD009:314-363
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A significant copper intercept from the Phase 2 drilling program, validating the structural geological model.
Positive factors
- Strong copper grade
- Significant intercept length
Evidence · text
“49.0m @ 0.52% Cu from 314m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCRD009Mumbezhi · copperGrade: 0.79Grade Unit: %Intercept: 12.3 mView all detailsHide details
Identity
- Hole ID
- NCRD009
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.79
- Grade Unit
- %
- Intercept
- 12.3 m
- From
- 331 m
- To
- 343.3 m
- Intercept Depth
- 314 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCRD009:331-343.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“12.3m @ 0.79% Cu from 331m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCRD009Mumbezhi · copperGrade: 0.8Grade Unit: %Intercept: 8 mView all detailsHide details
Identity
- Hole ID
- NCRD009
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.8
- Grade Unit
- %
- Intercept
- 8 m
- From
- 314 m
- To
- 322 m
- Intercept Depth
- 314 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCRD009:314-322
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“8.0m @ 0.80% Cu from 314m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KKDD011Mumbezhi · copperGrade: 0.59Grade Unit: %Intercept: 18 mView all detailsHide details
Identity
- Hole ID
- KKDD011
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.59
- Grade Unit
- %
- Intercept
- 18 m
- From
- 227 m
- To
- 245 m
- Intercept Depth
- 227 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KKDD011:227-245
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A good copper intercept contributing to the extension of mineralization at Kabikupa.
Positive factors
- Solid copper grade
- Extends mineralization at Kabikupa
Evidence · text
“KKDD011 – 18.0m @ 0.59% Cu from 227m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KKDD010Mumbezhi · copperGrade: 0.48Grade Unit: %Intercept: 21 mView all detailsHide details
Identity
- Hole ID
- KKDD010
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.48
- Grade Unit
- %
- Intercept
- 21 m
- From
- 247 m
- To
- 268 m
- Intercept Depth
- 247 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KKDD010:247-268
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A solid copper intercept extending mineralization at Kabikupa, with a higher-grade sub-interval.
Positive factors
- Good intercept length
- Extends mineralization at Kabikupa
Evidence · text
“KKDD010 – 21.0m @ 0.48% Cu from 247m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KKDD010Mumbezhi · copperGrade: 0.77Grade Unit: %Intercept: 10 mView all detailsHide details
Identity
- Hole ID
- KKDD010
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.77
- Grade Unit
- %
- Intercept
- 10 m
- From
- 256 m
- To
- 266 m
- Intercept Depth
- 247 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KKDD010:256-266
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“10.0m @ 0.77% Cu from 256m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KKDD015Mumbezhi · copperGrade: 1.06Grade Unit: %Intercept: 8.5 mView all detailsHide details
Identity
- Hole ID
- KKDD015
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 1.06
- Grade Unit
- %
- Intercept
- 8.5 m
- From
- 69.3 m
- To
- 77.8 m
- Intercept Depth
- 69.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KKDD015:69.3-77.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade copper intercept at shallow depth, indicating potential for near-surface mineralization.
Positive factors
- High copper grade
- Shallow intercept
Evidence · text
“KKDD015 – 8.5m @ 1.06% Cu from 69.3m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KKDD006Mumbezhi · copperGrade: 0.33Grade Unit: %Intercept: 17 mView all detailsHide details
Identity
- Hole ID
- KKDD006
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.33
- Grade Unit
- %
- Intercept
- 17 m
- From
- 92 m
- To
- 109 m
- Intercept Depth
- 92 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KKDD006:92-109
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept extending mineralization at Kabikupa.
Positive factors
- Good intercept length
- Extends mineralization at Kabikupa
Evidence · text
“KKDD006 – 17.0m @ 0.33% Cu from 92.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD021Mumbezhi · copperGrade: 0.88Grade Unit: %Intercept: 34 mView all detailsHide details
Identity
- Hole ID
- NCDD021
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.88
- Grade Unit
- %
- Intercept
- 34 m
- From
- 128 m
- To
- 162 m
- Intercept Depth
- 114 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD021:128-162
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade copper intercept identifying a new zone at Nyungu Central south.
