RC1: Redcastle Gold Project Stockpile Comprises 6,600 oz Au
Original announcement by asx on
- Company
- Redcastle Resources Ltd
- Ticker
- RC1
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-09-29 16:53:33 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Redcastle Resources Ltd (RC1) announced a maiden Mineral Resource Estimate for stockpiled gold at its Redcastle Gold Project, totaling 144,800 tonnes at 1.43 g/t Au for 6,600 oz. The majority of this, 6,500 oz, is classified as Measured Resource. While open pit mining commenced in May, it is currently suspended, and the company is actively pursuing processing arrangements for the stockpiled material.
Reasoning: Redcastle Resources has reported a substantial maiden Mineral Resource Estimate for its gold stockpiles, with a high proportion in the Measured category, indicating a ready source of material. However, the current suspension of mining and pending processing arrangements introduce some uncertainty regarding immediate monetization.
Positive factors
- Significant gold ounces in Measured stockpile resource
- JORC 2012 compliant estimate with QP sign-off
- Open pit mining has commenced
- Potential for conversion to Ore Reserves
Negative factors
- Mining currently suspended
- Processing arrangements not yet finalized
- No specific metallurgical testwork on the stockpile material
- High grade cuts applied to grade control data
Facts used in scoring: 9
Classification and evidence
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The Redcastle Reef stockpiles, comprising 142,600 tonnes at 1.42 g/t Au for 6,500 oz, are classified as Measured Mineral Resources.
Evidence · text
“Measured Redcastle Reef (RR): 142,600 tonnes @ 1.42 g/t Au for 6,500 oz”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The Queen Alexandra stockpiles, comprising 2,300 tonnes at 1.77 g/t Au for 100 oz, are classified as Indicated Mineral Resources.
Evidence · text
“Indicated Queen Alexandra (QA): 2,300 tonnes @ 1.77 g/t Au for 100 oz”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Dr. Spero Carras, a Competent Person, is named and consents to the inclusion of information related to the Mineral Resource Estimation.
Evidence · text
“Dr. Spero Carras, a Competent Person and consultant to the Company, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM Membership No: 107972).”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource Estimate is reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 Edition (JORC Code).
Evidence · text
“reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 Edition (JORC Code).”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: This announcement provides the first Mineral Resource Estimate for the Redcastle Gold Project's stockpiles.
Evidence · text
“Redcastle Gold Project Stockpile Comprises 6,600 oz Au”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Operational ROM Pad allocation thresholds for different grade categories are clearly stated.
Evidence · text
“Operational ROM Pad allocation thresholds were: High Grade >1.3 g/t Au; Medium Grade 1.0–1.3 g/t Au; Low Grade 1 0.8–1.0 g/t Au; and Low Grade 2 0.4–0.8 g/t Au.”
Open Pit Miningpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document states that open pit mining commenced on May 1st.
Evidence · text
“Open pit mining commenced on 1st May”
Processing Arrangements Pendingnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Discussions for treatment of RR and QA ore are ongoing, indicating that processing arrangements are not yet finalized.
Evidence · text
“Discussions for treatment of RR and QA ore are ongoing”
Mining Suspendednegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The forward-looking statements section explicitly mentions that mining is currently suspended.
Evidence · text
“Mining commenced in May 2026 but is currently suspended.”
No Stockpile Met Testworknegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The document states that no specific metallurgical testwork has been undertaken on the reported stockpile material.
Evidence · text
“No specific metallurgical testwork has been undertaken on the stockpile material reported herein.”
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Resource Estimates (9)
measuredRedcastle Gold Project · goldTonnes: 49100Grade: 2.75Grade Unit: g/tContained Metal: 4300Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:3d3152d9b93dbcb06960
- Deposit or zone
- Redcastle Reef (RR) High Grade (HG)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 49100
- Grade
- 2.75
- Grade Unit
- g/t
- Contained Metal
- 4300
- Contained Unit
- oz
- Cutoff Grade
- 1.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This represents a high-grade portion of the Measured stockpile resource, providing significant gold ounces with high confidence.
Positive factors
- High grade for gold stockpile
- Measured category indicates high confidence
- JORC 2012 compliant with QP sign-off
Evidence · table
“2.75”
Context: 49,100
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredRedcastle Gold Project · goldTonnes: 18100Grade: 1.18Grade Unit: g/tContained Metal: 700Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:a5de8145d9f6e79bab22
- Deposit or zone
- Redcastle Reef (RR) Medium Grade (MG)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 18100
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 700
- Contained Unit
- oz
- Cutoff Grade
- 1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This is a moderate-grade portion of the Measured stockpile resource, contributing to the overall gold inventory with high confidence.
