RCR: Annual Report to shareholders

Original announcement by asx on

Company
Rincon Resources Limited
Ticker
RCR
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Resource update, Agreement transaction, Capital raise, Other, Drill results
Extracted
2026-09-30 05:11:07 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Rincon Resources Limited's Annual Report for the year ended June 30, 2026, highlights strategic portfolio restructuring, including a farm-in and joint venture with Greatland Resources and the divestment of non-core Laverton and West Arunta projects. The company maintained its maiden Mineral Resource Estimate for the Hasties Gold-Copper Project, announced in February 2025, and secured funding through a $3.1 million capital placement and a loyalty option entitlement offer to advance exploration. Historical drill results indicate prospectivity at its core projects, with new drilling planned to expand the Hasties resource.

Reasoning: Rincon Resources' annual report details a strategic shift with a farm-in agreement and divestments to focus on core assets, supported by a capital raise. While the existing MRE is unchanged and contains a significant inferred component, planned drilling aims to expand it. Historical drill results provide context for prospectivity but lack modern QA/QC disclosure.

Positive factors

  • Strategic portfolio restructuring through farm-in and divestments
  • Funding secured through capital raise for exploration
  • Free-carried interest retained in divested project
  • MRE is JORC compliant and QP signed

Negative factors

  • MRE remains unchanged and is considered stale
  • Significant portion of MRE is in the inferred category
  • Historical drill results lack QA/QC disclosure and true width information

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 38

Classification and evidence

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The MRE includes an Indicated category for both gold and copper, indicating a reasonable level of geological confidence.

Evidence · text

“Indicated 633,000 1.03 0.28 21,100 1,733”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The MRE includes an Inferred category for both gold and copper, which is a speculative category with limited drilling.

Evidence · text

“Inferred 237,000 0.75 0.23 5,700 553”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The MRE is signed off by Mr Michael Griffiths, a Fellow of AusIMM and a Competent Person.

Evidence · text

“The information in this report that relates to Exploration Results is based on information compiled by Mr Michael Griffiths a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr. Griffiths is a Director of the Company.”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The resource estimate tables clearly state the gold cut-off grades used (0.3 g/t, 0.5 g/t, and 1.0 g/t Au).

Evidence · text

“Table 1: Hasties Gold-Copper Mineral Resource 0.3 g/t Au Cutoff”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The MRE is reported in accordance with the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.

Evidence · text

“as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves””

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The maiden MRE was announced in February 2025 and remains unchanged in this annual report for the year ended June 2026, making it over a year old.

Evidence · text

“Rincon's maiden MRE for the Hasties Main Zone and Hasties Southeast deposits, announced in February 2025, remains unchanged”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The MRE for the Hasties deposits was the company's first formal resource estimate, announced in February 2025.

Evidence · text

“Rincon's maiden MRE for the Hasties Main Zone and Hasties Southeast deposits, announced in February 2025”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides an update on the status of an existing mineral resource estimate, noting it remains unchanged.

Evidence · text

“Rincon's maiden MRE for the Hasties Main Zone and Hasties Southeast deposits, announced in February 2025, remains unchanged”

Farm-in Agreementpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The company signed a staged Farm-in and JV agreement with Greatland Resources Limited for its Telfer South tenements.

Evidence · text

“In December 2025, the Company signed a staged Farm-in and JV agreement with Greatland Exploration Pty Ltd”

Free-Carried Interestpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Rincon retains a 10% free-carried interest in the divested West Arunta Project until a decision to mine.

Evidence · text

“Rincon holding a 10% free-carried interest until a decision to mine”

Divestmentneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The company divested its Laverton Project and 90% of its West Arunta Project to focus on core assets.

Evidence · text

“Divested the Laverton Project to Galleon Metals Limited and executed a binding Heads of Agreement to divest 90% of the West Arunta Project to Maverick Minerals Australia”

Apparent Width Onlynegative · Story-specific tag

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Historical drill results are given as downhole lengths without true width or drill orientation information.

Evidence · text

“39 m @ 0.2% Cu from 8 m”

Stale Data Re-releasenegative · Story-specific tag

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The drill results and rock-chip samples mentioned are historical and are re-released as context for future work, not as new assays.

Evidence · text

“historic drilling returned (HWR029)”

No QA/QC Disclosurenegative · Story-specific tag

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The document does not disclose QA/QC procedures for the historical drill results or rock-chip samples mentioned.

Evidence · text

“historic drilling returned (HWR029)”

Extracted facts

Stored fact records: 37. Some facts used in scoring do not have a stored record.

