# RND: Annual Report to shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03143646

Publisher: asx

Original announcement: 2026-09-24T09:24:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-24T10:16:02.336Z

Atlas analysis updated: 2026-09-24T10:16:02.336Z

- Company: Rand Mining Limited

- Ticker: RND

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Production, Resource update

- Extracted: 2026-09-24 10:16:03 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Rand Mining Limited reported a significant increase in profit after tax for the year ended 30 June 2026, driven by higher gold sales. The company provided an update on its East Kundana Joint Venture \(EKJV\) production, which included 102,206 ounces of gold from 1.27 million tonnes at 2.51 g/t gold. The annual Mineral Resources and Ore Reserves Statement showed a tonnage increase in resources but a slight decrease in contained gold, while reserves increased in both tonnage and contained gold. Exploration drilling at Seven Mile Hill identified a high-grade gold intercept of 0.9m at 14.98 g/t Au.

Reasoning: Rand Mining Limited reported a strong financial performance with increased profit and gold sales. The updated Mineral Resources show tonnage growth but a slight decrease in contained gold and grade, while Ore Reserves show growth in both tonnage and contained gold. Exploration drilling yielded a high-grade gold intercept, and processing recoveries were high.

- Positive factor: Significant increase in profit after tax

- Positive factor: Overall increase in contained gold in Ore Reserves

- Positive factor: Tonnage growth in Mineral Resources

- Positive factor: High gold recovery in processing

- Positive factor: Discovery of high-grade gold intercept in exploration drilling

- Negative factor: Slight decrease in contained gold in Mineral Resources despite tonnage growth

- Negative factor: Grade decline in Mineral Resources

- Negative factor: Drill intercepts are narrow and true width is not disclosed

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

Facts used in scoring: 37

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release explicitly states that samples were analyzed via Photon assaying and 4 acid digestion at Intertek Laboratory.

Evidence · text

> All samples were analysed via Photon assaying for gold, and 4 acid digestion for a full suite analysis of 48 elements. Assaying was conducted at Intertek Laboratory.

**Apparent Width Only**

Polarity: negative

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

Why it applies: The drill results table provides 'Metres' for intercept length but does not state true width or drill orientation.

Evidence · table

> Sample Metres Metres Hole ID Sample ID length From To Au Ag

**JORC Compliant**

Polarity: positive

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

Why it applies: The Mineral Resources and Ore Reserves are prepared in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(the JORC Code 2012\).

Evidence · text

> Evolution Mining Limited, as the manager of the EKJV, prepares the EKJV Mineral Resources and Ore Reserves on an annual basis in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(the JORC Code 2012\).

**QP/CP Signed**

Polarity: positive

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

Why it applies: The Annual Mineral Resources and Ore Reserves Statement has been approved by Mr Andrew Hawker, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy.

Evidence · text

> The Annual Mineral Resources and Ore Reserves Statement is based on, and fairly represents, information and documentation prepared by Mr Andrew Hawker, and the Annual Mineral Resources and Ore Reserves Statement as a whole has been approved by Mr Hawker. Mr Hawker is a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy and an independent consultant to Rand Mining Limited.

**Resource Update**

Polarity: neutral

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

Why it applies: The document presents an 'Annual Mineral Resources and Ore Reserves Statement' with comparisons to the prior year, indicating a revised estimate for an existing resource.

Evidence · text

> Annual Mineral Resources and Ore Reserves Statement

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: Mineral Resources increased by 0.23 million tonnes from 1.69 Mt to 1.92 Mt compared to the prior estimate.

Evidence · text

> Comparison with the Mineral Resources at 30 June 2025 \(refer table below\) shows an increase of 0.23 million tonnes

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: Mineral Resources average grade decreased from 3.7 g/t Au to 3.2 g/t Au compared to the prior estimate.

Evidence · text

> EKJV and Stockpiles 1.92 3.2 0.20 1.69 3.7 0.20

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: Mineral Resources showed a decrease of 0.004 million ounces of contained gold despite tonnage growth.

Evidence · text

> Comparison with the Mineral Resources at 30 June 2025 \(refer table below\) shows an increase of 0.23 million tonnes and a decrease of 0.004 million ounces

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Ore Reserves showed an increase of 0.01 million ounces of contained gold compared to the prior estimate.

Evidence · text

> Comparison with the Ore Reserves at 30 June 2025 \(refer table below\) shows an increase of approximately 0.05 million tonnes and an increase of 0.01 million ounces.

