Results for the year ended 30 June 2026
Original announcement by lse on
- Company
- Thor Energy Plc
- Ticker
- THR
- Exchange
- LSE
- Region
- South Australia
- Primary commodity
- Hydrogen
- Secondary commodities
- Helium, Copper, Gold, Uranium, Vanadium, Tungsten, Molybdenum
- Document categories
- Resource update, Agreement transaction, Other
- Extracted
- 2026-09-30 13:22:37 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Thor Energy Plc reported its annual results for the year ended June 30, 2026, highlighting a strategic pivot towards natural hydrogen and helium exploration. The company divested non-core assets, including its Molyhil Tungsten Project and US uranium/vanadium interests, to fund its flagship HY-Range natural hydrogen and helium project in South Australia. While the company reported historical inferred mineral resources for copper and gold projects in South Australia, it also announced a new prospective resource for hydrogen and helium at HY-Range, based on an assessment by RISC Advisory, though it noted a material uncertainty regarding its ability to continue as a going concern.
Reasoning: Thor Energy has made a strategic shift towards natural hydrogen and helium, supported by asset divestments and a new prospective resource. However, the company faces a going concern risk, and its mineral resource estimates are historical and/or early-stage, limiting immediate confidence.
Positive factors
- Strategic focus on natural hydrogen and helium
- Divestment of non-core assets to fund core projects
- New prospective resource for hydrogen and helium established
- Cash position improved through asset sales
Negative factors
- Material uncertainty related to going concern
- Copper and gold resource estimates are historical and inferred
- Hydrogen and helium estimates are early-stage prospective resources, not JORC categories
- No explicit QP/CP sign-off for resource estimates in this document
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 39
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Alford East, Alford West, and Kapunda mineral resource estimates are all classified as Inferred, indicating a low level of geological confidence.
Evidence · text
“Alford East has an Inferred Mineral Resource Estimate of 177,000 tonnes contained copper & 71,500 oz of contained gold.”
Historical Estimate Onlynegative
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: The Alford East, Alford West, and Kapunda resource estimates were reported in 2021, 2019, and 2018 respectively, making them historical and not new information.
Evidence · text
“Table A: Alford East Mineral Resource Estimate (Reported 22 January 2021)”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Alford East (2021), Alford West (2019), and Kapunda (2018) resource estimates are all older than 2 years, raising concerns about data currency.
Evidence · text
“Table A: Alford East Mineral Resource Estimate (Reported 22 January 2021)”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The Natural Hydrogen and Helium Prospective Resource is the first formal estimate for these commodities at the HY-Range Project, establishing a baseline for future exploration.
Evidence · text
“Table E: Natural Hydrogen and Helium Prospective Resource (Reported 31 March 2026)”
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: The document does not explicitly name a Qualified Person or Competent Person responsible for the mineral resource estimates or the prospective resource in this release, despite mentioning JORC compliance for the historical estimates.
Evidence · text
“The Company confirms that it is not aware of any information or data which would materially affect this previously announced resource estimate, and all assumptions and technical parameters underpinning the estimates in the Announcements, continue to apply and have not materially changed.”
Deleterious Elements Presentnegative · Story-specific tag
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: The company sold its US uranium and vanadium subsidiaries, indicating these were considered non-core and potentially problematic for their primary focus.
Evidence · text
“Completed the sale of a 75% interest in the Company's US uranium and vanadium subsidiaries (Standard Minerals Inc. and Cisco Minerals Inc.) to Metals One PLC”
Going Concern Risknegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The auditor's report highlights a material uncertainty related to going concern, as the company remains reliant on securing additional funding.
Evidence · text
“Material uncertainty related to going concern We draw attention to Note 1c in the financial statements, which explains that the Group remains reliant on securing additional funding in order to meet its working capital requirements as they fall due and to continue advancing its operations.”
Extracted facts
Stored fact records: 39. Some facts used in scoring do not have a stored record.