Positive factors
- High copper grade
- Significant intercept length
Evidence · text
“NCDD021 returned 34m @ 0.88% Cu from 128m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD021Mumbezhi · copperGrade: 0.52Grade Unit: %Intercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- NCDD021
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.52
- Grade Unit
- %
- Intercept
- 2.7 m
- From
- 114 m
- To
- 116.7 m
- Intercept Depth
- 114 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD021:114-116.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from a new zone at Nyungu Central south.
Positive factors
- Moderate copper grade
- Identifies new zone
Evidence · text
“2.7m @ 0.52% Cu from 114m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD028Mumbezhi · copperGrade: 0.42Grade Unit: %Intercept: 65.8 mView all detailsHide details
Identity
- Hole ID
- NCDD028
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.42
- Grade Unit
- %
- Intercept
- 65.8 m
- From
- 226 m
- To
- 291.8 m
- Intercept Depth
- 226 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD028:226-291.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A thick copper intercept from step-out drilling, expanding mineralization at Nyungu Central.
Positive factors
- Significant intercept length
- Extends mineralization to the southeast
Evidence · text
“65.8m @ 0.42% Cu from 226m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD028Mumbezhi · copperGrade: 0.58Grade Unit: %Intercept: 17 mView all detailsHide details
Identity
- Hole ID
- NCDD028
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.58
- Grade Unit
- %
- Intercept
- 17 m
- From
- 239 m
- To
- 256 m
- Intercept Depth
- 226 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD028:239-256
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“17.0m @ 0.58% Cu from 239m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD028Mumbezhi · copperGrade: 0.82Grade Unit: %Intercept: 13.2 mView all detailsHide details
Identity
- Hole ID
- NCDD028
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.82
- Grade Unit
- %
- Intercept
- 13.2 m
- From
- 278 m
- To
- 291.2 m
- Intercept Depth
- 226 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD028:278-291.2
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“13.2m @ 0.82% Cu from 278m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD025Mumbezhi · copperGrade: 0.34Grade Unit: %Intercept: 29.6 mView all detailsHide details
Identity
- Hole ID
- NCDD025
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.34
- Grade Unit
- %
- Intercept
- 29.6 m
- From
- 237 m
- To
- 266.6 m
- Intercept Depth
- 237 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD025:237-266.6
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A solid copper intercept from step-out drilling, expanding a new zone at Nyungu Central.
Positive factors
- Good intercept length
- Expands new zone to the southeast
Evidence · text
“29.6m @ 0.34% Cu from 237m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NCDD025Mumbezhi · copperGrade: 0.8Grade Unit: %Intercept: 5.2 mView all detailsHide details
Identity
- Hole ID
- NCDD025
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.8
- Grade Unit
- %
- Intercept
- 5.2 m
- From
- 245 m
- To
- 250.2 m
- Intercept Depth
- 237 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD025:245-250.2
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“5.2m @ 0.80% Cu from 245m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NYDD062Mumbezhi · goldGrade: 0.55Grade Unit: g/tIntercept: 23.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD062
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.55
- Grade Unit
- g/t
- Intercept
- 23.1 m
- From
- 82.9 m
- To
- 106 m
- Intercept Depth
- 82.9 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD062:82.9-106
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed significant gold mineralization, enhancing by-product potential.
Positive factors
- Good gold grade
- Significant intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“23.1m @ 0.55 g/t Au from 82.9m (NYDD062)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD056Mumbezhi · goldGrade: 0.15Grade Unit: g/tIntercept: 15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD056
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.15
- Grade Unit
- g/t
- Intercept
- 15 m
- From
- 125 m
- To
- 140 m
- Intercept Depth
- 125 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD056:125-140
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Good intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“15.0m @ 0.15 g/t Au from 125m (NYDD056)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD054Mumbezhi · goldGrade: 0.15Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD054
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.15
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 16 m
- To
- 25 m
- Intercept Depth
- 16 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD054:16-25
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization at shallow depth, enhancing by-product potential.
Positive factors
- Shallow intercept
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“9.0m @ 0.15 g/t Au from 16.0m (NYDD054)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD052Mumbezhi · goldGrade: 0.14Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD052
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.14
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 138 m
- To
- 146 m
- Intercept Depth
- 138 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD052:138-146
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“8.0m @ 0.14 g/t Au from 138m (NYDD052)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NCRD008Mumbezhi · goldGrade: 0.22Grade Unit: g/tIntercept: 29 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NCRD008
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.22
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 47 m
- To
- 76 m
- Intercept Depth
- 47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCRD008:47-76
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed significant gold mineralization, enhancing by-product potential.
