# RAP: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146212 Publisher: asx Original announcement: 2026-09-30T04:39:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T05:13:19.754Z Atlas analysis updated: 2026-09-30T05:13:19.754Z - Company: Raptor Metals Ltd - Ticker: RAP - Exchange: ASX - Region: New Brunswick, Canada - Primary commodity: Copper - Secondary commodities: Zinc, Lead, Silver, Gold, Cobalt - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-30 05:13:20 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Raptor Metals Ltd's annual report for FY2026 details a transformational year, including a strategic shift to Canadian copper and polymetallic projects. The company completed a maiden 19-hole drill program at its flagship Chester Copper Project, reporting high-grade copper and polymetallic intersections that confirmed and extended mineralization. It also acquired the Coyote and Foghorn projects, expanding its regional footprint, and commenced metallurgical test work at Chester. Reasoning: Raptor Metals Ltd successfully transitioned its strategic focus to Canadian copper and polymetallic projects, reporting strong drill results that confirmed and extended mineralization at its flagship Chester project. The company also expanded its project portfolio through acquisitions and initiated metallurgical test work, indicating progress towards development. However, the resource estimate is a restatement of prior data, and historical results from new acquisitions are not JORC compliant. - Positive factor: Successful strategic transition to Canadian copper and polymetallic projects - Positive factor: Positive drill results confirming high-grade copper and polymetallic mineralization at Chester - Positive factor: Drilling extended the interpreted mineralized strike at Chester to over 2.5km - Positive factor: Acquisition of new projects \(Coyote and Foghorn\) expands regional footprint - Positive factor: Metallurgical test work commenced at flagship project - Negative factor: Resource estimate is a restatement of prior data with no new information - Negative factor: Drill intersections are down-hole widths only, true widths are not known - Negative factor: Metal equivalent assumptions for drill results are not disclosed in this document - Negative factor: Historical exploration results from acquired projects are not JORC compliant and lack QP/CP sign-off Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 61 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 61. Some facts used in scoring do not have a stored record. ## Drill Results (54) ### CDH001 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-7) Chester · copper #### Identity - Hole ID: CDH001 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.05 - Grade Unit: % - Intercept: 30 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.44 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Significant intercept length and good copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH001 3.58m @ 2.91% Cu from 11.55m and 3.16m @ 2.80% Cu from 82.64m, within an aggregate 30.0m @ 1.44% CuEq \(1.05% Cu\) #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH001 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-8) Chester · copper #### Identity - Hole ID: CDH001 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.91 - Grade Unit: % - Intercept: 3.58 m - From: 11.55 m - To: 15.13 m - Intercept Depth: 11.55 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH001:11.55-15.13 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a high copper grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: High copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH001 3.58m @ 2.91% Cu from 11.55m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH001 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-9) Chester · copper #### Identity - Hole ID: CDH001 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.8 - Grade Unit: % - Intercept: 3.16 m - From: 82.64 m - To: 85.8 m - Intercept Depth: 11.55 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH001:82.64-85.8 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a high copper grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: High copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > 3.16m @ 2.80% Cu from 82.64m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH002 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-10) Chester · copper #### Identity - Hole ID: CDH002 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.82 - Grade Unit: % - Intercept: 25.09 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.05 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Good intercept length and copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH002 3.25m @ 2.49% Cu from 124.5m, within an aggregate 25.09m @ 1.05% CuEq \(0.82% Cu\) #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH002 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-11) Chester · copper #### Identity - Hole ID: CDH002 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.49 - Grade Unit: % - Intercept: 3.25 m - From: 124.5 m - To: 127.75 m - Intercept Depth: 124.5 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH002:124.5-127.75 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a high copper grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: High copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH002 3.25m @ 2.49% Cu from 124.5m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-12) Chester · copper #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.59 - Grade Unit: % - Intercept: 18.29 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.78 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Good intercept length and copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH003 2.05m @ 1.54% Cu from 16.95m and 6.6m @ 0.74% Cu from 57.12m, within an aggregate 18.29m @ 1.78% CuEq \(0.59% Cu\) #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-13) Chester · copper #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.54 - Grade Unit: % - Intercept: 2.05 m - From: 16.95 m - To: 19 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:16.95-19 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH003 2.05m @ 1.54% Cu from 16.95m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-14) Chester · copper #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.74 - Grade Unit: % - Intercept: 6.6 m - From: 57.12 m - To: 63.72 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:57.12-63.72 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a moderate length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a moderate length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > 6.6m @ 0.74% Cu from 57.12m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-15) Chester · copper #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 25.05 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.06 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Significant intercept length and good copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH004 11.02m @ 1.98% Cu from 53.22m and 7.0m @ 1.29% Cu from 13m, within an aggregate 25.05m @ 2.06% CuEq \(1.20% Cu\) #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-16) Chester · copper #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.98 - Grade Unit: % - Intercept: 11.02 m - From: 53.22 m - To: 64.24 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:53.22-64.24 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a significant length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a significant length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH004 11.02m @ 1.98% Cu from 53.22m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-17) Chester · copper #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.29 - Grade Unit: % - Intercept: 7 m - From: 13 m - To: 20 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:13-20 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a moderate length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a moderate length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > 7.0m @ 1.29% Cu from 13m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH005 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-18) Chester · copper #### Identity - Hole ID: CDH005 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.58 - Grade Unit: % - Intercept: 30 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.27 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Significant intercept length and good copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH005 10.4m @ 0.91% Cu from 40.2m, within an aggregate 30.0m @ 1.27% CuEq \(0.58% Cu\) #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH005 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-19) Chester · copper #### Identity - Hole ID: CDH005 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.91 - Grade Unit: % - Intercept: 10.4 m - From: 40.2 m - To: 50.6 m - Intercept Depth: 40.2 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH005:40.2-50.6 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a significant length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a significant length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH005 10.4m @ 0.91% Cu from 40.2m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-20) Chester · copper #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.74 - Grade Unit: % - Intercept: 14 m - From: 13 m - To: 27 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:13-27 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.39 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Significant polymetallic intercept with good copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 14.0m @ 2.39% CuEq, comprising 0.74% Cu, 4.44% Zn, 1.60% Pb and 22.02g/t Ag from 13m in CDH004 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-21) Chester · zinc #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 4.44 - Grade Unit: % - Intercept: 14 m - From: 13 m - To: 27 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:13-27 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.39 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good zinc grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good zinc grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 14.0m @ 2.39% CuEq, comprising 0.74% Cu, 4.44% Zn, 1.60% Pb and 22.02g/t Ag from 13m in CDH004 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-22) Chester · lead #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: lead - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.6 - Grade Unit: % - Intercept: 14 m - From: 13 m - To: 27 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:13-27 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.39 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good lead grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good lead grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 14.0m @ 2.39% CuEq, comprising 0.74% Cu, 4.44% Zn, 1.60% Pb and 22.02g/t Ag from 13m in CDH004 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH004 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-23) Chester · silver #### Identity - Hole ID: CDH004 - Project: Chester - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 22.02 - Grade Unit: g/t - Intercept: 14 m - From: 13 m - To: 27 m - Intercept Depth: 13 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH004:13-27 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.39 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good silver grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good silver grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 14.0m @ 2.39% CuEq, comprising 0.74% Cu, 4.44% Zn, 1.60% Pb and 22.02g/t Ag from 13m in CDH004 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-24) Chester · copper #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.49 - Grade Unit: % - Intercept: 10.69 m - From: 16.95 m - To: 27.64 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:16.95-27.64 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.46 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good copper grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 10.69m @ 2.46% CuEq, comprising 0.49% Cu, 5.73% Zn, 2.09% Pb and 18.35g/t Ag from 16.95m in CDH003 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-25) Chester · zinc #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 5.73 - Grade Unit: % - Intercept: 10.69 m - From: 16.95 m - To: 27.64 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:16.95-27.64 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.46 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good zinc grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good zinc grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 10.69m @ 2.46% CuEq, comprising 0.49% Cu, 5.73% Zn, 2.09% Pb and 18.35g/t Ag from 16.95m in CDH003 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-26) Chester · lead #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: lead - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.09 - Grade Unit: % - Intercept: 10.69 m - From: 16.95 m - To: 27.64 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:16.95-27.64 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.46 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good lead grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good lead grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 10.69m @ 2.46% CuEq, comprising 0.49% Cu, 5.73% Zn, 2.09% Pb and 18.35g/t Ag from 16.95m in CDH003 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH003 