# Replacement - SPA for Kamiesberg Mineral Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0

Original source: https://www.londonstockexchange.com/news-article/AMGO/replacement-spa-for-kamiesberg-mineral-project/17810142

Publisher: lse

Original announcement: 2026-09-29T07:09:21.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T16:12:08.001Z

Atlas analysis updated: 2026-09-29T16:12:08.001Z

- Company: Amigo Resources PLC

- Ticker: AMGO

- Exchange: LSE

- Region: South Africa

- Primary commodity: Heavy mineral sands

- Secondary commodities: Thm, Ilmenite, Leucoxene, Monazite, Rutile, Zircon, Rare earth elements

- Document categories: Resource update, Agreement transaction, Other

- Extracted: 2026-09-29 16:12:08 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Amigo Resources PLC announced the acquisition of the Kamiesberg heavy mineral sands project in South Africa for USD 33 million, expanding its African footprint and diversifying its commodity base. The project boasts a significant JORC-compliant resource of 2.71 billion tonnes, including 0.48 billion tonnes in the Measured category, and is described as shovel-ready with advanced permitting. The acquisition is structured as a reverse takeover and is subject to shareholder and regulatory approvals, with completion targeted by January 2027.

Reasoning: Amigo Resources PLC is acquiring the Kamiesberg heavy mineral sands project in South Africa, which includes a substantial JORC-compliant resource with a significant Measured component, diversifying the company's portfolio and expanding its operational footprint. The project is described as shovel-ready, but the acquisition is subject to several conditions and funding is yet to be fully secured.

- Positive factor: Acquisition of a large, JORC-compliant heavy mineral sands project

- Positive factor: Diversifies commodity base and expands geographical footprint into South Africa

- Positive factor: Project is described as 'shovel-ready' with advanced permitting

- Positive factor: Significant Measured and Indicated resource component

- Negative factor: Acquisition is a reverse takeover, subject to multiple regulatory and shareholder approvals

- Negative factor: Funding for the acquisition and development still needs to be secured

- Negative factor: Resource estimate is reported without a cut-off grade, which can make comparability challenging

- Negative factor: Effective date of the resource is March 2020, though confirmed current in July 2026

Facts used in scoring: 184

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 183. Some facts used in scoring do not have a stored record.

## Resource Estimates (183)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-1)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 3.91
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Measured resource of 482.29 Mt at 3.91% THM is a substantial and high-confidence component of the overall project, supporting future development.

- Positive factor: Large Measured resource component, indicating high confidence

- Positive factor: JORC compliant and QP signed

Evidence · table

> 3.91

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-2)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 14.98
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Measured resource provides geological context for processing considerations.

Evidence · table

> 14.98

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-3)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 2.13
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Measured resource provides geological context for processing considerations.

Evidence · table

> 2.13

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-4)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 3.14
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.14% within the Measured resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant ilmenite grade in the Measured resource

Evidence · table

> 3.14

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-5)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 0.08
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.08% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.08

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-6)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.04% is important as it contains rare earth elements, which are highlighted as a strategic value for the project.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.04

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-7)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.06% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.06

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-8)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:2dc2280983100b59df42
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 482290000
- Grade: 0.15
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.15% within the Measured resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant zircon grade in the Measured resource

Evidence · table

> 0.15

Context: 482.29

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-9)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 3.25
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Indicated resource of 1.69 billion tonnes at 3.25% THM significantly contributes to the project's overall scale and potential.

- Positive factor: Very large Indicated resource component, adding to overall project scale

- Positive factor: JORC compliant and QP signed

Evidence · table

> 3.25

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-10)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 19.37
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Indicated resource provides geological context for processing considerations.

Evidence · table

> 19.37

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-11)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 3.23
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Indicated resource provides geological context for processing considerations.