Resource Estimates (39)
inferredAlford East · copperTonnes: 24600000Grade: 0.12Grade Unit: %Contained Metal: 30000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:3e459735655f514cfe31
- Deposit or zone
- AE_1
Resource Data
- Category
- inferred
- Tonnes
- 24600000
- Grade
- 0.12
- Grade Unit
- %
- Contained Metal
- 30000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.12”
Context: 24.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 24600000Grade: 0.021Grade Unit: g/tContained Metal: 16000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:3e459735655f514cfe31
- Deposit or zone
- AE_1
Resource Data
- Category
- inferred
- Tonnes
- 24600000
- Grade
- 0.021
- Grade Unit
- g/t
- Contained Metal
- 16000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.021”
Context: 24.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 6800000Grade: 0.13Grade Unit: %Contained Metal: 9000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:f3c243b86ebddb9c3ba7
- Deposit or zone
- AE_2
Resource Data
- Category
- inferred
- Tonnes
- 6800000
- Grade
- 0.13
- Grade Unit
- %
- Contained Metal
- 9000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.13”
Context: 6.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 6800000Grade: 0.004Grade Unit: g/tContained Metal: 1000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:f3c243b86ebddb9c3ba7
- Deposit or zone
- AE_2
Resource Data
- Category
- inferred
- Tonnes
- 6800000
- Grade
- 0.004
- Grade Unit
- g/t
- Contained Metal
- 1000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.004”
Context: 6.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 34900000Grade: 0.09Grade Unit: %Contained Metal: 33000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:35b731a3502c4a6a602b
- Deposit or zone
- AE_3
Resource Data
- Category
- inferred
- Tonnes
- 34900000
- Grade
- 0.09
- Grade Unit
- %
- Contained Metal
- 33000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.09”
Context: 34.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 34900000Grade: 0.022Grade Unit: g/tContained Metal: 25000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:35b731a3502c4a6a602b
- Deposit or zone
- AE_3
Resource Data
- Category
- inferred
- Tonnes
- 34900000
- Grade
- 0.022
- Grade Unit
- g/t
- Contained Metal
- 25000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.022”
Context: 34.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 8000000Grade: 0.11Grade Unit: %Contained Metal: 8000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:62ee7a76a4d503a21a0a
- Deposit or zone
- AE_4
Resource Data
- Category
- inferred
- Tonnes
- 8000000
- Grade
- 0.11
- Grade Unit
- %
- Contained Metal
- 8000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.11”
Context: 8.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 8000000Grade: 0.016Grade Unit: g/tContained Metal: 4000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:62ee7a76a4d503a21a0a
- Deposit or zone
- AE_4
Resource Data
- Category
- inferred
- Tonnes
- 8000000
- Grade
- 0.016
- Grade Unit
- g/t
- Contained Metal
- 4000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.016”
Context: 8.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 11000000Grade: 0.22Grade Unit: %Contained Metal: 24000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:2bbf66a592d64948ac45
- Deposit or zone
- AE_5
Resource Data
- Category
- inferred
- Tonnes
- 11000000
- Grade
- 0.22
- Grade Unit
- %
- Contained Metal
- 24000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.22”
Context: 11.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 11000000Grade: 0.03Grade Unit: g/tContained Metal: 11000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:2bbf66a592d64948ac45
- Deposit or zone
- AE_5
Resource Data
- Category
- inferred
- Tonnes
- 11000000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 11000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.030”
Context: 11.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 31300000Grade: 0.19Grade Unit: %Contained Metal: 61000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:0de0cfd823fccfef65b2
- Deposit or zone
- AE-8
Resource Data
- Category
- inferred
- Tonnes
- 31300000
- Grade
- 0.19
- Grade Unit
- %
- Contained Metal
- 61000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.19”
Context: 31.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 31300000Grade: 0.008Grade Unit: g/tContained Metal: 8000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:0de0cfd823fccfef65b2
- Deposit or zone
- AE-8
Resource Data
- Category
- inferred
- Tonnes
- 31300000
- Grade
- 0.008
- Grade Unit
- g/t
- Contained Metal
- 8000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.008”
Context: 31.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 7700000Grade: 0.14Grade Unit: %Contained Metal: 10000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:d801c40bed80e198b8e2
- Deposit or zone
- AE-7
Resource Data
- Category
- inferred
- Tonnes
- 7700000
- Grade
- 0.14
- Grade Unit
- %
- Contained Metal
- 10000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.14”
Context: 7.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 7700000Grade: 0.025Grade Unit: g/tContained Metal: 6000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:d801c40bed80e198b8e2
- Deposit or zone
- AE-7
Resource Data
- Category
- inferred
- Tonnes
- 7700000
- Grade
- 0.025
- Grade Unit
- g/t
- Contained Metal
- 6000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.025”
Context: 7.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 1300000Grade: 0.13Grade Unit: %Contained Metal: 2000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:abcf3042c25f17cf2c13
- Deposit or zone
- AE-6
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.13
- Grade Unit
- %
- Contained Metal
- 2000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.13”
Context: 1.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 1300000Grade: 0.011Grade Unit: g/tContained Metal: 500Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:abcf3042c25f17cf2c13
- Deposit or zone
- AE-6
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 0.011
- Grade Unit
- g/t
- Contained Metal
- 500