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-27) Chester · silver #### Identity - Hole ID: CDH003 - Project: Chester - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 18.35 - Grade Unit: g/t - Intercept: 10.69 m - From: 16.95 m - To: 27.64 m - Intercept Depth: 16.95 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH003:16.95-27.64 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.46 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good silver grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good silver grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > 10.69m @ 2.46% CuEq, comprising 0.49% Cu, 5.73% Zn, 2.09% Pb and 18.35g/t Ag from 16.95m in CDH003 #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-28) Chester · copper #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.71 - Grade Unit: % - Intercept: 11.75 m - From: 10 m - To: 21.75 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-21.75 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a significant length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH010: 11.75m @ 1.71% Cu from 10m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-29) Chester · copper #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 3.38 - Grade Unit: % - Intercept: 3.1 m - From: 10 m - To: 13.1 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-13.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.19 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a very high copper grade, which is an excellent result for the project. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Very high copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > including 3.1m @ 5.19% CuEq comprising 3.38% Cu, 1.80% Pb, 4.70% Zn, 0.017% Co and 21.8g/t Ag #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-30) Chester · lead #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: lead - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.8 - Grade Unit: % - Intercept: 3.1 m - From: 10 m - To: 13.1 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-13.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.19 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a high lead grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: High lead grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > including 3.1m @ 5.19% CuEq comprising 3.38% Cu, 1.80% Pb, 4.70% Zn, 0.017% Co and 21.8g/t Ag #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-31) Chester · zinc #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 4.7 - Grade Unit: % - Intercept: 3.1 m - From: 10 m - To: 13.1 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-13.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.19 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a high zinc grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: High zinc grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > including 3.1m @ 5.19% CuEq comprising 3.38% Cu, 1.80% Pb, 4.70% Zn, 0.017% Co and 21.8g/t Ag #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-32) Chester · cobalt #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: cobalt - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.017 - Grade Unit: % - Intercept: 3.1 m - From: 10 m - To: 13.1 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-13.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.19 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The presence of cobalt adds to the polymetallic nature of the intercept, which is positive. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Cobalt presence adds to polymetallic nature - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > including 3.1m @ 5.19% CuEq comprising 3.38% Cu, 1.80% Pb, 4.70% Zn, 0.017% Co and 21.8g/t Ag #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH010 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-33) Chester · silver #### Identity - Hole ID: CDH010 - Project: Chester - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 21.8 - Grade Unit: g/t - Intercept: 3.1 m - From: 10 m - To: 13.1 m - Intercept Depth: 10 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH010:10-13.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.19 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The presence of good silver grades adds to the polymetallic nature of the intercept, which is positive. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces overall confidence. - Positive factor: Good silver grade adds to polymetallic nature - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > including 3.1m @ 5.19% CuEq comprising 3.38% Cu, 1.80% Pb, 4.70% Zn, 0.017% Co and 21.8g/t Ag #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH006 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-34) Chester · copper #### Identity - Hole ID: CDH006 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.32 - Grade Unit: % - Intercept: 16.1 m - From: 6 m - To: 22.1 m - Intercept Depth: 6 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH006:6-22.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.96 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good copper equivalent grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good copper equivalent grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH006: 16.1m @ 1.96% CuEq comprising 0.32% Cu, 2.24% Pb, 4.30% Zn and 17.06g/t Ag from 6m #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH006 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-35) Chester · lead #### Identity - Hole ID: CDH006 - Project: Chester - Commodity: lead - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.24 - Grade Unit: % - Intercept: 16.1 m - From: 6 m - To: 22.1 m - Intercept Depth: 6 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH006:6-22.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.96 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good lead grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good lead grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH006: 16.1m @ 1.96% CuEq comprising 0.32% Cu, 2.24% Pb, 4.30% Zn and 17.06g/t Ag from 6m #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH006 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-36) Chester · zinc #### Identity - Hole ID: CDH006 - Project: Chester - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 4.3 - Grade Unit: % - Intercept: 16.1 m - From: 6 m - To: 22.1 m - Intercept Depth: 6 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH006:6-22.