Evidence · table

> 3.23

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-12)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 2.59
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 2.59% within the Indicated resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant ilmenite grade in the Indicated resource

Evidence · table

> 2.59

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-13)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.10% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.10

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-14)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% is important as it contains rare earth elements, which are highlighted as a strategic value for the project.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.03

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-15)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.05% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.05

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-16)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:43fdd63296c2676f1bf2
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 1692130000
- Grade: 0.13
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.13% within the Indicated resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant zircon grade in the Indicated resource

Evidence · table

> 0.13

Context: 1,692.13

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-17)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 2.91
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Inferred resource of 540.30 Mt at 2.91% THM provides substantial exploration upside, though with lower confidence than Measured and Indicated categories.

- Positive factor: Large Inferred resource component, indicating significant exploration upside

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.91

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-18)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 17.01
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Inferred resource provides geological context for processing considerations.

Evidence · table

> 17.01

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-19)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 4.22
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Inferred resource provides geological context for processing considerations.

Evidence · table

> 4.22

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-20)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 2.39
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 2.39% within the Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Significant ilmenite grade in the Inferred resource

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.39

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-21)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.07% contributes to the overall value of the heavy mineral sands resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.07

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-22)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-23)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.04% contributes to the overall value of the heavy mineral sands resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.04

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-24)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:095d2c331393e3d175a5
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 540300000
- Grade: 0.11
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.11% within the Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Significant zircon grade in the Inferred resource

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.11

Context: 540.30

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-25)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 3.3
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The grand total resource of 2.71 billion tonnes at 3.30% THM highlights the immense scale and long-term potential of the Kamiesberg Project.

- Positive factor: Extremely large total resource, indicating significant scale potential

- Positive factor: JORC compliant and QP signed

Evidence · table

> 3.30

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-26)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 18.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the grand total resource provides geological context for processing considerations.

Evidence · table

> 18.12

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-27)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 3.23
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the grand total resource provides geological context for processing considerations.

Evidence · table

> 3.23

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-28)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 2.65
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The overall ilmenite grade of 2.65% across the entire resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant ilmenite grade in the overall resource

Evidence · table

> 2.65

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-29)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.09% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.09

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-30)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% is important as it contains rare earth elements, which are highlighted as a strategic value for the project.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.03

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-31)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.05% contributes to the overall value of the heavy mineral sands resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.05

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-32)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:660f65658fd0f1fbeb4c
- Mining method: combined

#### Resource Data

- Tonnes: 2714720000
- Grade: 0.13
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The overall zircon grade of 0.13% across the entire resource is a key economic driver for the heavy mineral sands project.

- Positive factor: Significant zircon grade in the overall resource

Evidence · table

> 0.13

Context: 2,714.72

#### Tags used in scoring

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-33)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 5.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Measured resource shows a high THM grade of 5.10%, indicating a valuable and well-defined portion of the deposit.

- Positive factor: High THM grade for a Measured resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 5.10

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-34)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 3.26
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 3.26

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-35)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 0.75
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 0.75

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-36)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 3.95
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.95% in the Roode Heuvel Measured resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Measured resource

Evidence · table

> 3.95

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-37)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.09% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.09

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-38)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.06% in the Roode Heuvel Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.06

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-39)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 0.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.12% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.12

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-40)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:920f5ec0b2999eb93f47
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 103600000
- Grade: 0.3
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.30% in the Roode Heuvel Measured resource is a strong indicator of economic potential.

- Positive factor: High zircon grade in the Measured resource

Evidence · table

> 0.30

Context: 103.60

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-41)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 4.75
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Measured resource shows a high THM grade of 4.75%, indicating a valuable and well-defined portion of the deposit.

- Positive factor: High THM grade for a Measured resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 4.75

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-42)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 18.44
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 18.44

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-43)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 1.97
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 1.97

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-44)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 3.9
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.90% in the Roode Heuvel Measured resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Measured resource

Evidence · table

> 3.90

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-45)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.10% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.10

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-46)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.05% in the Roode Heuvel Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.05

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-47)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.06% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.06

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-48)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:5c03ec8b461fee27d71b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 218020000
- Grade: 0.15
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.15% in the Roode Heuvel Measured resource is a strong indicator of economic potential.

