RKB: Annual Report to shareholders

Original announcement by asx on

Company
Rokeby Resources
Ticker
RKB
Exchange
ASX
Region
Victoria
Primary commodity
Gold
Secondary commodities
Antimony, Copper, Silver
Document categories
Other, Resource update, Capital raise
Extracted
2026-10-22 05:04:52 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Rokeby Resources' annual report highlights the strategic acquisition of the Omeo Gold Project, a high-grade gold asset in Victoria, funded by a $4.34 million placement. The company has commenced a nine-hole drilling program at the Sunnyside deposit within Omeo to upgrade historical estimates, with assay results pending. The report also presents historical, non-JORC compliant resource estimates for the Maude and Sunnyside deposits, totaling 2.4 Mt at 4.02 g/t Au for 320,000 ounces of gold.

Reasoning: The annual report details the strategic acquisition of the Omeo Gold Project, funded by a capital raise, and outlines an exploration strategy including a drilling program. While the acquisition and funding are positive, the resource estimates presented are historical and not JORC compliant, and new drill results are pending, leading to mixed sentiment and moderate confidence.

Positive factors

  • Strategic acquisition of Omeo Gold Project
  • Successful capital raise for funding
  • Drilling program commenced at Sunnyside
  • Long-term tenure secured for Mt Wills goldfield

Negative factors

  • Resource estimates are historical and non-JORC compliant
  • No new drill results reported yet
  • Company operating at a loss
  • Material uncertainty regarding going concern

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

Facts used in scoring: 10

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Resource Estimates (8)

indicatedOmeo Gold Project · goldTonnes: 414000Grade: 5.2Grade Unit: g/tContained Metal: 69Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:c817847b00ccdbd05015
Deposit or zone
Maude

Resource Data

Category
indicated
Tonnes
414000
Grade
5.2
Grade Unit
g/t
Contained Metal
69
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“5.2”

Context: 414

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

inferredOmeo Gold Project · goldTonnes: 999000Grade: 3.5Grade Unit: g/tContained Metal: 112Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:77f5a9e799d761129b63
Deposit or zone
Maude

Resource Data

Category
inferred
Tonnes
999000
Grade
3.5
Grade Unit
g/t
Contained Metal
112
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“3.5”

Context: 999

indicatedOmeo Gold Project · goldTonnes: 113000Grade: 8.8Grade Unit: g/tContained Metal: 32Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:95558562768efe8f8089
Deposit or zone
Sunnyside

Resource Data

Category
indicated
Tonnes
113000
Grade
8.8
Grade Unit
g/t
Contained Metal
32
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“8.8”

Context: 113

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

inferredOmeo Gold Project · goldTonnes: 930000Grade: 3.5Grade Unit: g/tContained Metal: 106Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:523d021e208ee742504c
Deposit or zone
Sunnyside

Resource Data

Category
inferred
Tonnes
930000
Grade
3.5
Grade Unit
g/t
Contained Metal
106
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“3.5”

Context: 930

indicatedOmeo Gold Project · goldTonnes: 527000Grade: 6Grade Unit: g/tContained Metal: 101Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:0e55b9b994f2e8537c86
Deposit or zone
Total Indicated

Resource Data

Category
indicated
Tonnes
527000
Grade
6
Grade Unit
g/t
Contained Metal
101
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“6.0”

Context: 527

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

inferredOmeo Gold Project · goldTonnes: 1929000Grade: 3.5Grade Unit: g/tContained Metal: 218Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:5edeb19c667578653fb5
Deposit or zone
Total Inferred

Resource Data

Category
inferred
Tonnes
1929000
Grade
3.5
Grade Unit
g/t
Contained Metal
218
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“3.5”

Context: 1929

inferredOmeo Gold Project · goldTonnes: 66500Grade: 5.29Grade Unit: g/tContained Metal: 11.3Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:fdeda398196579167d79
Deposit or zone
Powers Gully

Resource Data

Category
inferred
Tonnes
66500
Grade
5.29
Grade Unit
g/t
Contained Metal
11.3
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“5.29”

Context: 66.5

inferredOmeo Gold Project · goldTonnes: 2456000Grade: 4Grade Unit: g/tContained Metal: 331.3Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Omeo Gold Project
Commodity
gold
Region
australia_vic
Reported Region
Victoria
Ticker
RKB

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Qualified person names
Mr Mathew Perrot
Resource group id
resource:93454790a71d8c2471a4
Deposit or zone
Total Indicated & Inferred

Resource Data

Category
inferred
Tonnes
2456000
Grade
4
Grade Unit
g/t
Contained Metal
331.3
Contained Unit
koz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2019-12-06T00:00:00.000Z

Dates

Event date
2026-10-22T00:00:00.000Z

Reasoning: The resource estimate is historical, non-JORC compliant, and lacks a Competent Person sign-off for resource classification, reducing confidence in its current applicability.

Negative factors

  • Historical estimate not JORC compliant
  • No Competent Person sign-off for resource classification
  • Estimate is stale (from 2019)
  • Cut-off grade not disclosed

Evidence · table

“4.0”

Context: 2456

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.