Positive factors
- Good gold grade
- Significant intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“29.0m @ 0.22 g/t Au from 47.0m (NCRD008)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NCMT002Mumbezhi · goldGrade: 0.19Grade Unit: g/tIntercept: 21 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NCMT002
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.19
- Grade Unit
- g/t
- Intercept
- 21 m
- From
- 74 m
- To
- 95 m
- Intercept Depth
- 74 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCMT002:74-95
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Good intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“21.0m @ 0.19 g/t Au from 74.0m (NCMT002)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DD23_4Mumbezhi · goldGrade: 0.78Grade Unit: g/tIntercept: 2.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DD23_4
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.78
- Grade Unit
- g/t
- Intercept
- 2.5 m
- From
- 155 m
- To
- 157.5 m
- Intercept Depth
- 155 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DD23_4:155-157.5
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed high-grade gold mineralization, enhancing by-product potential.
Positive factors
- High gold grade
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“2.5m @ 0.78 g/t Au from 155m (DD23_4)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NCMT002Mumbezhi · goldGrade: 0.51Grade Unit: g/tIntercept: 3.46 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NCMT002
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 3.46 m
- From
- 102 m
- To
- 105.46 m
- Intercept Depth
- 74 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCMT002:102-105.46
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed high-grade gold mineralization, enhancing by-product potential.
Positive factors
- High gold grade
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“3.46m @ 0.51 g/t Au from 102m (NCMT002)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NCRD008Mumbezhi · goldGrade: 0.17Grade Unit: g/tIntercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NCRD008
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.17
- Grade Unit
- g/t
- Intercept
- 17 m
- From
- 47 m
- To
- 64 m
- Intercept Depth
- 47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCRD008:47-64
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Good intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“17.0m @ 0.17 g/t Au from 47.0m (NCRD008)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD053Mumbezhi · goldGrade: 0.61Grade Unit: g/tIntercept: 2.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD053
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.61
- Grade Unit
- g/t
- Intercept
- 2.5 m
- From
- 149 m
- To
- 151.5 m
- Intercept Depth
- 149 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD053:149-151.5
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed high-grade gold mineralization, enhancing by-product potential.
Positive factors
- High gold grade
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“2.5m @ 0.61 g/t Au from 149m (NYDD053)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD057Mumbezhi · goldGrade: 0.1Grade Unit: g/tIntercept: 10.6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD057
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.1
- Grade Unit
- g/t
- Intercept
- 10.6 m
- From
- 181 m
- To
- 191.6 m
- Intercept Depth
- 181 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD057:181-191.6
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Good intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“10.6m @ 0.10 g/t Au from 181m (NYDD057)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD057Mumbezhi · goldGrade: 0.13Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD057
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.13
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 168 m
- To
- 176 m
- Intercept Depth
- 168 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD057:168-176
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“8.0m @ 0.13 g/t Au from 168m (NYDD057)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD064Mumbezhi · goldGrade: 0.21Grade Unit: g/tIntercept: 27.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD064
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.21
- Grade Unit
- g/t
- Intercept
- 27.7 m
- From
- 172 m
- To
- 199.7 m
- Intercept Depth
- 172 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD064:172-199.7
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed significant gold mineralization, enhancing by-product potential.
Positive factors
- Good gold grade
- Significant intercept length
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“27.7m @ 0.21 g/t Au from 172m (NYDD064)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NCDD010Mumbezhi · goldGrade: 0.41Grade Unit: g/tIntercept: 7.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NCDD010
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.41
- Grade Unit
- g/t
- Intercept
- 7.3 m
- From
- 20 m
- To
- 27.3 m
- Intercept Depth
- 20 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NCDD010:20-27.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization at shallow depth, enhancing by-product potential.
Positive factors
- Good gold grade
- Shallow intercept
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“7.3m @ 0.41 g/t Au from 20.0m (NCDD010)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NYDD062Mumbezhi · goldGrade: 0.43Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NYDD062
- Project
- Mumbezhi
- Commodity
- gold
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.43
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 159 m
- To
- 163 m
- Intercept Depth
- 82.9 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NYDD062:159-163
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Re-assaying of historical drill core confirmed gold mineralization, enhancing by-product potential.