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.011”
Context: 1.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · copperTonnes: 125600000Grade: 0.14Grade Unit: %Contained Metal: 177000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:513411746abcb6a5241f
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 125600000
- Grade
- 0.14
- Grade Unit
- %
- Contained Metal
- 177000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a total inferred resource from 2021, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.14”
Context: 125.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford East · goldTonnes: 125600000Grade: 0.018Grade Unit: g/tContained Metal: 71500Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford East
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:513411746abcb6a5241f
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 125600000
- Grade
- 0.018
- Grade Unit
- g/t
- Contained Metal
- 71500
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2021-01-22
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-22T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a total inferred resource from 2021 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.018”
Context: 125.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlford West · copperTonnes: 46500000Grade: 0.17Grade Unit: %Contained Metal: 80000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:362f6050653223e95e85
- Deposit or zone
- Wombat
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 46500000
- Grade
- 0.17
- Grade Unit
- %
- Contained Metal
- 80000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2019, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.17”
Context: 46.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 years before this release
inferredAlford West · copperTonnes: 11800000Grade: 0.19Grade Unit: %Contained Metal: 22000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:efc779059fa7cc39b1f6
- Deposit or zone
- Bruce
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 11800000
- Grade
- 0.19
- Grade Unit
- %
- Contained Metal
- 22000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2019, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.19”
Context: 11.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 years before this release
inferredAlford West · copperTonnes: 7800000Grade: 0.15Grade Unit: %Contained Metal: 12000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:f9b2a060eb7aeeab16ef
- Deposit or zone
- Larwood
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 7800000
- Grade
- 0.15
- Grade Unit
- %
- Contained Metal
- 12000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2019, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.15”
Context: 7.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 years before this release
inferredAlford West · goldTonnes: 7800000Grade: 0.04Grade Unit: g/tContained Metal: 10000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:f9b2a060eb7aeeab16ef
- Deposit or zone
- Larwood
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 7800000
- Grade
- 0.04
- Grade Unit
- g/t
- Contained Metal
- 10000
- Contained Unit
- oz
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2019 with a very low gold grade, indicating low confidence and limited novelty.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- Gold grade is very low, even for a porphyry deposit
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.04”
Context: 7.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 years before this release
inferredAlford West · copperTonnes: 66100000Grade: 0.17Grade Unit: %Contained Metal: 114000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:b7ce18dfb3ea5c3eb0d4
- Deposit or zone
- Total
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 66100000
- Grade
- 0.17
- Grade Unit
- %
- Contained Metal
- 114000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a total inferred resource from 2019, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.17”
Context: 66.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 years before this release
inferredKapunda · copperTonnes: 30300000Grade: 0.24Grade Unit: %Contained Metal: 73000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Kapunda
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:81fb397208c287741d45
- Deposit or zone
- Copper Oxide
Resource Data
- Category
- inferred
- Tonnes
- 30300000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 73000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2018-02-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-02-12T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2018, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.24”
Context: 30.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.6 years before this release
inferredKapunda · copperTonnes: 17100000Grade: 0.27Grade Unit: %Contained Metal: 46000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Kapunda
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:84be5e57a9dba703154e
- Deposit or zone
- Secondary copper sulphide
Resource Data
- Category
- inferred
- Tonnes
- 17100000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 46000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2018-02-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-02-12T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inferred resource from 2018, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.27”
Context: 17.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.6 years before this release
inferredKapunda · copperTonnes: 47400000Grade: 0.25Grade Unit: %Contained Metal: 119000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Kapunda
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:aff2b2885e665f9c9fcd
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 47400000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 119000
- Contained Unit
- t
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2018-02-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-02-12T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a total inferred resource from 2018, indicating low confidence and limited novelty. The grade is moderate for copper.