- Positive factor: High zircon grade in the Measured resource

Evidence · table

> 0.15

Context: 218.02

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-49)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 1.95
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Measured resource includes 156.28 Mt at 1.95% THM, contributing to the overall high-confidence resource base.

- Positive factor: Large Measured resource component

- Positive factor: JORC compliant and QP signed

Evidence · table

> 1.95

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-50)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 18.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 18.10

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-51)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 3.28
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Measured resource provides geological context for processing considerations.

Evidence · table

> 3.28

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-52)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 1.48
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.48% in the Roode Heuvel Measured resource contributes to the overall economic potential.

- Positive factor: Ilmenite is a valuable heavy mineral component

Evidence · table

> 1.48

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-53)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.05% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.05

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-54)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% in the Roode Heuvel Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.02

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-55)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.03% contributes to the overall value of the Roode Heuvel Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.03

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-56)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:65adb2bebba0bc70d185
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 156280000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.06% in the Roode Heuvel Measured resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.06

Context: 156.28

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-57)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 2.91
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Indicated resource includes 98.33 Mt at 2.91% THM, adding to the project's overall scale.

- Positive factor: Large Indicated resource component

- Positive factor: JORC compliant and QP signed

Evidence · table

> 2.91

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-58)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 3.17
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 3.17

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-59)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 0.96
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 0.96

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-60)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 2.27
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 2.27% in the Roode Heuvel Indicated resource contributes to the overall economic potential.

- Positive factor: Ilmenite is a valuable heavy mineral component

Evidence · table

> 2.27

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-61)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.07% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-62)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% in the Roode Heuvel Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.03

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-63)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.07% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-64)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:76497009d5095444e784
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 98330000
- Grade: 0.15
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.15% in the Roode Heuvel Indicated resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.15

Context: 98.33

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-65)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 3.78
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Indicated resource shows a high THM grade of 3.78%, indicating a valuable portion of the deposit with good confidence.

- Positive factor: High THM grade for an Indicated resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 3.78

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-66)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 20.81
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 20.81

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-67)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 1.73
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 1.73

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-68)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 3.26
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.26% in the Roode Heuvel Indicated resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Indicated resource

Evidence · table

> 3.26

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-69)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 0.08
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.08% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.08

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-70)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% in the Roode Heuvel Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.03

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-71)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.04% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.04

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-72)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:b967be02f35559a102b2
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207970000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.10% in the Roode Heuvel Indicated resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.10

Context: 207.97

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-73)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 2.22
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Indicated resource includes 207.51 Mt at 2.22% THM, adding to the project's overall scale.

- Positive factor: Large Indicated resource component

- Positive factor: JORC compliant and QP signed

Evidence · table

> 2.22

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-74)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 22.43
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 22.43

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-75)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 2.64
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Indicated resource provides geological context for processing considerations.

Evidence · table

> 2.64

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-76)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 1.86
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.86% in the Roode Heuvel Indicated resource contributes to the overall economic potential.

- Positive factor: Ilmenite is a valuable heavy mineral component

Evidence · table

> 1.86

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-77)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.06% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.06

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-78)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% in the Roode Heuvel Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.02

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-79)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.03% contributes to the overall value of the Roode Heuvel Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.03

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-80)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:d9a5549df02c4023e48b
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 207510000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.07% in the Roode Heuvel Indicated resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 207.51

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-81)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 3.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Inferred resource of 31.53 Mt at 3.12% THM provides exploration upside, but requires further work to upgrade confidence.

- Positive factor: Inferred resource indicates exploration upside

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 3.12

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-82)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 3.31
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 3.31

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-83)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 0.94
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.94

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-84)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 2.58
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 2.58% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Ilmenite is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.58

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-85)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.07% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.07

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-86)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-87)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.07% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.07

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-88)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:a41aa0f9f8309f3cb00f
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 31530000
- Grade: 0.13
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.13% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Zircon is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.13

Context: 31.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-89)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 3.61
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Inferred resource of 52.74 Mt at 3.61% THM provides exploration upside, but requires further work to upgrade confidence.