Positive factors
- Measured category indicates high confidence
- JORC 2012 compliant with QP sign-off
Evidence · table
“1.18”
Context: 18,100
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredRedcastle Gold Project · goldTonnes: 25000Grade: 0.8Grade Unit: g/tContained Metal: 600Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:1edbb143858cec9282b7
- Deposit or zone
- Redcastle Reef (RR) Low Grade 1 (LG1)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 25000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 600
- Contained Unit
- oz
- Cutoff Grade
- 0.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This low-grade portion of the Measured stockpile resource adds to the overall inventory with high confidence, but at a lower economic value.
Positive factors
- Measured category indicates high confidence
- JORC 2012 compliant with QP sign-off
Evidence · table
“0.80”
Context: 25,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredRedcastle Gold Project · goldTonnes: 50300Grade: 0.52Grade Unit: g/tContained Metal: 800Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:bd7136aea2108c48d4db
- Deposit or zone
- Redcastle Reef (RR) Low Grade 2 (LG2)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 50300
- Grade
- 0.52
- Grade Unit
- g/t
- Contained Metal
- 800
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This is the lowest-grade portion of the Measured stockpile resource, contributing to tonnage but with limited economic impact.
Positive factors
- Measured category indicates high confidence
- JORC 2012 compliant with QP sign-off
Evidence · table
“0.52”
Context: 50,300
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedRedcastle Gold Project · goldTonnes: 2100Grade: 1.83Grade Unit: g/tContained Metal: 100Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:2d75ab12b9a717fb614f
- Deposit or zone
- Queen Alexandra (QA) High Grade (HG)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- indicated
- Tonnes
- 2100
- Grade
- 1.83
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: A small, high-grade portion of the Indicated stockpile resource from Queen Alexandra, contributing to the overall inventory.
Positive factors
- Indicated category provides reasonable confidence
- JORC 2012 compliant with QP sign-off
Negative factors
- Limited tonnage
Evidence · table
“1.83”
Context: 2,100
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedRedcastle Gold Project · goldTonnes: 200Grade: 1.23Grade Unit: g/tContained Metal: 10Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:87f80a225f1d694ccb04
- Deposit or zone
- Queen Alexandra (QA) Medium Grade (MG)
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- indicated
- Tonnes
- 200
- Grade
- 1.23
- Grade Unit
- g/t
- Contained Metal
- 10
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: A very small, medium-grade portion of the Indicated stockpile resource from Queen Alexandra.
Positive factors
- Indicated category provides reasonable confidence
- JORC 2012 compliant with QP sign-off
Negative factors
- Very limited tonnage
Evidence · table
“1.23”
Context: 200
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredRedcastle Gold Project · goldTonnes: 142600Grade: 1.42Grade Unit: g/tContained Metal: 6500Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:14845198dda103f13fb7
- Deposit or zone
- Redcastle Reef (RR) Total
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- measured
- Tonnes
- 142600
- Grade
- 1.42
- Grade Unit
- g/t
- Contained Metal
- 6500
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Measured Resource for Redcastle Reef stockpiles represents a substantial and high-confidence gold inventory.
Positive factors
- Significant gold ounces in Measured category
- JORC 2012 compliant with QP sign-off
- High confidence in tonnage and grade
Evidence · table
“1.42”
Context: 142,600
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedRedcastle Gold Project · goldTonnes: 2300Grade: 1.77Grade Unit: g/tContained Metal: 100Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:acb97409268cfc9e38f5
- Deposit or zone
- Queen Alexandra (QA) Total
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- indicated
- Tonnes
- 2300
- Grade
- 1.77
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The total Indicated Resource for Queen Alexandra stockpiles is small but contributes to the overall gold inventory.
Positive factors
- Indicated category provides reasonable confidence
- JORC 2012 compliant with QP sign-off
Negative factors
- Limited tonnage
Evidence · table
“1.77”
Context: 2,300
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedRedcastle Gold Project · goldTonnes: 144800Grade: 1.43Grade Unit: g/tContained Metal: 6600Contained Unit: ozView all detailsHide details
Identity
- Project
- Redcastle Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- RC1
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr. Spero Carras
- Resource group id
- resource:21d38af9f71273e08f15
- Deposit or zone
- Redcastle Gold Project Stockpile Total
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- indicated
- Tonnes
- 144800
- Grade
- 1.43
- Grade Unit
- g/t
- Contained Metal
- 6600
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-31
Lab
- Laboratory
- Bureau Veritas Minerals, Kalgoorlie
Location
- CRS
- GDA94 / MGA Zone 51
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The overall stockpile MRE provides a substantial gold inventory, predominantly in high-confidence categories, but faces near-term challenges with processing and mining status.
Positive factors
- Significant total gold ounces in stockpile
- Majority in Measured category
- JORC 2012 compliant with QP sign-off
Negative factors
- Mining currently suspended
- Processing arrangements not finalized
Evidence · table
“1.43”
Context: 144,800
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.