QML: Drilling Program Doubled as Mt Chalmers Barge Results Near
Original announcement by asx on
- Company
- QMines Limited
- Ticker
- QML
- Exchange
- ASX
- Region
- Queensland
- Primary commodity
- Copper
- Secondary commodities
- Gold, Zinc, Silver, Lead, Sulfur
- Document categories
- Resource update, Drill results
- Extracted
- 2026-09-29 16:30:21 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
QMines Limited has announced a significant expansion of its drilling program, doubling it to 20,000 metres across its Central Queensland projects. This follows encouraging exploration success and aims to accelerate testing of priority targets and extensions to known mineralization at Mt Chalmers, Botos, and Woods Shaft. The company anticipates imminent assay results from the Mt Chalmers barge drilling program, which is the first drilling directly beneath the historic open pits in over 40 years.
Reasoning: QMines has doubled its drilling program to 20,000m across three key projects in Central Queensland, with highly anticipated results from the Mt Chalmers barge drilling imminent. The expanded program targets extensions to existing mineralization and aims to grow the company's resource base, indicating strong exploration momentum and potential for significant news flow.
Positive factors
- Expanded drilling program across multiple projects
- Highly anticipated results from Mt Chalmers barge drilling are imminent
- Targeting extensions to known mineralization at Mt Chalmers, Botos, and Woods Shaft
- Potential for resource growth and additional mill feed
- All resource estimates are JORC compliant and signed by Competent Persons
Negative factors
- Woods Shaft resource estimate is stale (effective date 2022)
- Mt Chalmers resource estimate is somewhat stale (effective date 2024)
Facts used in scoring: 50
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document includes multiple Mineral Resource Estimates and an Ore Reserve Estimate for several projects.
Evidence · text
“Ore Reserve - Mt Chalmers”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: All resource and reserve estimates are signed off by named Competent Persons (Mr Thomas Bartschi, Gary McCrae, Stephen Hyland).
Evidence · text
“The information in this announcement that relates to Exploration Results is based on information and supporting documentation compiled by, or under the direction of, Mr Thomas Bartschi, a Competent Person”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Competent Person statements explicitly mention compliance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).
Evidence · text
“Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Stephen Hyland, the Competent Person for Mineral Resource Estimates, is also a Qualified Person under NI 43-101.
Evidence · text
“Mr Hyland is also a Qualified Person under the rules of the Canadian Instrument NI 43 101.”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The company has elected to double its current 10,000 metre drilling campaign to 20,000m.
Evidence · text
“QMines has elected to double its current 10,000 metre drilling campaign following encouraging exploration success across the Company's Central Queensland projects”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling programs at Botos and Woods Shaft are designed to test extensions to known mineralization.
Evidence · text
“designed to confirm the historic deposit and test extensions”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Several projects, including Mt Chalmers, Develin Creek, Woods Shaft, and Mt Mackenzie, have reported Inferred Resources.
Evidence · table
“Inferred”
Context: 1.3
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Woods Shaft Mineral Resource Estimate has an effective date of 22 November 2022, which is over two years old.
Evidence · text
“Maiden Woods Shaft Resource, 22nd November 2022.”
Extracted facts
Stored fact records: 50. Some facts used in scoring do not have a stored record.
Drill Results (9)
Fact 1Mt Chalmers · copperNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Hole Depth
- 2500 m
Classification
- Program
- exploration
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers drilling program is targeting depth extensions beneath the historic open pits, representing a significant exploration effort with imminent results expected to provide new insights into the copper-gold system.
Positive factors
- Targeting depth extensions beneath historic open pits
- First drilling in this area in over 40 years
- Assay results are imminent
Evidence · text
“The Mt Chalmers program comprises 24 diamond holes for approximately 2,500 metres, with eight holes already completed and assay results imminent, designed to test the depth continuity of the copper-gold system beneath the existing open pits”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2Mt Chalmers · goldNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Hole Depth
- 2500 m
Classification
- Program
- exploration
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers drilling program is targeting depth extensions beneath the historic open pits, representing a significant exploration effort with imminent results expected to provide new insights into the copper-gold system.