Drill Results (2)

HWR029Telfer South · copperGrade: 1.1Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HWR029
Project
Telfer South
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
RCR

Geometry

Grade
1.1
Grade Unit
%
Intercept
3 m

Classification

Program
exploration
Sample Type
drill

Location

Location
Main Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Compositing

Dilution Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Historical drill result from HWR029 shows a copper sub-interval, providing context for prospectivity, but is old data with only apparent width and no QA/QC details.

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • No QA/QC Disclosure

Evidence · text

“including 3 m @ 1.45 g/t Au & 1.1% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

HWR029Telfer South · goldGrade: 1.45Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HWR029
Project
Telfer South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
RCR

Geometry

Grade
1.45
Grade Unit
g/t
Intercept
3 m

Classification

Program
exploration
Sample Type
drill

Location

Location
Main Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Compositing

Dilution Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Historical drill result from HWR029 shows a gold sub-interval, providing context for prospectivity, but is old data with only apparent width and no QA/QC details.

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • No QA/QC Disclosure

Evidence · text

“including 3 m @ 1.45 g/t Au & 1.1% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Resource Estimates (35)

indicatedTelfer South Gold-Copper Project · goldTonnes: 633000Grade: 1.03Grade Unit: g/tContained Metal: 21100Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:019725896e587b3d633b

Resource Data

Category
indicated
Tonnes
633000
Grade
1.03
Grade Unit
g/t
Contained Metal
21100
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 0.3 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“1.03”

Context: 633,000

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

indicatedTelfer South Gold-Copper Project · copperTonnes: 633000Grade: 0.28Grade Unit: %Contained Metal: 1733Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:019725896e587b3d633b

Resource Data

Category
indicated
Tonnes
633000
Grade
0.28
Grade Unit
%
Contained Metal
1733
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 0.3 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“0.28”

Context: 633,000

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

inferredTelfer South Gold-Copper Project · goldTonnes: 237000Grade: 0.75Grade Unit: g/tContained Metal: 5700Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:f78c3be19e88a4086d67

Resource Data

Category
inferred
Tonnes
237000
Grade
0.75
Grade Unit
g/t
Contained Metal
5700
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 0.3 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“0.75”

Context: 237,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTelfer South Gold-Copper Project · copperTonnes: 237000Grade: 0.23Grade Unit: %Contained Metal: 553Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:f78c3be19e88a4086d67

Resource Data

Category
inferred
Tonnes
237000
Grade
0.23
Grade Unit
%
Contained Metal
553
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 0.3 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“0.23”

Context: 237,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedTelfer South Gold-Copper Project · goldTonnes: 567000Grade: 1.11Grade Unit: g/tContained Metal: 20100Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:e96088a55c4a4686c43e

Resource Data

Category
indicated
Tonnes
567000
Grade
1.11
Grade Unit
g/t
Contained Metal
20100
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 0.5 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“1.11”

Context: 567,000

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

indicatedTelfer South Gold-Copper Project · copperTonnes: 567000Grade: 0.28Grade Unit: %Contained Metal: 1557Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:e96088a55c4a4686c43e

Resource Data

Category
indicated
Tonnes
567000
Grade
0.28
Grade Unit
%
Contained Metal
1557
Contained Unit
t
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 0.5 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“0.28”

Context: 567,000

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

inferredTelfer South Gold-Copper Project · goldTonnes: 187000Grade: 0.84Grade Unit: g/tContained Metal: 5000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:fd3da93ef7fc7ca1e16f

Resource Data

Category
inferred
Tonnes
187000
Grade
0.84
Grade Unit
g/t
Contained Metal
5000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 0.5 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“0.84”

Context: 187,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTelfer South Gold-Copper Project · copperTonnes: 187000Grade: 0.24Grade Unit: %Contained Metal: 459Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:fd3da93ef7fc7ca1e16f

Resource Data

Category
inferred
Tonnes
187000
Grade
0.24
Grade Unit
%
Contained Metal
459
Contained Unit
t
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 0.5 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“0.24”

Context: 187,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedTelfer South Gold-Copper Project · goldTonnes: 195000Grade: 1.92Grade Unit: g/tContained Metal: 12000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:2bd3c20d97b060f22348

Resource Data

Category
indicated
Tonnes
195000
Grade
1.92
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz
Cutoff Grade
1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 1.0 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“1.92”

Context: 195,000

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

indicatedTelfer South Gold-Copper Project · copperTonnes: 195000Grade: 0.27Grade Unit: %Contained Metal: 515Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:2bd3c20d97b060f22348

Resource Data

Category
indicated
Tonnes
195000
Grade
0.27
Grade Unit
%
Contained Metal
515
Contained Unit
t
Cutoff Grade
1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The indicated resource at 1.0 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Stale Estimate
  • Resource Update