Positive factors
- Good gold grade
- Confirms by-product potential
Negative factors
- Historical drilling
Evidence · text
“4.0m @ 0.43 g/t Au from 159m (NYDD062)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
MWDD004Mumbezhi · copperGrade: 0.78Grade Unit: %Intercept: 8.9 mView all detailsHide details
Identity
- Hole ID
- MWDD004
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.78
- Grade Unit
- %
- Intercept
- 8.9 m
- From
- 54.6 m
- To
- 63.5 m
- Intercept Depth
- 54.6 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD004:54.6-63.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- High copper grade
- Shallow intercept
- Defines continuous near-surface mineralization
Evidence · text
“8.9m @ 0.78% Cu from 54.6m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD004Mumbezhi · copperGrade: 0.93Grade Unit: %Intercept: 7 mView all detailsHide details
Identity
- Hole ID
- MWDD004
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.93
- Grade Unit
- %
- Intercept
- 7 m
- From
- 54.6 m
- To
- 61.6 m
- Intercept Depth
- 54.6 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD004:54.6-61.6
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A very high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Very high copper grade
- Confirms strong mineralization
Evidence · text
“7.0m @ 0.93% Cu from 54.6m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD009Mumbezhi · copperGrade: 0.57Grade Unit: %Intercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- MWDD009
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.57
- Grade Unit
- %
- Intercept
- 6.7 m
- From
- 86 m
- To
- 92.7 m
- Intercept Depth
- 86 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD009:86-92.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A good copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Solid copper grade
- Defines continuous near-surface mineralization
Evidence · text
“6.7m @ 0.57% Cu from 86.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD009Mumbezhi · copperGrade: 0.75Grade Unit: %Intercept: 4.2 mView all detailsHide details
Identity
- Hole ID
- MWDD009
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.75
- Grade Unit
- %
- Intercept
- 4.2 m
- From
- 88.5 m
- To
- 92.7 m
- Intercept Depth
- 86 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD009:88.5-92.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“4.2m @ 0.75% Cu from 88.5m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD001Mumbezhi · copperGrade: 0.44Grade Unit: %Intercept: 5.8 mView all detailsHide details
Identity
- Hole ID
- MWDD001
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.44
- Grade Unit
- %
- Intercept
- 5.8 m
- From
- 145 m
- To
- 150.8 m
- Intercept Depth
- 145 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD001:145-150.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Moderate copper grade
- Defines continuous near-surface mineralization
Evidence · text
“5.8m @ 0.44% Cu from 145m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD002Mumbezhi · copperGrade: 0.47Grade Unit: %Intercept: 5 mView all detailsHide details
Identity
- Hole ID
- MWDD002
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.47
- Grade Unit
- %
- Intercept
- 5 m
- From
- 85 m
- To
- 90 m
- Intercept Depth
- 85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD002:85-90
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Moderate copper grade
- Defines continuous near-surface mineralization
Evidence · text
“5.0m @ 0.47% Cu from 85.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD002Mumbezhi · copperGrade: 0.78Grade Unit: %Intercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- MWDD002
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.78
- Grade Unit
- %
- Intercept
- 2.7 m
- From
- 87.3 m
- To
- 90 m
- Intercept Depth
- 85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD002:87.3-90
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade sub-interval within a broader intercept, indicating strong copper mineralization.
Positive factors
- Higher-grade sub-interval
- Confirms strong mineralization
Evidence · text
“2.7m @ 0.78% Cu from 87.3m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD005Mumbezhi · copperGrade: 0.49Grade Unit: %Intercept: 4.9 mView all detailsHide details
Identity
- Hole ID
- MWDD005
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 4.9 m
- From
- 89.1 m
- To
- 94 m
- Intercept Depth
- 48.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD005:89.1-94
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Moderate copper grade
- Defines continuous near-surface mineralization
Evidence · text
“4.9m @ 0.49% Cu from 89.1m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD005Mumbezhi · copperGrade: 0.53Grade Unit: %Intercept: 3.9 mView all detailsHide details
Identity
- Hole ID
- MWDD005
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.53
- Grade Unit
- %
- Intercept
- 3.9 m
- From
- 48.1 m
- To
- 52 m
- Intercept Depth
- 48.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD005:48.1-52
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Moderate copper grade
- Defines continuous near-surface mineralization
Evidence · text
“3.9m @ 0.53% Cu from 48.1m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWDD006Mumbezhi · copperGrade: 0.41Grade Unit: %Intercept: 5 mView all detailsHide details
Identity
- Hole ID
- MWDD006
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.41
- Grade Unit
- %
- Intercept
- 5 m
- From
- 42 m
- To
- 47 m
- Intercept Depth
- 42 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWDD006:42-47
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade copper intercept from West Mwombezhi, defining continuous near-surface mineralization.