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.96 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good zinc grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good zinc grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH006: 16.1m @ 1.96% CuEq comprising 0.32% Cu, 2.24% Pb, 4.30% Zn and 17.06g/t Ag from 6m #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH006 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-37) Chester · silver #### Identity - Hole ID: CDH006 - Project: Chester - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 17.06 - Grade Unit: g/t - Intercept: 16.1 m - From: 6 m - To: 22.1 m - Intercept Depth: 6 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH006:6-22.1 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.96 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This polymetallic intercept shows good silver grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width and metal equivalent assumptions reduces confidence. - Positive factor: Significant polymetallic intercept with good silver grade - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known - Negative factor: Metal equivalent assumptions not disclosed in this document Evidence · text > CDH006: 16.1m @ 1.96% CuEq comprising 0.32% Cu, 2.24% Pb, 4.30% Zn and 17.06g/t Ag from 6m #### 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 **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH007 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-38) Chester · copper #### Identity - Hole ID: CDH007 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.18 - Grade Unit: % - Intercept: 9.5 m - From: 30.5 m - To: 40 m - Intercept Depth: 30.5 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH007:30.5-40 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows good copper grades over a significant length, contributing positively to the project's potential. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a significant length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH007: three separate copper-rich zones comprising 9.5m @ 1.18% Cu from 30.5m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH007 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-39) Chester · copper #### Identity - Hole ID: CDH007 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.53 - Grade Unit: % - Intercept: 3.85 m - From: 56.45 m - To: 60.3 m - Intercept Depth: 30.5 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH007:56.45-60.3 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a moderate length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a moderate length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > 3.85m @ 1.53% Cu from 56.45m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH007 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-40) Chester · copper #### Identity - Hole ID: CDH007 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.08 - Grade Unit: % - Intercept: 4.48 m - From: 62.72 m - To: 67.2 m - Intercept Depth: 30.5 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH007:62.72-67.2 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a good copper grade over a moderate length, which is a positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: Good copper grade over a moderate length - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > 4.48m @ 1.08% Cu from 62.72m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### CDH008 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-41) Chester · copper #### Identity - Hole ID: CDH008 - Project: Chester - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.65 - Grade Unit: % - Intercept: 3.55 m - From: 26.1 m - To: 29.65 m - Intercept Depth: 26.1 m #### Classification - Deposit Type: vms - Program: mixed - Sample Type: drill - Group ID: CDH008:26.1-29.65 - Mining Method: open\_pit #### Location - Location: East Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a high copper grade, which is a very positive result for the project. The reporting is JORC compliant and QP signed, but the lack of true width is a minor negative factor. - Positive factor: High copper grade for a VMS deposit - Positive factor: QP/CP signed and JORC compliant reporting - Negative factor: True width not known Evidence · text > CDH008: 3.55m @ 2.65% Cu from 26.1m #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-42) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 592 - Grade Unit: g/t - Intercept: 0.8 m - From: 59.6 m - To: 60.4 m - Intercept Depth: 59.6 m #### Classification - Sample Type: drill - Group ID: SJ09-01:59.6-60.4 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a high silver grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: High silver grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 592.00 Context: 0.80 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-43) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.95 - Grade Unit: % - Intercept: 0.8 m - From: 59.6 m - To: 60.4 m - Intercept Depth: 59.6 m #### Classification - Sample Type: drill - Group ID: SJ09-01:59.6-60.4 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good copper grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Good copper grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 1.95 Context: 0.80 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-44) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 7.39 - Grade Unit: % - Intercept: 0.8 m - From: 59.6 m - To: 60.4 m - Intercept Depth: 59.6 m #### Classification - Sample Type: drill - Group ID: SJ09-01:59.6-60.4 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good zinc grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Good zinc grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 7.39 Context: 0.80 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-45) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 128 - Grade Unit: g/t - Intercept: 1.1 m - From: 60.4 m - To: 61.5 m - Intercept Depth: 60.4 m #### Classification - Sample Type: drill - Group ID: SJ09-01:60.4-61.5 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate silver grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 128.00 Context: 1.10 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-46) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 1.1 m - From: 60.4 m - To: 61.5 m - Intercept Depth: 60.4 m #### Classification - Sample Type: drill - Group ID: SJ09-01:60.4-61.5 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate copper grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate copper grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 1.10 Context: 1.10 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-01 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-47) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-01 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 5.1 - Grade Unit: % - Intercept: 1.1 m - From: 60.4 m - To: 61.5 m - Intercept Depth: 60.4 m #### Classification - Sample Type: drill - Group ID: SJ09-01:60.4-61.5 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate zinc grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate zinc grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 5.10 Context: 1.10 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-04 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-48) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-04 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 423 - Grade Unit: g/t - Intercept: 0.7 m - From: 50 m - To: 50.7 m - Intercept Depth: 50 m #### Classification - Sample Type: drill - Group ID: SJ09-04:50-50.