Positive factors
- Targeting depth extensions beneath historic open pits
- First drilling in this area in over 40 years
- Assay results are imminent
Evidence · text
“The Mt Chalmers program comprises 24 diamond holes for approximately 2,500 metres, with eight holes already completed and assay results imminent, designed to test the depth continuity of the copper-gold system beneath the existing open pits”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Botos · copperNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Botos
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Hole Depth
- 11360 m
Classification
- Program
- exploration
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Botos drilling program is a major campaign aimed at confirming and extending a historic deposit, with the objective of establishing a new Mineral Resource, indicating significant exploration potential.
Positive factors
- Major drilling program underway
- Designed to confirm historic deposit and test extensions
- Potential to establish additional Mineral Resource
Evidence · text
“Drilling is also underway at Botos, where QMines has commenced a major 64-hole, 11,360-metre RC and diamond drilling program designed to confirm the historic deposit and test extensions”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 4Botos · goldNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Botos
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Hole Depth
- 11360 m
Classification
- Program
- exploration
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Botos drilling program is a major campaign aimed at confirming and extending a historic deposit, with the objective of establishing a new Mineral Resource, indicating significant exploration potential.
Positive factors
- Major drilling program underway
- Designed to confirm historic deposit and test extensions
- Potential to establish additional Mineral Resource
Evidence · text
“Drilling is also underway at Botos, where QMines has commenced a major 64-hole, 11,360-metre RC and diamond drilling program designed to confirm the historic deposit and test extensions”
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
BTDDH01Botos · goldGrade: 0.8Grade Unit: g/tIntercept: 33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BTDDH01
- Project
- Botos
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 33 m
- From
- 75 m
- To
- 108 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- BTDDH01:75-108
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This historical gold intercept at Botos shows good grade and width, supporting the potential of the deposit, though it is not a new result.
Positive factors
- Good grade for gold in a polymetallic system
- Intercept length is substantial
Negative factors
- Result is historical, not new
Evidence · text
“Historical drilling at Botos returned broad polymetallic mineralisation, including 33m @ 0.80g/t Au”
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
BTDDH01Botos · copperGrade: 0.16Grade Unit: %Intercept: 33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BTDDH01
- Project
- Botos
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Grade
- 0.16
- Grade Unit
- %
- Intercept
- 33 m
- From
- 75 m
- To
- 108 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- BTDDH01:75-108
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This historical copper intercept at Botos shows a moderate grade over a substantial width, indicating polymetallic potential, though it is not a new result.
Positive factors
- Intercept length is substantial
Negative factors
- Result is historical, not new
- Grade is moderate for copper
Evidence · text
“Historical drilling at Botos returned broad polymetallic mineralisation, including ... 0.16% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
BTDDH01Botos · zincGrade: 1.82Grade Unit: %Intercept: 33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BTDDH01
- Project
- Botos
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Grade
- 1.82
- Grade Unit
- %
- Intercept
- 33 m
- From
- 75 m
- To
- 108 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- BTDDH01:75-108
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This historical zinc intercept at Botos shows a moderate grade over a substantial width, indicating polymetallic potential, though it is not a new result.
Positive factors
- Intercept length is substantial
Negative factors
- Result is historical, not new
- Grade is moderate for zinc
Evidence · text
“Historical drilling at Botos returned broad polymetallic mineralisation, including ... 1.82% Zn”
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
BTDDH01Botos · leadGrade: 0.93Grade Unit: %Intercept: 33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BTDDH01
- Project
- Botos
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Grade
- 0.93
- Grade Unit
- %
- Intercept
- 33 m
- From
- 75 m
- To
- 108 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- BTDDH01:75-108
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This historical lead intercept at Botos shows a moderate grade over a substantial width, indicating polymetallic potential, though it is not a new result.
Positive factors
- Intercept length is substantial
Negative factors
- Result is historical, not new
- Grade is moderate for lead
Evidence · text
“Historical drilling at Botos returned broad polymetallic mineralisation, including ... 0.93% Pb”
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
BTDDH01Botos · silverGrade: 47Grade Unit: g/tIntercept: 33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BTDDH01
- Project
- Botos
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Geometry
- Grade
- 47
- Grade Unit
- g/t
- Intercept
- 33 m
- From
- 75 m
- To
- 108 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- BTDDH01:75-108
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This historical silver intercept at Botos shows a moderate grade over a substantial width, indicating polymetallic potential, though it is not a new result.