- Positive factor: Inferred resource indicates exploration upside

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 3.61

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-90)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 18.45
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 18.45

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-91)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 1.45
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 1.45

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-92)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 3.19
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.19% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Ilmenite is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 3.19

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-93)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.07% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.07

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-94)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.03% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-95)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.03% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-96)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:537430ce9910a4584869
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 52740000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.09% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Zircon is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.09

Context: 52.74

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-97)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 2.31
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Roode Heuvel Inferred resource of 77.62 Mt at 2.31% THM provides exploration upside, but requires further work to upgrade confidence.

- Positive factor: Inferred resource indicates exploration upside

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.31

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-98)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 20.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 20.03

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-99)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 2.87
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Roode Heuvel Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.87

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-100)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 1.97
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.97% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Ilmenite is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 1.97

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-101)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.06% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.06

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-102)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.02

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-103)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.03% contributes to the overall value of the Roode Heuvel Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-104)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3fbc2a06314ff67e8723
- Deposit or zone: Roode Heuvel
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 77620000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.06% in the Roode Heuvel Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Zircon is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.06

Context: 77.62

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-105)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 6.9
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Indicated resource shows an exceptionally high THM grade of 6.90%, indicating a very valuable portion of the deposit.

- Positive factor: Very high THM grade for an Indicated resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 6.90

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-106)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 7.78
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 7.78

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-107)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 3.24
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 3.24

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-108)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 5.52
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 5.52% in the Leeuvlei Indicated resource is exceptionally high, indicating strong economic potential.

- Positive factor: Very high ilmenite grade in the Indicated resource

Evidence · table

> 5.52

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-109)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.10% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.10

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-110)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 0.08
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.08% in the Leeuvlei Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.08

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-111)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 0.14
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.14% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.14

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-112)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:77e92dd3ddb04f185204
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 22360000
- Grade: 0.45
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.45% in the Leeuvlei Indicated resource is exceptionally high, indicating strong economic potential.

- Positive factor: Very high zircon grade in the Indicated resource

Evidence · table

> 0.45

Context: 22.36

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-113)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 4.23
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Indicated resource shows a high THM grade of 4.23%, indicating a valuable portion of the deposit with good confidence.

- Positive factor: High THM grade for an Indicated resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 4.23

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-114)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 14.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 14.05

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-115)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 7.18
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 7.18

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-116)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 3.45
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.45% in the Leeuvlei Indicated resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Indicated resource

Evidence · table

> 3.45

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-117)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 0.08
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.08% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.08

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-118)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.04% in the Leeuvlei Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.04

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-119)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.04% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.04

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-120)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3edfd1146198260be29f
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 121810000
- Grade: 0.16
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.16% in the Leeuvlei Indicated resource is a strong indicator of economic potential.

- Positive factor: High zircon grade in the Indicated resource

Evidence · table

> 0.16

Context: 121.81

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-121)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 2.11
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Indicated resource includes 66.53 Mt at 2.11% THM, adding to the project's overall scale.

- Positive factor: Large Indicated resource component

- Positive factor: JORC compliant and QP signed

Evidence · table

> 2.11

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-122)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 17.25
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 17.25

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-123)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 10.39
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Indicated resource provides geological context for processing considerations.

Evidence · table

> 10.39

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-124)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 1.7
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.70% in the Leeuvlei Indicated resource contributes to the overall economic potential.

- Positive factor: Ilmenite is a valuable heavy mineral component

Evidence · table

> 1.70

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-125)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.05% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.05

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-126)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% in the Leeuvlei Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.02

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-127)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.02% contributes to the overall value of the Leeuvlei Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.02

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-128)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1e2073a81138bf6d8a5d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 66530000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.07% in the Leeuvlei Indicated resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 66.53

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-129)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 5.52
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Inferred resource shows a high THM grade of 5.52%, indicating significant potential that requires further drilling to upgrade confidence.