Positive factors
- Moderate copper grade
- Defines continuous near-surface mineralization
Evidence · text
“5.0m @ 0.41% Cu from 42.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC134Mumbezhi · copperGrade: 0.05Grade Unit: %Intercept: 25 mView all detailsHide details
Identity
- Hole ID
- MWAC134
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 25 m
- From
- 2 m
- To
- 27 m
- Intercept Depth
- 2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC134:2-27
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A long, shallow intercept with low copper grade, indicating broad near-surface mineralization that remains open.
Positive factors
- Significant intercept length
- Shallow mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“25m @ 0.05% Cu from 2m (still open at end of hole) (MWAC134)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC142Mumbezhi · copperGrade: 0.05Grade Unit: %Intercept: 18 mView all detailsHide details
Identity
- Hole ID
- MWAC142
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 18 m
- From
- 0 m
- To
- 18 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC142:0-18
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A long, near-surface intercept with low copper grade, indicating broad mineralization that remains open.
Positive factors
- Significant intercept length
- Near-surface mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“18m @ 0.05% Cu from 0m (still open at end of hole) (MWAC142)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC126Mumbezhi · copperGrade: 0.1Grade Unit: %Intercept: 9 mView all detailsHide details
Identity
- Hole ID
- MWAC126
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 9 m
- From
- 17 m
- To
- 26 m
- Intercept Depth
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC126:17-26
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-length, shallow intercept with low copper grade, indicating mineralization that remains open.
Positive factors
- Moderate intercept length
- Shallow mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“9m @ 0.10% Cu from 17m (still open at end of hole) (MWAC126)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC076Mumbezhi · copperGrade: 0.06Grade Unit: %Intercept: 14 mView all detailsHide details
Identity
- Hole ID
- MWAC076
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.06
- Grade Unit
- %
- Intercept
- 14 m
- From
- 13 m
- To
- 27 m
- Intercept Depth
- 13 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC076:13-27
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-length, shallow intercept with low copper grade, indicating mineralization that remains open.
Positive factors
- Moderate intercept length
- Shallow mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“14m @ 0.06% Cu from 13m (still open at end of hole) (MWAC076)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC117Mumbezhi · copperGrade: 0.04Grade Unit: %Intercept: 19 mView all detailsHide details
Identity
- Hole ID
- MWAC117
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 19 m
- From
- 1 m
- To
- 20 m
- Intercept Depth
- 1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC117:1-20
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A long, near-surface intercept with low copper grade, indicating broad mineralization that remains open.
Positive factors
- Significant intercept length
- Near-surface mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“19m @ 0.04% Cu from 1m (still open at end of hole) (MWAC117)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC135Mumbezhi · copperGrade: 0.04Grade Unit: %Intercept: 17 mView all detailsHide details
Identity
- Hole ID
- MWAC135
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 17 m
- From
- 0 m
- To
- 17 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC135:0-17
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A long, near-surface intercept with low copper grade, indicating broad mineralization.
Positive factors
- Significant intercept length
- Near-surface mineralization
Negative factors
- Low copper grade
Evidence · text
“17m @ 0.04% Cu from 0m (MWAC135)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWAC094Mumbezhi · copperGrade: 0.08Grade Unit: %Intercept: 7 mView all detailsHide details
Identity
- Hole ID
- MWAC094
- Project
- Mumbezhi
- Commodity
- copper
- Region
- zambia
- Reported Region
- zambia
- Ticker
- PSC
Geometry
- Grade
- 0.08
- Grade Unit
- %
- Intercept
- 7 m
- From
- 15 m
- To
- 22 m
- Intercept Depth
- 15 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWAC094:15-22
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-length, shallow intercept with low copper grade, indicating mineralization that remains open.