Positive factors
- Intercept length is substantial
Negative factors
- Result is historical, not new
- Grade is moderate for silver
Evidence · text
“Historical drilling at Botos returned broad polymetallic mineralisation, including ... 47g/t Ag”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (41)
Fact 1Woods Shaft · copperView all detailsHide details
Identity
- Project
- Woods Shaft
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Resource scope
- QP Signed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Woods Shaft drilling program is designed to extend an existing copper-gold resource along strike and at depth, indicating potential for resource growth.
Positive factors
- Targeting strike and depth extensions to existing resource
- Program scheduled to commence shortly
Evidence · text
“A further 39-hole, 7,000-metre drilling program at Woods Shaft is scheduled to commence shortly, targeting strike and depth extensions to the existing 0.54Mt copper-gold Mineral Resource.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 2Woods Shaft · goldView all detailsHide details
Identity
- Project
- Woods Shaft
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- QML
Resource scope
- QP Signed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Woods Shaft drilling program is designed to extend an existing copper-gold resource along strike and at depth, indicating potential for resource growth.
Positive factors
- Targeting strike and depth extensions to existing resource
- Program scheduled to commence shortly
Evidence · text
“A further 39-hole, 7,000-metre drilling program at Woods Shaft is scheduled to commence shortly, targeting strike and depth extensions to the existing 0.54Mt copper-gold Mineral Resource.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
provenMt Chalmers · copperTonnes: 5100000Grade: 0.72Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:1bf54349de75e465cee4
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- proven
- Tonnes
- 5100000
- Grade
- 0.72
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Proved Reserve demonstrates high confidence in the copper mineralization, with a good grade, though the estimate date is not recent.
Positive factors
- Proved Reserve category indicates high confidence
- Good copper grade for a reserve
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.72”
Context: 5.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
provenMt Chalmers · goldTonnes: 5100000Grade: 0.58Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:1bf54349de75e465cee4
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- proven
- Tonnes
- 5100000
- Grade
- 0.58
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Proved Reserve demonstrates high confidence in the gold mineralization, with a good grade, though the estimate date is not recent.
Positive factors
- Proved Reserve category indicates high confidence
- Good gold grade for a reserve
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.58”
Context: 5.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
provenMt Chalmers · zincTonnes: 5100000Grade: 0.25Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:1bf54349de75e465cee4
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- proven
- Tonnes
- 5100000
- Grade
- 0.25
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Proved Reserve includes a low zinc grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Proved Reserve category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low zinc grade for a reserve
Evidence · table
“0.25”
Context: 5.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
provenMt Chalmers · silverTonnes: 5100000Grade: 4.7Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:1bf54349de75e465cee4
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- proven
- Tonnes
- 5100000
- Grade
- 4.7
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Proved Reserve includes a low silver grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Proved Reserve category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low silver grade for a reserve
Evidence · table
“4.70”
Context: 5.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
provenMt Chalmers · sulfurTonnes: 5100000Grade: 5.8Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- sulfur
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:1bf54349de75e465cee4
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- proven
- Tonnes
- 5100000
- Grade
- 5.8
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Proved Reserve includes sulfur content, which can be a penalty element or a potential byproduct, and the estimate date is not recent.
Positive factors
- Proved Reserve category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“5.80”
Context: 5.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
probableMt Chalmers · copperTonnes: 4500000Grade: 0.57Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:4dcbdc03a0c8f0faac68
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 0.57
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Probable Reserve shows good tonnage and a reasonable copper grade, though lower than the Proved category, and the estimate date is not recent.
Positive factors
- Probable Reserve category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Grade is lower than Proved category
Evidence · table
“0.57”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
probableMt Chalmers · goldTonnes: 4500000Grade: 0.37Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:4dcbdc03a0c8f0faac68
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 0.37
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Probable Reserve shows good tonnage and a reasonable gold grade, though lower than the Proved category, and the estimate date is not recent.
Positive factors
- Probable Reserve category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Grade is lower than Proved category
Evidence · table
“0.37”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
probableMt Chalmers · zincTonnes: 4500000Grade: 0.29Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:4dcbdc03a0c8f0faac68
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 0.29
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Probable Reserve includes a low zinc grade, indicating it is likely a byproduct, and the estimate date is not recent.
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low zinc grade for a reserve
Evidence · table
“0.29”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
probableMt Chalmers · silverTonnes: 4500000Grade: 5.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:4dcbdc03a0c8f0faac68
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 5.5
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Probable Reserve includes a low silver grade, indicating it is likely a byproduct, and the estimate date is not recent.