Evidence · table

“0.27”

Context: 195,000

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

inferredTelfer South Gold-Copper Project · goldTonnes: 40000Grade: 1.59Grade Unit: g/tContained Metal: 2000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:15ed0da6d336f3abf354

Resource Data

Category
inferred
Tonnes
40000
Grade
1.59
Grade Unit
g/t
Contained Metal
2000
Contained Unit
oz
Cutoff Grade
1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 1.0 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“1.59”

Context: 40,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTelfer South Gold-Copper Project · copperTonnes: 40000Grade: 0.35Grade Unit: %Contained Metal: 139Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Telfer South Gold-Copper Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Michael Griffiths
Resource group id
resource:15ed0da6d336f3abf354

Resource Data

Category
inferred
Tonnes
40000
Grade
0.35
Grade Unit
%
Contained Metal
139
Contained Unit
t
Cutoff Grade
1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-02-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-02-10T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The inferred resource at 1.0 g/t Au cut-off is part of an unchanged maiden MRE from February 2025, which is JORC compliant and QP signed, but is now considered stale and is of lower confidence.

Positive factors

  • QP/CP Signed
  • Cut-off Disclosed
  • JORC Compliant

Negative factors

  • Inferred Resource
  • Stale Estimate
  • Resource Update

Evidence · table

“0.35”

Context: 40,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 13View all details
Link to this fact

Identity

Ticker
RCR

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The loyalty option entitlement offer provided additional capital to support the company's activities.

Evidence · text

“a $97,520 loyalty option entitlement offer”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 14Telfer South tenementsView all details
Link to this fact

Identity

Project
Telfer South tenements
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Resource group id
resource:126011e647fb28abdce0

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The farm-in and joint venture agreement with Greatland Resources provides significant funding and management for the Telfer South tenements, while Rincon retains full ownership of the core Hasties deposits.

Positive factors

  • Farm-in Agreement

Evidence · text

“In December 2025, the Company signed a staged Farm-in and JV agreement with Greatland Exploration Pty Ltd... covering approximately 200.8km² of Rincon’s Telfer South tenements (Figure 1), while Rincon retains full ownership (100%) of the 18.2km² Hasties consisting of 4 live tenements.”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 15West Arunta ProjectView all details
Link to this fact

Identity

Project
West Arunta Project
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Resource group id
resource:0a67fd472d4f857de5b2

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The divestment of 90% of the West Arunta Project provides cash and shares, while retaining a free-carried interest, allowing Rincon to focus on other core assets.

Positive factors

  • Free-Carried Interest

Evidence · text

“In June 2026, the Company advised it had executed a binding Heads of Agreement to divest 90% of the West Arunta Project to Maverick Minerals Australia Limited (ASX: M96)”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 16Crackerbox Gold Project · goldGrade: 20.31Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Crackerbox Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Resource group id
resource:680f3324f6fadd34e594

Resource Data

Grade
20.31
Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Historical rock-chip sample at Crackerbox shows high-grade gold, indicating prospectivity, but is old data with no QA/QC details.

Negative factors

  • Stale Data Re-release
  • No QA/QC Disclosure

Evidence · text

“Rincon rock-chip sampling returning up to 20.31 g/t Au”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 17Crackerbox Gold Project · copperGrade: 8.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Crackerbox Gold Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
RCR

Resource scope

Resource group id
resource:680f3324f6fadd34e594

Resource Data

Grade
8.8
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Historical rock-chip sample at Crackerbox shows high-grade copper, indicating prospectivity, but is old data with no QA/QC details.

Negative factors

  • Stale Data Re-release
  • No QA/QC Disclosure

Evidence · text

“and 8.8% Cu”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedHasties · goldTonnes: 633000Grade: 1.03Grade Unit: g/tContained Metal: 21100Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:5629a7e41e9b42e6dc80

Resource Data

Category
indicated
Tonnes
633000
Grade
1.03
Grade Unit
g/t
Contained Metal
21100
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.03”

Context: 633,000

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

indicatedHasties · copperTonnes: 633000Grade: 0.28Grade Unit: %Contained Metal: 1733Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:5629a7e41e9b42e6dc80

Resource Data

Category
indicated
Tonnes
633000
Grade
0.28
Grade Unit
%
Contained Metal
1733
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.28”

Context: 633,000

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

inferredHasties · goldTonnes: 237000Grade: 0.75Grade Unit: g/tContained Metal: 5700Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:465a32bb2ba749bc7df8

Resource Data

Category
inferred
Tonnes
237000
Grade
0.75
Grade Unit
g/t
Contained Metal
5700
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.75”