Positive factors
- Moderate intercept length
- Shallow mineralization
- Open at end of hole
Negative factors
- Low copper grade
Evidence · text
“7m @ 0.08% Cu from 15m (still open at end of hole) (MWAC094)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (11)
indicatedMumbezhi Copper Project · copperTonnes: 53400000Grade: 0.45Grade Unit: %Contained Metal: 239800Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:91ece039f10a13cc2da2
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 53400000
- Grade
- 0.45
- Grade Unit
- %
- Contained Metal
- 239800
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Metal Eq. Grade
- 0.56
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Indicated resource for Nyungu Central shows significant tonnage and good copper grade, contributing to the overall resource growth and confidence.
Positive factors
- Significant tonnage
- Good copper grade
- High confidence (Indicated category)
- Contributes to overall resource growth
Evidence · table
“0.45”
Context: 53.4
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 53400000 against 174000000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 239800 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedMumbezhi Copper Project · cobaltTonnes: 53400000Grade: 0.03Grade Unit: %Contained Metal: 18600Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:91ece039f10a13cc2da2
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 53400000
- Grade
- 0.03
- Grade Unit
- %
- Contained Metal
- 18600
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Indicated resource for Nyungu Central includes a cobalt component, adding to the project's multi-commodity value.
Positive factors
- Adds multi-commodity value
- High confidence (Indicated category)
Evidence · table
“0.03”
Context: 53.4
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 53400000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.03 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 18600 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedMumbezhi Copper Project · goldTonnes: 53400000Grade: 0.05Grade Unit: g/tContained Metal: 93200Contained Unit: ozView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- gold
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:91ece039f10a13cc2da2
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 53400000
- Grade
- 0.05
- Grade Unit
- g/t
- Contained Metal
- 93200
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Indicated resource for Nyungu Central includes a gold component, significantly enhancing the project's multi-commodity value and economics.
Positive factors
- Adds multi-commodity value
- High confidence (Indicated category)
- Enhances project economics
Evidence · table
“0.05”
Context: 53.4
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 53400000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.05 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 93200 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · copperTonnes: 101000000Grade: 0.41Grade Unit: %Contained Metal: 411500Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:6bf8bc3f1feec52d0f3b
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 101000000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 411500
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Metal Eq. Grade
- 0.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Inferred resource for Nyungu Central shows significant tonnage and good copper grade, indicating substantial exploration potential, though with lower confidence.
Positive factors
- Significant tonnage
- Good copper grade
- Contributes to overall resource growth
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.41”
Context: 101.0
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 101000000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.41 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 411500 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · cobaltTonnes: 101000000Grade: 0.02Grade Unit: %Contained Metal: 20900Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:6bf8bc3f1feec52d0f3b
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 101000000
- Grade
- 0.02
- Grade Unit
- %
- Contained Metal
- 20900
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Inferred resource for Nyungu Central includes a cobalt component, adding to the project's multi-commodity value, though with lower confidence.
Positive factors
- Adds multi-commodity value
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.02”
Context: 101.0
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 101000000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.02 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 20900 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · goldTonnes: 101000000Grade: 0.05Grade Unit: g/tContained Metal: 149600Contained Unit: ozView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- gold
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:6bf8bc3f1feec52d0f3b
- Deposit or zone
- Nyungu Central
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 101000000
- Grade
- 0.05
- Grade Unit
- g/t
- Contained Metal
- 149600
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Inferred resource for Nyungu Central includes a gold component, significantly enhancing the project's multi-commodity value and economics, though with lower confidence.
Positive factors
- Adds multi-commodity value
- Enhances project economics
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.05”
Context: 101.0
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 101000000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.05 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 149600 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedMumbezhi Copper Project · copperTonnes: 18000000Grade: 0.46Grade Unit: %Contained Metal: 83600Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:770e949840d386c291c0
- Deposit or zone
- Kabikupa
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 18000000
- Grade
- 0.46
- Grade Unit
- %
- Contained Metal
- 83600
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Indicated resource for Kabikupa shows significant tonnage and good copper grade, contributing to the overall resource growth and confidence.
Positive factors
- Significant tonnage
- Good copper grade
- High confidence (Indicated category)
- Contributes to overall resource growth
Evidence · table
“0.46”
Context: 18.0
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 18000000 against 174000000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 83600 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · copperTonnes: 5000000Grade: 0.55Grade Unit: %Contained Metal: 27200Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:1ee9e74574e26fe9d156
- Deposit or zone
- Kabikupa
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 5000000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 27200
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Metal Eq. Grade
- 0.55
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The Inferred resource for Kabikupa shows good copper grade, indicating exploration potential, though with lower confidence.