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low silver grade for a reserve
Evidence · table
“5.50”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
probableMt Chalmers · sulfurTonnes: 4500000Grade: 3.6Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- sulfur
- Ticker
- QML
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Gary McCrae
- Resource group id
- resource:4dcbdc03a0c8f0faac68
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 3.6
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Probable Reserve includes sulfur content, which can be a penalty element or a potential byproduct, and the estimate date is not recent.
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“3.60”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
measuredMt Chalmers · copperTonnes: 4200000Grade: 0.89Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:c1a32043486fac67cfbe
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- measured
- Tonnes
- 4200000
- Grade
- 0.89
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Measured Resource demonstrates high confidence in the copper mineralization with a good grade, though the estimate date is not recent.
Positive factors
- Measured Resource category indicates high confidence
- Good copper grade for a resource
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.89”
Context: 4.2
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
measuredMt Chalmers · goldTonnes: 4200000Grade: 0.69Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:c1a32043486fac67cfbe
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- measured
- Tonnes
- 4200000
- Grade
- 0.69
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Measured Resource demonstrates high confidence in the gold mineralization with a good grade, though the estimate date is not recent.
Positive factors
- Measured Resource category indicates high confidence
- Good gold grade for a resource
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.69”
Context: 4.2
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
measuredMt Chalmers · zincTonnes: 4200000Grade: 0.23Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:c1a32043486fac67cfbe
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- measured
- Tonnes
- 4200000
- Grade
- 0.23
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Measured Resource includes a low zinc grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Measured Resource category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low zinc grade for a resource
Evidence · table
“0.23”
Context: 4.2
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
measuredMt Chalmers · silverTonnes: 4200000Grade: 4.97Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:c1a32043486fac67cfbe
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- measured
- Tonnes
- 4200000
- Grade
- 4.97
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Measured Resource includes a low silver grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Measured Resource category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low silver grade for a resource
Evidence · table
“4.97”
Context: 4.2
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
measuredMt Chalmers · sulfurTonnes: 4200000Grade: 5.37Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- sulfur
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:c1a32043486fac67cfbe
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- measured
- Tonnes
- 4200000
- Grade
- 5.37
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Measured Resource includes sulfur content, which can be a penalty element or a potential byproduct, and the estimate date is not recent.
Positive factors
- Measured Resource category indicates high confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“5.37”
Context: 4.2
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedMt Chalmers · copperTonnes: 5800000Grade: 0.69Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:705e3339181906592b9f
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- indicated
- Tonnes
- 5800000
- Grade
- 0.69
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Indicated Resource demonstrates good confidence in the copper mineralization, though the estimate date is not recent.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.69”
Context: 5.8
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedMt Chalmers · goldTonnes: 5800000Grade: 0.28Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:705e3339181906592b9f
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- indicated
- Tonnes
- 5800000
- Grade
- 0.28
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Indicated Resource demonstrates good confidence in the gold mineralization, though the estimate date is not recent.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.28”
Context: 5.8
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedMt Chalmers · zincTonnes: 5800000Grade: 0.19Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:705e3339181906592b9f
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- indicated
- Tonnes
- 5800000
- Grade
- 0.19
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Indicated Resource includes a low zinc grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low zinc grade for a resource
Evidence · table
“0.19”
Context: 5.8
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedMt Chalmers · silverTonnes: 5800000Grade: 3.99Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:705e3339181906592b9f
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- indicated
- Tonnes
- 5800000
- Grade
- 3.99
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Indicated Resource includes a low silver grade, indicating it is likely a byproduct, and the estimate date is not recent.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
- Low silver grade for a resource
Evidence · table
“3.99”
Context: 5.8
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedMt Chalmers · sulfurTonnes: 5800000Grade: 3.77Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- sulfur
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:705e3339181906592b9f
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- indicated
- Tonnes
- 5800000
- Grade
- 3.77
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Indicated Resource includes sulfur content, which can be a penalty element or a potential byproduct, and the estimate date is not recent.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Estimate effective date is somewhat stale (2024)
Evidence · table
“3.77”
Context: 5.8
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredMt Chalmers · copperTonnes: 1300000Grade: 0.6Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:88702bfad1433a0018c6