- Positive factor: High THM grade for an Inferred resource

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 5.52

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-130)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 6.88
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 6.88

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-131)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 5.22
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 5.22

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-132)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 4.51
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 4.51% in the Leeuvlei Inferred resource indicates strong potential, but requires further drilling to upgrade confidence.

- Positive factor: High ilmenite grade in the Inferred resource

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 4.51

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-133)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.10% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.10

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-134)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.06% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.06

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-135)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.10% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.10

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-136)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:80f57ccfeb3d800b80e6
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 23380000
- Grade: 0.32
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.32% in the Leeuvlei Inferred resource indicates strong potential, but requires further drilling to upgrade confidence.

- Positive factor: High zircon grade in the Inferred resource

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.32

Context: 23.38

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-137)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 4.25
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Inferred resource shows a high THM grade of 4.25%, indicating significant potential that requires further drilling to upgrade confidence.

- Positive factor: High THM grade for an Inferred resource

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 4.25

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-138)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 14.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 14.12

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-139)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 5.78
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 5.78

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-140)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 3.4
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.40% in the Leeuvlei Inferred resource indicates strong potential, but requires further drilling to upgrade confidence.

- Positive factor: High ilmenite grade in the Inferred resource

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 3.40

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-141)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.09% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.09

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-142)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.04% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.04

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-143)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.04% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.04

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-144)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1120a720d51b815ba043
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 43430000
- Grade: 0.15
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.15% in the Leeuvlei Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Zircon is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.15

Context: 43.43

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-145)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 2.41
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Leeuvlei Inferred resource of 94.04 Mt at 2.41% THM provides exploration upside, but requires further work to upgrade confidence.

- Positive factor: Inferred resource indicates exploration upside

- Positive factor: JORC compliant and QP signed

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 2.41

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-146)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 15.27
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 15.27

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-147)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 9.59
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Leeuvlei Inferred resource provides geological context for processing considerations.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 9.59

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-148)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 1.86
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.86% in the Leeuvlei Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Ilmenite is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 1.86

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-149)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.06% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Leucoxene is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.06

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-150)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% is important for rare earth elements, but its presence in the Inferred category indicates a need for further confidence building.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.02

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-151)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 0.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.03% contributes to the overall value of the Leeuvlei Inferred resource, but is in the Inferred category.

- Positive factor: Rutile is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.03

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-152)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:c15614da11c0e2f7858d
- Deposit or zone: Leeuvlei
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 94040000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.09% in the Leeuvlei Inferred resource indicates potential, but requires further drilling to upgrade confidence.

- Positive factor: Zircon is a valuable heavy mineral component

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.09

Context: 94.04

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-153)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 4.85
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Sabies Measured resource shows a high THM grade of 4.85%, indicating a valuable and well-defined portion of the deposit.

- Positive factor: High THM grade for a Measured resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 4.85

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-154)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 2.72
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 2.72

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-155)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 0.77
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 0.77

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-156)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 3.66
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.66% in the Sabies Measured resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Measured resource

Evidence · table

> 3.66

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-157)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.10% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.10

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-158)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.06% in the Sabies Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.06

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-159)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.09% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.09

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-160)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:048021c0f94f03446f46
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 2090000
- Grade: 0.25
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.25% in the Sabies Measured resource is a strong indicator of economic potential.

- Positive factor: High zircon grade in the Measured resource

Evidence · table

> 0.25

Context: 2.09

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-161)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 4.58
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Sabies Measured resource shows a high THM grade of 4.58%, indicating a valuable and well-defined portion of the deposit.

- Positive factor: High THM grade for a Measured resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 4.58

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-162)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 15.17
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 15.17

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-163)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 1.18
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 1.18

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-164)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 3.42
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 3.42% in the Sabies Measured resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Measured resource

Evidence · table

> 3.42

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-165)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 0.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.12% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.12

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-166)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 0.05
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.05% in the Sabies Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.05

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-167)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 0.08
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.08% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.08

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-168)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:1dcda76e8c2127002d14
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1070000
- Grade: 0.19
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.19% in the Sabies Measured resource is a strong indicator of economic potential.