Context: 237,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 237000Grade: 0.23Grade Unit: %Contained Metal: 553Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:465a32bb2ba749bc7df8

Resource Data

Category
inferred
Tonnes
237000
Grade
0.23
Grade Unit
%
Contained Metal
553
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.23”

Context: 237,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · goldTonnes: 870000Grade: 0.96Grade Unit: g/tContained Metal: 26800Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:c1eb701e4dff23c2d03e

Resource Data

Category
inferred
Tonnes
870000
Grade
0.96
Grade Unit
g/t
Contained Metal
26800
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.96”

Context: 870,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 870000Grade: 0.26Grade Unit: %Contained Metal: 2286Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:c1eb701e4dff23c2d03e

Resource Data

Category
inferred
Tonnes
870000
Grade
0.26
Grade Unit
%
Contained Metal
2286
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.26”

Context: 870,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

indicatedHasties · goldTonnes: 567000Grade: 1.11Grade Unit: g/tContained Metal: 20100Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:1270b26ea79c121a1fa5

Resource Data

Category
indicated
Tonnes
567000
Grade
1.11
Grade Unit
g/t
Contained Metal
20100
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.11”

Context: 567,000

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

indicatedHasties · copperTonnes: 567000Grade: 0.28Grade Unit: %Contained Metal: 1557Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:1270b26ea79c121a1fa5

Resource Data

Category
indicated
Tonnes
567000
Grade
0.28
Grade Unit
%
Contained Metal
1557
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.28”

Context: 567,000

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

inferredHasties · goldTonnes: 187000Grade: 0.84Grade Unit: g/tContained Metal: 5000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:1c0e0d775d8e0e5904c0

Resource Data

Category
inferred
Tonnes
187000
Grade
0.84
Grade Unit
g/t
Contained Metal
5000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.84”

Context: 187,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 187000Grade: 0.24Grade Unit: %Contained Metal: 459Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:1c0e0d775d8e0e5904c0

Resource Data

Category
inferred
Tonnes
187000
Grade
0.24
Grade Unit
%
Contained Metal
459
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.24”

Context: 187,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · goldTonnes: 754000Grade: 1.04Grade Unit: g/tContained Metal: 25200Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:0bfe6f47b00998368bd6

Resource Data

Category
inferred
Tonnes
754000
Grade
1.04
Grade Unit
g/t
Contained Metal
25200
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.04”

Context: 754,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 754000Grade: 0.27Grade Unit: %Contained Metal: 2016Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:0bfe6f47b00998368bd6

Resource Data

Category
inferred
Tonnes
754000
Grade
0.27
Grade Unit
%
Contained Metal
2016
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.27”

Context: 754,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

indicatedHasties · goldTonnes: 195000Grade: 1.92Grade Unit: g/tContained Metal: 12000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:ddeb163971ad1454e199

Resource Data

Category
indicated
Tonnes
195000
Grade
1.92
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.92”

Context: 195,000

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

indicatedHasties · copperTonnes: 195000Grade: 0.27Grade Unit: %Contained Metal: 515Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:ddeb163971ad1454e199

Resource Data

Category
indicated
Tonnes
195000
Grade
0.27
Grade Unit
%
Contained Metal
515
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.27”

Context: 195,000

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

inferredHasties · goldTonnes: 40000Grade: 1.59Grade Unit: g/tContained Metal: 2000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:a5d972d229789c24de4c

Resource Data

Category
inferred
Tonnes
40000
Grade
1.59
Grade Unit
g/t
Contained Metal
2000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.59”

Context: 40,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 40000Grade: 0.35Grade Unit: %Contained Metal: 139Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:a5d972d229789c24de4c

Resource Data

Category
inferred
Tonnes
40000
Grade
0.35
Grade Unit
%
Contained Metal
139
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.35”

Context: 40,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · goldTonnes: 235000Grade: 1.86Grade Unit: g/tContained Metal: 14100Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasties
Commodity
gold
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:bc9e68629d6f496bdbbc

Resource Data

Category
inferred
Tonnes
235000
Grade
1.86
Grade Unit
g/t
Contained Metal
14100
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.86”

Context: 235,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

inferredHasties · copperTonnes: 235000Grade: 0.28Grade Unit: %Contained Metal: 654Contained Unit: tView all details
Link to this fact

Identity

Project
Hasties
Commodity
copper
Ticker
RCR

Resource scope

Estimate type
resource
Resource group id
resource:bc9e68629d6f496bdbbc

Resource Data

Category
inferred
Tonnes
235000
Grade
0.28
Grade Unit
%
Contained Metal
654
Contained Unit
t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.28”

Context: 235,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.