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.6
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Inferred Resource provides an indication of potential copper mineralization but with lower confidence, and the estimate date is not recent.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.60”
Context: 1.3
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredMt Chalmers · goldTonnes: 1300000Grade: 0.19Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:88702bfad1433a0018c6
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.19
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Inferred Resource provides an indication of potential gold mineralization but with lower confidence, and the estimate date is not recent.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is somewhat stale (2024)
Evidence · table
“0.19”
Context: 1.3
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredMt Chalmers · zincTonnes: 1300000Grade: 0.27Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:88702bfad1433a0018c6
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.27
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Inferred Resource includes a low zinc grade, indicating it is likely a byproduct, and the estimate date is not recent.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is somewhat stale (2024)
- Low zinc grade for a resource
Evidence · table
“0.27”
Context: 1.3
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredMt Chalmers · silverTonnes: 1300000Grade: 5.41Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:88702bfad1433a0018c6
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 5.41
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Inferred Resource includes a low silver grade, indicating it is likely a byproduct, and the estimate date is not recent.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is somewhat stale (2024)
- Low silver grade for a resource
Evidence · table
“5.41”
Context: 1.3
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredMt Chalmers · sulfurTonnes: 1300000Grade: 2.02Grade Unit: %View all detailsHide details
Identity
- Project
- Mt Chalmers
- Commodity
- sulfur
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2024-04-30T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:88702bfad1433a0018c6
- Deposit or zone
- Mt Chalmers
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 2.02
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2024-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Chalmers Inferred Resource includes sulfur content, which can be a penalty element or a potential byproduct, and the estimate date is not recent.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is somewhat stale (2024)
Evidence · table
“2.02”
Context: 1.3
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedDevelin Creek · copperTonnes: 4220000Grade: 0.98Grade Unit: %View all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:0e1f757a213101cb8d35
- Deposit or zone
- Develin Creek
Resource Data
- Category
- indicated
- Tonnes
- 4220000
- Grade
- 0.98
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Indicated Resource shows good confidence and a strong copper grade, contributing to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
- Good copper grade for a resource
Evidence · table
“0.98”
Context: 4.22
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedDevelin Creek · zincTonnes: 4220000Grade: 1.08Grade Unit: %View all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:0e1f757a213101cb8d35
- Deposit or zone
- Develin Creek
Resource Data
- Category
- indicated
- Tonnes
- 4220000
- Grade
- 1.08
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Indicated Resource shows good confidence and a strong zinc grade, contributing to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
- Good zinc grade for a resource
Evidence · table
“1.08”
Context: 4.22
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedDevelin Creek · goldTonnes: 4220000Grade: 0.16Grade Unit: g/tView all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:0e1f757a213101cb8d35
- Deposit or zone
- Develin Creek
Resource Data
- Category
- indicated
- Tonnes
- 4220000
- Grade
- 0.16
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Indicated Resource includes a low gold grade, indicating it is likely a byproduct, and contributes to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Low gold grade for a resource
Evidence · table
“0.16”
Context: 4.22
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedDevelin Creek · silverTonnes: 4220000Grade: 6Grade Unit: g/tView all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:0e1f757a213101cb8d35
- Deposit or zone
- Develin Creek
Resource Data
- Category
- indicated
- Tonnes
- 4220000
- Grade
- 6
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Indicated Resource includes a low silver grade, indicating it is likely a byproduct, and contributes to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Low silver grade for a resource
Evidence · table
“6.0”
Context: 4.22
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredDevelin Creek · copperTonnes: 480000Grade: 0.61Grade Unit: %View all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:da0af4a021a671b60a8c
- Deposit or zone
- Develin Creek
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 0.61
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Inferred Resource provides an indication of potential copper mineralization but with lower confidence.
Negative factors
- Inferred Resource category indicates lower confidence
Evidence · table
“0.61”
Context: 0.48
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredDevelin Creek · zincTonnes: 480000Grade: 0.41Grade Unit: %View all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- zinc
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:da0af4a021a671b60a8c
- Deposit or zone
- Develin Creek
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 0.41
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Inferred Resource provides an indication of potential zinc mineralization but with lower confidence and a low grade.
Negative factors
- Inferred Resource category indicates lower confidence
- Low zinc grade for a resource
Evidence · table
“0.41”
Context: 0.48
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredDevelin Creek · goldTonnes: 480000Grade: 0.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:da0af4a021a671b60a8c
- Deposit or zone
- Develin Creek
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 0.1
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Inferred Resource provides an indication of potential gold mineralization but with lower confidence and a very low grade.