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.25”
Context: 47.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.6 years before this release
inferredHY-Range · hydrogenContained Metal: 275Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:7eb660578244441fdaf9
- Deposit or zone
- RSEL 802 (net) (1U)
Resource Data
- Category
- inferred
- Contained Metal
- 275
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“275”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · hydrogenContained Metal: 1050Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:4d227c6dcd8798fccc30
- Deposit or zone
- RSEL 802 (net) (2U)
Resource Data
- Category
- inferred
- Contained Metal
- 1050
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“1,050”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · hydrogenContained Metal: 3511Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:207113a32325bcecc576
- Deposit or zone
- RSEL 802 (net) (3U)
Resource Data
- Category
- inferred
- Contained Metal
- 3511
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“3,511”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 25Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:7eb660578244441fdaf9
- Deposit or zone
- RSEL 802 (net) (1U)
Resource Data
- Category
- inferred
- Contained Metal
- 25
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“25”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 115Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:4d227c6dcd8798fccc30
- Deposit or zone
- RSEL 802 (net) (2U)
Resource Data
- Category
- inferred
- Contained Metal
- 115
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“115”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 427Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:207113a32325bcecc576
- Deposit or zone
- RSEL 802 (net) (3U)
Resource Data
- Category
- inferred
- Contained Metal
- 427
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“427”
Context: RSEL 802 (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · hydrogenContained Metal: 221Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:dc2d738cf5d77598f376
- Deposit or zone
- Thor (net) (1U)
Resource Data
- Category
- inferred
- Contained Metal
- 221
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“221”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · hydrogenContained Metal: 842Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:1114655ee33233ed1990
- Deposit or zone
- Thor (net) (2U)
Resource Data
- Category
- inferred
- Contained Metal
- 842
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“842”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · hydrogenContained Metal: 2816Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- hydrogen
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:57e660ee5fc25663e5ac
- Deposit or zone
- Thor (net) (3U)
Resource Data
- Category
- inferred
- Contained Metal
- 2816
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for hydrogen, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for hydrogen, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“2,816”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 20Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:dc2d738cf5d77598f376
- Deposit or zone
- Thor (net) (1U)
Resource Data
- Category
- inferred
- Contained Metal
- 20
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“20”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 90Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:1114655ee33233ed1990
- Deposit or zone
- Thor (net) (2U)
Resource Data
- Category
- inferred
- Contained Metal
- 90
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“90”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHY-Range · heliumContained Metal: 343Contained Unit: bcfView all detailsHide details
Identity
- Project
- HY-Range
- Commodity
- helium
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:57e660ee5fc25663e5ac
- Deposit or zone
- Thor (net) (3U)
Resource Data
- Category
- inferred
- Contained Metal
- 343
- Contained Unit
- bcf
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a new prospective resource for helium, indicating early-stage potential, but it is speculative and not a formal JORC resource category.
Positive factors
- Maiden prospective resource for helium, indicating new potential
- Assessment undertaken by RISC Advisory Pty Ltd
Negative factors
- Prospective resource is an early-stage, speculative estimate, not a JORC compliant resource category (Measured, Indicated, Inferred)
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“343”
Context: Thor (net)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredAlford West · copperTonnes: 66099999.99999999Grade: 0.17Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Alford West
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- THR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:7525a2a7babcbc85e227
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 66099999.99999999
- Grade
- 0.17
- Grade Unit
- %
- Cutoff Grade
- 0.05
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2019-08-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-08-15T00:00:00.000Z
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a total inferred resource from 2019, indicating low confidence and limited novelty. The grade is moderate for copper. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category indicates low geological confidence
- Estimate is historical, reducing its current relevance
- No explicit QP/CP sign-off for this estimate in the current document
Evidence · table
“0.17”
Context: 66.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.1 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.