Positive factors
- Good copper grade
- Contributes to overall resource growth
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.55”
Context: 5.0
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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 5000000 against 174000000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 0.55 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 27200 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · copperTonnes: 30700000Grade: 0.37Grade Unit: %Contained Metal: 115000Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:2b17750e4da9df960a83
- Deposit or zone
- West Mwombezhi
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 30700000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 115000
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The maiden Inferred resource for West Mwombezhi adds a significant new deposit to the project, demonstrating exploration success.
Positive factors
- Maiden resource for West Mwombezhi
- Significant tonnage
- Adds new deposit to project
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.37”
Context: 30.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off 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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 30700000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.37 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 115000 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · cobaltTonnes: 30700000Grade: 0.01Grade Unit: %Contained Metal: 4000Contained Unit: tView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:2b17750e4da9df960a83
- Deposit or zone
- West Mwombezhi
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 30700000
- Grade
- 0.01
- Grade Unit
- %
- Contained Metal
- 4000
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The maiden Inferred resource for West Mwombezhi includes a cobalt component, adding to the project's multi-commodity value.
Positive factors
- Adds multi-commodity value
- Maiden resource for West Mwombezhi
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.01”
Context: 30.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off 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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 30700000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.01 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 4000 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredMumbezhi Copper Project · goldTonnes: 30700000Grade: 0.02Grade Unit: g/tContained Metal: 19300Contained Unit: ozView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- gold
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Steve Rose
- Resource group id
- resource:2b17750e4da9df960a83
- Deposit or zone
- West Mwombezhi
- Mining method
- open_pit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 30700000
- Grade
- 0.02
- Grade Unit
- g/t
- Contained Metal
- 19300
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-05-20
- Prior Tonnes
- 174000000
- Prior Grade
- 0.44
- Prior Contained Metal
- 772
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The maiden Inferred resource for West Mwombezhi includes a gold component, significantly enhancing the project's multi-commodity value and economics.
Positive factors
- Adds multi-commodity value
- Maiden resource for West Mwombezhi
- Enhances project economics
Negative factors
- Lower confidence (Inferred category)
Evidence · table
“0.02”
Context: 30.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off 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
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 30700000 against 174000000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.02 against 0.44 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 19300 against 772 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Metallurgical Results (12)
flotationMumbezhi Copper Project · copperRecovery: 95.3 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa fresh composite
Recovery
- Recovery
- 95.3 %
- Conc. Grade
- 27.5
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High copper recovery and concentrate grade achieved from Kabikupa fresh composite using conventional flotation, supporting project viability.
Positive factors
- High copper recovery
- High concentrate grade
- Conventional processing route
Evidence · text
“Kabikupa fresh composite achieved a copper concentrate of 27.5% Cu and 310 ppm Co at 95.3% Cu recovery after only one cleaning stage.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 95.3% is at or above the exceptional band (92%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · cobaltView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa fresh composite
Recovery
- Conc. Grade
- 310
- Conc. Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Cobalt content in the concentrate adds to the multi-commodity potential of the project.
Positive factors
- Cobalt present in concentrate
- Adds multi-commodity value
Evidence · text
“Kabikupa fresh composite achieved a copper concentrate of 27.5% Cu and 310 ppm Co at 95.3% Cu recovery after only one cleaning stage.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · copperRecovery: 96.2 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Nyungu Central fresh composite
Recovery
- Recovery
- 96.2 %
- Conc. Grade
- 24.6
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High copper recovery and concentrate grade achieved from Nyungu Central fresh composite using conventional flotation, supporting project viability.
Positive factors
- High copper recovery
- High concentrate grade
- Conventional processing route
Evidence · text
“Nyungu Central fresh composite achieved a copper concentrate of 24.6% Cu and 0.9% Co at 96.2% Cu recovery after a single cleaning stage.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 96.2% is at or above the exceptional band (92%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · cobaltView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Nyungu Central fresh composite
Recovery
- Conc. Grade
- 0.9
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Cobalt content in the concentrate adds to the multi-commodity potential of the project.