## Extracted facts

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

## Drill Results (36)

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-1)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.81
- Grade Unit: g/t
- Intercept: 0.95 m
- From: 126.75 m
- To: 127.7 m
- Intercept Depth: 126.75 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:126.75-127.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.81

Context: 0.95

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-2)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.53
- Grade Unit: Ag
- Intercept: 0.95 m
- From: 126.75 m
- To: 127.7 m
- Intercept Depth: 126.75 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:126.75-127.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.53

Context: 0.95

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-3)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.92
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 262.4 m
- To: 263 m
- Intercept Depth: 262.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:262.4-263

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.92

Context: 0.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-4)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.35
- Grade Unit: Ag
- Intercept: 0.6 m
- From: 262.4 m
- To: 263 m
- Intercept Depth: 262.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:262.4-263

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.35

Context: 0.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-5)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 333.4 m
- To: 334 m
- Intercept Depth: 333.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:333.4-334

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a low grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Low grade

- Negative factor: Apparent width only

Evidence · table

> 0.5

Context: 0.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-6)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.1
- Grade Unit: Ag
- Intercept: 0.6 m
- From: 333.4 m
- To: 334 m
- Intercept Depth: 333.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:333.4-334

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a very low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Low grade

- Negative factor: Apparent width only

Evidence · table

> 0.1

Context: 0.6

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-7)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 2.66
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 334 m
- To: 334.5 m
- Intercept Depth: 334 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334-334.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 2.66

Context: 0.5

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-8)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.18
- Grade Unit: Ag
- Intercept: 0.5 m
- From: 334 m
- To: 334.5 m
- Intercept Depth: 334 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334-334.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.18

Context: 0.5

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-9)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 334.5 m
- To: 334.8 m
- Intercept Depth: 334.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334.5-334.8

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow gold intercept at a very low grade, part of a broader exploration program.

- Negative factor: Very narrow intercept length

- Negative factor: Very low grade

- Negative factor: Apparent width only

Evidence · table

> 0.11

Context: 0.3

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-10)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.05
- Grade Unit: Ag
- Intercept: 0.3 m
- From: 334.5 m
- To: 334.8 m
- Intercept Depth: 334.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334.5-334.8

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow silver intercept at a very low grade, reported as a byproduct.

- Negative factor: Very narrow intercept length

- Negative factor: Very low grade

- Negative factor: Apparent width only

Evidence · table

> 0.05

Context: 0.3

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-11)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 334.8 m
- To: 335.5 m
- Intercept Depth: 334.8 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334.8-335.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a low grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.9

Context: 0.7

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-12)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 5.56
- Grade Unit: Ag
- Intercept: 0.7 m
- From: 334.8 m
- To: 335.5 m
- Intercept Depth: 334.8 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:334.8-335.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a moderate grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.56

Context: 0.7

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-13)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.51
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 351.6 m
- To: 352 m
- Intercept Depth: 351.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:351.6-352

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.51

Context: 0.4

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-14)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.37
- Grade Unit: Ag
- Intercept: 0.4 m
- From: 351.6 m
- To: 352 m
- Intercept Depth: 351.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:351.6-352

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.37

Context: 0.4

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-15)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.99
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 363 m
- To: 363.9 m
- Intercept Depth: 363 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:363-363.9

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.99

Context: 0.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-16)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.6
- Grade Unit: Ag
- Intercept: 0.9 m
- From: 363 m
- To: 363.9 m
- Intercept Depth: 363 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:363-363.9

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.6

Context: 0.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-17)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.34
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 371.5 m
- To: 372.3 m
- Intercept Depth: 371.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:371.5-372.3

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.34

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-18)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.55
- Grade Unit: Ag
- Intercept: 0.8 m
- From: 371.5 m
- To: 372.3 m
- Intercept Depth: 371.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:371.5-372.3

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.55

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-19)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 377.6 m
- To: 378.4 m
- Intercept Depth: 377.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:377.6-378.4

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.05

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-20)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.25
- Grade Unit: Ag
- Intercept: 0.8 m
- From: 377.6 m
- To: 378.4 m
- Intercept Depth: 377.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:377.6-378.4

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.25

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-21)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 380.6 m
- To: 381.4 m
- Intercept Depth: 380.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:380.6-381.4

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-22)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.24
- Grade Unit: Ag
- Intercept: 0.8 m
- From: 380.6 m
- To: 381.4 m
- Intercept Depth: 380.6 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:380.6-381.4

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.24

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-23)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 14.98
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 435 m
- To: 435.9 m
- Intercept Depth: 435 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:435-435.9

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: This is the highest-grade gold intercept reported, indicating bonanza-grade mineralization over a narrow width.

