# R8R: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146155 Publisher: asx Original announcement: 2026-09-30T03:51:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T04:27:00.845Z Atlas analysis updated: 2026-09-30T04:27:00.845Z - Company: Regener8 Resources NL - Ticker: R8R - Exchange: ASX - Region: Bosnia and Herzegovina - Primary commodity: Polymetallic - Secondary commodities: Silver, Copper, Antimony, Zinc, Lead, Gold, Nickel, Cobalt, Rare earth elements, Niobium - Document categories: Drill results, Agreement transaction, Capital raise - Extracted: 2026-09-30 04:27:01 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Regener8 Resources NL's annual report highlights a strategic shift with the acquisition of the polymetallic Srebrenica North Project in Bosnia and Herzegovina and the divestment of the Kookynie Gold Project. The company successfully completed capital raises totaling over $2.2 million and appointed a new Managing Director. Exploration activities included initial soil sampling at Srebrenica North and North Achilles, yielding promising anomalies, while a maiden drill program at East Ponton returned mixed results, confirming a polymetallic system but with some grades lower than historical intercepts. Reasoning: The annual report details significant corporate activity including a strategic acquisition in Bosnia and Herzegovina, successful capital raises, and new leadership, alongside early-stage exploration progress and the divestment of a non-core asset, indicating a strategic shift and active project advancement. While some drill results were mixed, the overall strategic direction and funding are positive. - Positive factor: Strategic acquisition of Srebrenica North Project - Positive factor: Successful capital raises providing funding for exploration - Positive factor: Appointment of new Managing Director with relevant experience - Positive factor: Positive early-stage exploration results \(soil anomalies\) at Srebrenica North and North Achilles - Positive factor: Divestment of non-core Kookynie Gold Project - Negative factor: Mixed drill results at East Ponton with some Ni-Co grades lower than historical intercepts - Negative factor: No significant assay results from Grasshopper REE-Nb prospect drilling - Negative factor: Impairment of some exploration assets Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 14 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The report includes Competent Persons' Statements by Mr Mladen Stevanovic \(FAusIMM \(CP\)\) and Mr Nicholas Walker \(AIG\), indicating professional sign-off on exploration results. Evidence · text > The information in this announcement that relates to the current and historical exploration results for the Srebrenica North Ag-Cu-Zn-Pb Projects is an accurate representation of the available data and studies for the project compiled by Mr Mladen Stevanovic, who is a Fellow of the Australian Institute of Mining and Metallurgy \(FAusIMM \(CP\) – 333579\). **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: The drill results table for East Ponton does not specify the cut-off grades used for reporting the intercepts. Evidence · table > Table 1: Au \(>0.1 g/t\), Ni \(>500ppm Ni\) and Co intercepts from East Ponton Phase 1 drilling **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The North Achilles project is highlighted due to its proximity to AGC’s Achilles discovery, and the Srebrenica North Project is positioned between two operating mines owned by Mineco. Evidence · text > The North Achilles project \(southern Cobar Basin, NSW - Figure 5\) is located immediately adjacent to tenements held by Australian Gold and Copper Ltd \(ASX:AGC\) and approximately 2.2km north of the recent Achilles discovery. ## Extracted facts Stored fact records: 14. Some facts used in scoring do not have a stored record. ## Drill Results (14) ### EPAC001 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-0) East Ponton · gold #### Identity - Hole ID: EPAC001 - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.29 - Grade Unit: g/t - Intercept: 1 m - From: 36 m - To: 37 m - Intercept Depth: 36 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC001:36-37 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Low grade gold intercept from early stage drilling. Evidence · table > 0.29 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ### EPAC001 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-1) East Ponton · gold #### Identity - Hole ID: EPAC001 - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.14 - Grade Unit: g/t - Intercept: 1 m - From: 38 m - To: 39 m - Intercept Depth: 36 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC001:38-39 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Low grade gold intercept from early stage drilling. Evidence · table > 0.14 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ### EPAC003 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-2) East Ponton · gold #### Identity - Hole ID: EPAC003 - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.16 - Grade Unit: g/t - Intercept: 4 m - From: 40 m - To: 44 m - Intercept Depth: 40 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC003:40-44 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Low grade gold intercept from early stage drilling. Evidence · table > 0.16 Context: 4 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ### EPAC006 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-3) East Ponton · gold #### Identity - Hole ID: EPAC006 - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.25 - Grade Unit: g/t - Intercept: 15 m - From: 60 m - To: 75 m - Intercept Depth: 60 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC006:60-75 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Wider and higher grade gold intercept than previous results, indicating potential extension. - Positive factor: Step-Out Extension Evidence · table > 0.25 Context: 15 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: Mineralization extended beyond the previously known limit. Reason: Gold mineralisation intercepted in EPAC006 was significantly wider and higher grade than previous intercepts at Hatlifter. Evidence · text > Conversely, the gold mineralisation intercepted in the northern hole EPAC006 was significantly wider and higher grade than previous intercepts at Hatlifter. ### EPAC006 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-4) East Ponton · gold #### Identity - Hole ID: EPAC006 - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.53 - Grade Unit: g/t - Intercept: 2 m - From: 72 m - To: 74 m - Intercept Depth: 60 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC006:72-74 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Higher grade gold sub-interval within a wider intercept, indicating a richer zone. - Positive factor: Bonanza Intercept Evidence · table > 0.53 Context: 2 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Reason: 0.53 g/t Au is a good grade for a paleochannel-hosted gold target, especially within a wider intercept. Evidence · table > 0.53 Context: 2 ### EPAC001 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-5) East Ponton · nickel #### Identity - Hole ID: EPAC001 - Project: East Ponton - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 801 - Grade Unit: ppm - Intercept: 1 m - From: 62 m - To: 63 m - Intercept Depth: 36 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC001:62-63 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Nickel intercept, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 801 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Ni assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### EPAC001 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-6) East Ponton · cobalt #### Identity - Hole ID: EPAC001 - Project: East Ponton - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 508 - Grade Unit: ppm - Intercept: 1 m - From: 62 m - To: 63 m - Intercept Depth: 36 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC001:62-63 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Cobalt intercept, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 508 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### EPAC003 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-7) East Ponton · nickel #### Identity - Hole ID: EPAC003 - Project: East Ponton - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 1205 - Grade Unit: ppm - Intercept: 1 m - From: 60 m - To: 61 m - Intercept Depth: 40 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC003:60-61 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Higher grade nickel sub-interval, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 1205 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Ni assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### EPAC003 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-8) East Ponton · cobalt #### Identity - Hole ID: EPAC003 - Project: East Ponton - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 681 - Grade Unit: ppm - Intercept: 1 m - From: 60 m - To: 61 m - Intercept Depth: 40 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC003:60-61 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Higher grade cobalt sub-interval, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 681 Context: 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### EPAC009 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-9) East Ponton · nickel #### Identity - Hole ID: EPAC009 - Project: East Ponton - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 833 - Grade Unit: ppm - Intercept: 3 m - From: 59 m - To: 62 m - Intercept Depth: 59 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC009:59-62 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Nickel intercept, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 833 Context: 3 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Ni assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### EPAC009 [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-10) East Ponton · cobalt #### Identity - Hole ID: EPAC009 - Project: East Ponton - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 466 - Grade Unit: ppm - Intercept: 3 m - From: 59 m - To: 62 m - Intercept Depth: 59 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EPAC009:59-62 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Cobalt intercept, but overall grades were lower than historic drilling. - Negative factor: Grade Decline Evidence · table > 466 Context: 3 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." #### Rejected tags **Grade Decline** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Reason: The returned Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining. Evidence · text > Overall, the returned Ni and Co assays from Regener8’s drilling were significantly lower in grade than those intercepted in historic drilling by Dominion Mining ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-11) East Ponton · gold #### Identity - Hole ID: incl. - Project: East Ponton - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 0.53 - Grade Unit: ppm - Intercept: 2 m - From: 72 m - To: 74 m - Intercept Depth: 72 m #### Classification - Sample Type: drill - Group ID: incl.:72-74 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from assay table: 0.53 ppm gold, reported in a unit the rubric does not cover \(g/t\). - Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored. Evidence · table > 0.53 Context: incl. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-12) East Ponton · nickel #### Identity - Hole ID: incl. - Project: East Ponton - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 1205 - Grade Unit: ppm - Intercept: 1 m - From: 60 m - To: 61 m - Intercept Depth: 60 m #### Classification - Sample Type: drill - Group ID: incl.:60-61 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from assay table: 1205 ppm nickel, reported in a unit the rubric does not cover \(%\). - Negative factor: Grade unit ppm does not match the nickel rubric unit %; not scored. Evidence · table > 1205 Context: incl. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ### incl. [Link to this fact](https://atlas-staging.minestarters.com/news/r8r-annual-report-to-shareholders--24b19490-21dc-4cae-a07b-9a138cf7907f#fact-drill-facts-13) East Ponton · cobalt #### Identity - Hole ID: incl. - Project: East Ponton - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: R8R #### Geometry - Grade: 681 - Grade Unit: ppm - Intercept: 1 m - From: 60 m - To: 61 m - Intercept Depth: 60 m #### Classification - Sample Type: drill - Group ID: incl.:60-61 #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Expanded from assay table: 681 ppm cobalt, reported in a unit the rubric does not cover \(%\). - Negative factor: Grade unit ppm does not match the cobalt rubric unit %; not scored. Evidence · table > 681 Context: incl. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "• Terra Balcanica \(High-Grade Discovery\): Immediately adjacent to the Project, Terra Balcanica Resources Corp." ## 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.