Positive factors
- Cobalt present in concentrate
- Adds multi-commodity value
Evidence · text
“Nyungu Central fresh composite achieved a copper concentrate of 24.6% Cu and 0.9% Co at 96.2% Cu recovery after a single cleaning stage.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · copperRecovery: 81.4 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Nyungu Central transition composite
Recovery
- Recovery
- 81.4 %
- Conc. Grade
- 32.1
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Very high copper concentrate grade and good recovery achieved from Nyungu Central transition composite using conventional flotation, supporting project viability.
Positive factors
- Very high concentrate grade
- Good copper recovery
- Conventional processing route
Evidence · text
“Nyungu Central transition composite achieved a copper concentrate of 32.1% Cu and 9.1% Co at 81.4% Cu recovery after two cleaning stages.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · cobaltView all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- preliminary
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Nyungu Central transition composite
Recovery
- Conc. Grade
- 9.1
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High cobalt content in the concentrate adds significant multi-commodity potential to the project.
Positive factors
- High cobalt grade in concentrate
- Adds multi-commodity value
Evidence · text
“Nyungu Central transition composite achieved a copper concentrate of 32.1% Cu and 9.1% Co at 81.4% Cu recovery after two cleaning stages.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · copperRecovery: 94.7 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa transition composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 94.7 %
- Conc. Grade
- 31.9
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 9 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Excellent copper recovery and very high concentrate grade achieved from Kabikupa transition composite using conventional flotation, with a coarse primary grind size.
Positive factors
- High copper recovery
- Very high concentrate grade
- Conventional processing route
- Coarse primary grind size
Evidence · table
“31.9”
Context: 94.7
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94.7% is at or above the exceptional band (92%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · cobaltRecovery: 2 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa transition composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 2 %
- Conc. Grade
- 0.01
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 9 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Low cobalt recovery but presence in concentrate adds to multi-commodity potential, achieved with conventional flotation.
Positive factors
- Cobalt present in concentrate
- Conventional processing route
Negative factors
- Low cobalt recovery
Evidence · table
“0.01”
Context: 2.0
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · sulfurRecovery: 91.3 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- sulfur
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa transition composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 91.3 %
- Conc. Grade
- 16.2
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 9 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High sulfur recovery into concentrate using conventional flotation, indicating efficient sulfide mineral separation.
Positive factors
- High sulfur recovery
- Conventional processing route
Evidence · table
“16.2”
Context: 91.3
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · copperRecovery: 94.3 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- copper
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa low-grade fresh composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 94.3 %
- Conc. Grade
- 25
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 12 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Excellent copper recovery and high concentrate grade achieved from Kabikupa low-grade fresh composite using conventional flotation, with a coarse primary grind size.
Positive factors
- High copper recovery
- High concentrate grade
- Conventional processing route
- Coarse primary grind size
Evidence · table
“25.0”
Context: 94.3
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94.3% is at or above the exceptional band (92%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · cobaltRecovery: 7.6 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- cobalt
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa low-grade fresh composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 7.6 %
- Conc. Grade
- 0.04
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 12 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Low cobalt recovery but presence in concentrate adds to multi-commodity potential, achieved with conventional flotation.
Positive factors
- Cobalt present in concentrate
- Conventional processing route
Negative factors
- Low cobalt recovery
Evidence · table
“0.04”
Context: 7.6
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationMumbezhi Copper Project · sulfurRecovery: 86.2 %View all detailsHide details
Identity
- Project
- Mumbezhi Copper Project
- Commodity
- sulfur
- Region
- zambia
- Reported Region
- Zambia
- Ticker
- PSC
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- flotation
- Sample
- Kabikupa low-grade fresh composite
- Grind P80
- 250 µm
Recovery
- Recovery
- 86.2 %
- Conc. Grade
- 20.5
- Conc. Grade Unit
- %
Reagents
- Reagent Notes
- Rougher flotation time of 12 minutes using a xanthate collector at pH 9. Regrind of rougher concentrate to a P80 of 75μm prior to cleaning. One stage of cleaning at pH 10.5.
Lab
- Laboratory
- Core Metallurgy Pty Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High sulfur recovery into concentrate using conventional flotation, indicating efficient sulfide mineral separation.
Positive factors
- High sulfur recovery
- Conventional processing route
Evidence · table
“20.5”
Context: 86.2
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
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.