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a high silver grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: High silver grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 423.00 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-04 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-49) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-04 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.24 - Grade Unit: % - Intercept: 0.7 m - From: 50 m - To: 50.7 m - Intercept Depth: 50 m #### Classification - Sample Type: drill - Group ID: SJ09-04:50-50.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good copper grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Good copper grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 2.24 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09-04 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-50) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09-04 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 5.14 - Grade Unit: % - Intercept: 0.7 m - From: 50 m - To: 50.7 m - Intercept Depth: 50 m #### Classification - Sample Type: drill - Group ID: SJ09-04:50-50.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good zinc grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Good zinc grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 5.14 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-51) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 151 - Grade Unit: g/t - Intercept: 1 m - From: 46 m - To: 47 m - Intercept Depth: 46 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:46-47 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate silver grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 151.00 Context: 1.00 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-52) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 0.84 - Grade Unit: % - Intercept: 1 m - From: 46 m - To: 47 m - Intercept Depth: 46 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:46-47 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate copper grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate copper grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 0.84 Context: 1.00 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-53) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 3.64 - Grade Unit: % - Intercept: 1 m - From: 46 m - To: 47 m - Intercept Depth: 46 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:46-47 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate zinc grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Moderate zinc grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 3.64 Context: 1.00 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-54) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 585 - Grade Unit: g/t - Intercept: 0.7 m - From: 47 m - To: 47.7 m - Intercept Depth: 47 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:47-47.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a high silver grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: High silver grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 585.00 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-55) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 2.47 - Grade Unit: % - Intercept: 0.7 m - From: 47 m - To: 47.7 m - Intercept Depth: 47 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:47-47.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good copper grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: Good copper grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 2.47 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐12 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-56) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐12 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 14.6 - Grade Unit: % - Intercept: 0.7 m - From: 47 m - To: 47.7 m - Intercept Depth: 47 m #### Classification - Sample Type: drill - Group ID: SJ09‐12:47-47.7 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a high zinc grade, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. The narrow width also limits its materiality. - Positive factor: High zinc grade - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off - Negative factor: Narrow intercept length Evidence · table > 14.60 Context: 0.70 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐14 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-57) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐14 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 268.2 - Grade Unit: g/t - Intercept: 6.6 m - From: 44.7 m - To: 51.3 m - Intercept Depth: 44.7 m #### Classification - Sample Type: drill - Group ID: SJ09‐14:44.7-51.3 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a high silver grade over a moderate length, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. - Positive factor: High silver grade over a moderate length - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off Evidence · table > 268.20 Context: 6.60 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐14 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-58) Coyote · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐14 - Project: Coyote - Commodity: copper - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 1.27 - Grade Unit: % - Intercept: 6.6 m - From: 44.7 m - To: 51.3 m - Intercept Depth: 44.7 m #### Classification - Sample Type: drill - Group ID: SJ09‐14:44.7-51.3 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a moderate copper grade over a moderate length, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. - Positive factor: Moderate copper grade over a moderate length - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off Evidence · table > 1.27 Context: 6.60 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ09‐14 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-59) Coyote · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ09‐14 - Project: Coyote - Commodity: zinc - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 5.65 - Grade Unit: % - Intercept: 6.6 m - From: 44.7 m - To: 51.3 m - Intercept Depth: 44.7 m #### Classification - Sample Type: drill - Group ID: SJ09‐14:44.7-51.3 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This historical intercept shows a good zinc grade over a moderate length, but its novelty and confidence are low due to it being historical, not JORC compliant, and lacking QP/CP sign-off. - Positive factor: Good zinc grade over a moderate length - Negative factor: Historical data, not JORC compliant - Negative factor: No QP/CP sign-off Evidence · table > 5.65 Context: 6.60 #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### SJ10-21 [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-drill-facts-60) Coyote · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: SJ10-21 - Project: Coyote - Commodity: silver - Region: canada\_nb - Reported Region: canada\_nb - Ticker: RAP #### Geometry - Grade: 107.66 - Grade Unit: g/t - Intercept: 4.5 m - From: 40.95 m - To: 45.45 m - Intercept Depth: 40.95 m #### Classification - Sample Type: drill - Group ID: SJ10-21:40.95-45.45 #### Location - Location: Silverjack Prospect - Loc. Source: document #### QA/QC - QP Signed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-30T00:00:00.000Z - Positive factor: Moderate silver grade over a moderate length - Negative factor: Historical data, not JORC compliant #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (7) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-0) chester project · copper Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: copper - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:da7ab659d1f2088c4b29 #### Resource Data - Category: indicated - Tonnes: 4870000 - Grade: 1.13 - Grade Unit: % - Contained Metal: 120.28 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The indicated copper resource at Chester is JORC compliant and QP signed, providing a reasonable level of confidence. However, it is a restatement of a prior estimate with no new material information, limiting its novelty. - Positive factor: Resource is JORC compliant and QP signed - Positive factor: Indicated category provides reasonable geological confidence - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-1) chester project · copper Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: copper - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:a6722231954362e8ffc0 #### Resource Data - Category: inferred - Tonnes: 1820000 - Grade: 1.01 - Grade Unit: % - Contained Metal: 38.35 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The inferred copper resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The inferred category also implies lower geological confidence. - Positive factor: Resource is JORC compliant and QP signed - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Inferred category indicates lower geological confidence Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-2) chester project · lead Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: lead - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:da7ab659d1f2088c4b29 #### Resource Data - Category: indicated - Tonnes: 4870000 - Contained Metal: 13.66 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The indicated lead resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The absence of a grade in the document reduces confidence in its specific value. - Positive factor: Resource is JORC compliant and QP signed - Positive factor: Indicated category provides reasonable geological confidence - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Grade not provided in the document Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-3) chester project · lead Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: lead - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:a6722231954362e8ffc0 #### Resource Data - Category: inferred - Tonnes: 1820000 - Contained Metal: 3.17 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The inferred lead resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The inferred category and absence of a grade reduce confidence. - Positive factor: Resource is JORC compliant and QP signed - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Inferred category indicates lower geological confidence - Negative factor: Grade not provided in the document Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-4) chester project · silver Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: silver - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:da7ab659d1f2088c4b29 #### Resource Data - Category: indicated - Tonnes: 4870000 - Contained Metal: 69000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The indicated silver resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The absence of a grade in the document reduces confidence in its specific value. - Positive factor: Resource is JORC compliant and QP signed - Positive factor: Indicated category provides reasonable geological confidence - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Grade not provided in the document Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-5) chester project · zinc Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: zinc - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:da7ab659d1f2088c4b29 #### Resource Data - Category: indicated - Tonnes: 4870000 - Contained Metal: 10.52 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The indicated zinc resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The absence of a grade in the document reduces confidence in its specific value. - Positive factor: Resource is JORC compliant and QP signed - Positive factor: Indicated category provides reasonable geological confidence - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Grade not provided in the document Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rap-annual-report-to-shareholders--c355e474-31e9-4e42-912b-88342a3dda14#fact-resource-facts-6) chester project · zinc Historical result Needs review: historical\_restatement #### Identity - Project: chester project - Commodity: zinc - Region: canada\_nb - Reported Region: New Brunswick, Canada - Ticker: RAP #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Brett Wallace - Resource group id: resource:a6722231954362e8ffc0 #### Resource Data - Category: inferred - Tonnes: 1820000 - Contained Metal: 1.57 - Contained Unit: mlbs - Cutoff Grade: 0.5 - Cutoff Unit: % Cu #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-09-07T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The inferred zinc resource at Chester is JORC compliant and QP signed, but its novelty is low as it's a restatement of prior data. The inferred category and absence of a grade reduce confidence. - Positive factor: Resource is JORC compliant and QP signed - Negative factor: Estimate is a restatement of prior data, not a new update - Negative factor: No new information or data materially affects the estimate - Negative factor: Inferred category indicates lower geological confidence - Negative factor: Grade not provided in the document Evidence · text > The Chester Mineral Resource is reported at a 0.5% Cu cut-off grade #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ## 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.