- Positive factor: High zircon grade in the Measured resource

Evidence · table

> 0.19

Context: 1.07

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-169)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 2.12
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Sabies Measured resource includes 1.23 Mt at 2.12% THM, contributing to the overall high-confidence resource base.

- Positive factor: Measured resource component

- Positive factor: JORC compliant and QP signed

Evidence · table

> 2.12

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-170)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 14.57
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 14.57

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-171)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 2.87
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Sabies Measured resource provides geological context for processing considerations.

Evidence · table

> 2.87

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-172)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 1.48
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 1.48% in the Sabies Measured resource contributes to the overall economic potential.

- Positive factor: Ilmenite is a valuable heavy mineral component

Evidence · table

> 1.48

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-173)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.07% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-174)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 0.02
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.02% in the Sabies Measured resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.02

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-175)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.04% contributes to the overall value of the Sabies Measured resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.04

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-176)

Kamiesberg Project · zircon

#### Identity

- Project: Kamiesberg Project
- Commodity: zircon
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:f5af4872faf03725c94f
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 1230000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The zircon grade of 0.09% in the Sabies Measured resource contributes to the overall economic potential.

- Positive factor: Zircon is a valuable heavy mineral component

Evidence · table

> 0.09

Context: 1.23

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-177)

Kamiesberg Project · thm

#### Identity

- Project: Kamiesberg Project
- Commodity: thm
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 3.56
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Sabies Indicated resource shows a high THM grade of 3.56%, indicating a valuable portion of the deposit with good confidence.

- Positive factor: High THM grade for an Indicated resource

- Positive factor: JORC compliant and QP signed

Evidence · table

> 3.56

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-178)

Kamiesberg Project · silt

#### Identity

- Project: Kamiesberg Project
- Commodity: silt
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 5.39
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported silt content for the Sabies Indicated resource provides geological context for processing considerations.

Evidence · table

> 5.39

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-179)

Kamiesberg Project · ovz

#### Identity

- Project: Kamiesberg Project
- Commodity: ovz
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 0.68
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The reported oversize content for the Sabies Indicated resource provides geological context for processing considerations.

Evidence · table

> 0.68

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-180)

Kamiesberg Project · ilmenite

#### Identity

- Project: Kamiesberg Project
- Commodity: ilmenite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 2.79
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The ilmenite grade of 2.79% in the Sabies Indicated resource is a strong indicator of economic potential.

- Positive factor: High ilmenite grade in the Indicated resource

Evidence · table

> 2.79

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-181)

Kamiesberg Project · leucoxene

#### Identity

- Project: Kamiesberg Project
- Commodity: leucoxene
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 0.09
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The leucoxene grade of 0.09% contributes to the overall value of the Sabies Indicated resource.

- Positive factor: Leucoxene is a valuable heavy mineral component

Evidence · table

> 0.09

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-182)

Kamiesberg Project · monazite

#### Identity

- Project: Kamiesberg Project
- Commodity: monazite
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 0.04
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The monazite grade of 0.04% in the Sabies Indicated resource is important for its rare earth element content.

- Positive factor: Monazite is a source of rare earth elements, adding strategic value

Evidence · table

> 0.04

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/replacement-spa-for-kamiesberg-mineral-project--5cd7aa7b-195f-4849-a696-d0ee3b87dee0#fact-resource-facts-183)

Kamiesberg Project · rutile

#### Identity

- Project: Kamiesberg Project
- Commodity: rutile
- Region: south\_africa
- Reported Region: South Africa
- Ticker: AMGO

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: GeoActiv \(Pty\) Ltd
- Resource group id: resource:3e7147f90f8b486cfdaa
- Deposit or zone: Sabies
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28800000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2020-03-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The rutile grade of 0.07% contributes to the overall value of the Sabies Indicated resource.

- Positive factor: Rutile is a valuable heavy mineral component

Evidence · table

> 0.07

Context: 28.80

#### 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 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

**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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.6 years before this release

## 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.