- Positive factor: High-grade gold intercept

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 14.98

Context: 0.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-24)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 4.57
- Grade Unit: Ag
- Intercept: 0.9 m
- From: 435 m
- To: 435.9 m
- Intercept Depth: 435 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:435-435.9

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a moderate grade, reported as a byproduct alongside high-grade gold.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.57

Context: 0.9

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-25)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 435.9 m
- To: 436.7 m
- Intercept Depth: 435.9 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:435.9-436.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a low grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Low grade

- Negative factor: Apparent width only

Evidence · table

> 0.6

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-26)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.32
- Grade Unit: Ag
- Intercept: 0.8 m
- From: 435.9 m
- To: 436.7 m
- Intercept Depth: 435.9 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:435.9-436.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.32

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-27)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.49
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 446.4 m
- To: 447.2 m
- Intercept Depth: 446.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:446.4-447.2

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.49

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-28)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.65
- Grade Unit: Ag
- Intercept: 0.8 m
- From: 446.4 m
- To: 447.2 m
- Intercept Depth: 446.4 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:446.4-447.2

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a low grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 0.65

Context: 0.8

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-29)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 447.2 m
- To: 448.5 m
- Intercept Depth: 447.2 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:447.2-448.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a low grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Low grade

- Negative factor: Apparent width only

Evidence · table

> 0.74

Context: 1.3

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-30)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.11
- Grade Unit: Ag
- Intercept: 1.3 m
- From: 447.2 m
- To: 448.5 m
- Intercept Depth: 447.2 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:447.2-448.5

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a moderate grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.11

Context: 1.3

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-31)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 8.14
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 448.5 m
- To: 448.85 m
- Intercept Depth: 448.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:448.5-448.85

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow, high-grade gold intercept, indicating localized strong mineralization.

- Positive factor: High-grade gold intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 8.14

Context: 0.35

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-32)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 3.38
- Grade Unit: Ag
- Intercept: 0.35 m
- From: 448.5 m
- To: 448.85 m
- Intercept Depth: 448.5 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:448.5-448.85

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow silver intercept at a moderate grade, reported as a byproduct.

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.38

Context: 0.35

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-33)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 448.85 m
- To: 449.2 m
- Intercept Depth: 448.85 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:448.85-449.2

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow gold intercept at a very low grade, part of a broader exploration program.

- Negative factor: Very narrow intercept length

- Negative factor: Very low grade

- Negative factor: Apparent width only

Evidence · table

> 0.12

Context: 0.35

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-34)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 0.15
- Grade Unit: Ag
- Intercept: 0.35 m
- From: 448.85 m
- To: 449.2 m
- Intercept Depth: 448.85 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:448.85-449.2

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A very narrow silver intercept at a very low grade, reported as a byproduct.

- Negative factor: Very narrow intercept length

- Negative factor: Very low grade

- Negative factor: Apparent width only

Evidence · table

> 0.15

Context: 0.35

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-35)

Seven Mile Hill · gold

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: gold
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 1.83
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 449.2 m
- To: 449.7 m
- Intercept Depth: 449.2 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:449.2-449.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow gold intercept at a moderate grade, part of a broader exploration program.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 1.83

Context: 0.5

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 7DD-003

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-drill-facts-36)

Seven Mile Hill · silver

#### Identity

- Hole ID: 7DD-003
- Project: Seven Mile Hill
- Commodity: silver
- Region: australia
- Reported Region: australia
- Ticker: RND

#### Geometry

- Grade: 2.18
- Grade Unit: Ag
- Intercept: 0.5 m
- From: 449.2 m
- To: 449.7 m
- Intercept Depth: 449.2 m

#### Classification

- Sample Type: drill
- Group ID: 7DD-003:449.2-449.7

#### QA/QC

- Laboratory: Intertek Laboratory
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A narrow silver intercept at a moderate grade, reported as a byproduct.

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 2.18

Context: 0.5

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (1)

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/rnd-annual-report-to-shareholders--349b4de2-b552-4a03-a27d-e7d2aad9bee8#fact-resource-facts-0)

EKJV and Stockpiles · gold

#### Identity

- Project: EKJV and Stockpiles
- Commodity: gold
- Ticker: RND

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Andrew Hawker
- Resource group id: resource:a6cc1b6d4ba190c7e39d
- Deposit or zone: Underground

#### Resource Data

- Category: probable
- Tonnes: 410000
- Grade: 4.34
- Grade Unit: g/t
- Contained Metal: 0.06
- Contained Unit: moz
- Cutoff Grade: 3000
- Cutoff Unit: AUD$/oz

#### Prior Estimate

- Resource Date: 2025-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: A significant Probable Reserve for underground gold at a high grade, confirming economic viability for mining.

- Positive factor: Probable Reserve category

- Positive factor: High gold grade for underground

- Positive factor: Economic viability confirmed

Evidence · table

> 0.41

Context: Underground

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

## 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.