Negative factors
- Inferred Resource category indicates lower confidence
- Very low gold grade for a resource
Evidence · table
“0.10”
Context: 0.48
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredDevelin Creek · silverTonnes: 480000Grade: 3.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Develin Creek
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-23T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:da0af4a021a671b60a8c
- Deposit or zone
- Develin Creek
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 3.5
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2026-02-23
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Develin Creek Inferred Resource provides an indication of potential silver mineralization but with lower confidence and a low grade.
Negative factors
- Inferred Resource category indicates lower confidence
- Low silver grade for a resource
Evidence · table
“3.5”
Context: 0.48
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWoods Shaft · copperTonnes: 540000Grade: 0.5Grade Unit: %View all detailsHide details
Identity
- Project
- Woods Shaft
- Commodity
- copper
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2022-11-22T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:49286642270de9153a40
- Deposit or zone
- Woods Shaft
Resource Data
- Category
- inferred
- Tonnes
- 540000
- Grade
- 0.5
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2022-11-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Woods Shaft Inferred Resource provides an indication of potential copper mineralization but with lower confidence and a stale effective date.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is stale (2022)
Evidence · table
“0.50”
Context: 0.54
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.8 years before this release
inferredWoods Shaft · goldTonnes: 540000Grade: 0.95Grade Unit: g/tView all detailsHide details
Identity
- Project
- Woods Shaft
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2022-11-22T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:49286642270de9153a40
- Deposit or zone
- Woods Shaft
Resource Data
- Category
- inferred
- Tonnes
- 540000
- Grade
- 0.95
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2022-11-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Woods Shaft Inferred Resource provides an indication of potential gold mineralization but with lower confidence and a stale effective date.
Negative factors
- Inferred Resource category indicates lower confidence
- Estimate effective date is stale (2022)
Evidence · table
“0.95”
Context: 0.54
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.8 years before this release
indicatedMt Mackenzie · goldTonnes: 3770000Grade: 0.99Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Mackenzie
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2025-08-05T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:41a9beb1ba982a4d6237
- Deposit or zone
- Mt Mackenzie
Resource Data
- Category
- indicated
- Tonnes
- 3770000
- Grade
- 0.99
- Grade Unit
- g/t
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-08-05
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Mackenzie Indicated Resource shows good confidence and a strong gold grade, contributing to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
- Good gold grade for a resource
Evidence · table
“0.99”
Context: 3.77
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedMt Mackenzie · silverTonnes: 3770000Grade: 7.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Mackenzie
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2025-08-05T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:41a9beb1ba982a4d6237
- Deposit or zone
- Mt Mackenzie
Resource Data
- Category
- indicated
- Tonnes
- 3770000
- Grade
- 7.3
- Grade Unit
- g/t
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-08-05
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Mackenzie Indicated Resource includes a low silver grade, indicating it is likely a byproduct, and contributes to the company's overall resource base.
Positive factors
- Indicated Resource category indicates good confidence
Negative factors
- Low silver grade for a resource
Evidence · table
“7.3”
Context: 3.77
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Mackenzie · goldTonnes: 1450000Grade: 1.07Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Mackenzie
- Commodity
- gold
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2025-08-05T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:fe0b9a5ee8b0815f015b
- Deposit or zone
- Mt Mackenzie
Resource Data
- Category
- inferred
- Tonnes
- 1450000
- Grade
- 1.07
- Grade Unit
- g/t
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-08-05
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Mackenzie Inferred Resource provides an indication of potential gold mineralization but with lower confidence.
Negative factors
- Inferred Resource category indicates lower confidence
Evidence · table
“1.07”
Context: 1.45
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Mackenzie · silverTonnes: 1450000Grade: 4.9Grade Unit: g/tView all detailsHide details
Identity
- Project
- Mt Mackenzie
- Commodity
- silver
- Ticker
- QML
Resource scope
- Estimate type
- resource
- Effective date
- 2025-08-05T00:00:00.000Z
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Stephen Hyland
- Resource group id
- resource:fe0b9a5ee8b0815f015b
- Deposit or zone
- Mt Mackenzie
Resource Data
- Category
- inferred
- Tonnes
- 1450000
- Grade
- 4.9
- Grade Unit
- g/t
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-08-05
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The Mt Mackenzie Inferred Resource provides an indication of potential silver mineralization but with lower confidence and a low grade.
Negative factors
- Inferred Resource category indicates lower confidence
- Low silver grade for a resource
Evidence · table
“4.9”
Context: 1.45
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
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.