RRL: Citi Australia Conference Presentation

Original announcement by asx on

Company
Regis Resources Limited
Ticker
RRL
Exchange
ASX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Other, Resource update
Extracted
2026-10-19 22:40:45 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Regis Resources presented an overview at the Citi Australia Conference, highlighting its strong financial position with significant cash and bullion, consistent dividends, and sector-leading free cash flow. The presentation reaffirmed the company's substantial gold Mineral Resources of 8.3 Moz and Ore Reserves of 3.9 Moz (Group totals), primarily from its Duketon, Tropicana, and McPhillamys projects, with effective dates of December 2025 and May 2026. While the resource and reserve figures are re-stated from previous ASX announcements, the company emphasized ongoing growth in underground reserves and progress on the McPhillamys project.

Reasoning: The presentation provides a comprehensive overview of Regis Resources, reaffirming its substantial gold resource and reserve base, strong financial performance, and growth projects. However, the resource and reserve figures themselves are not new, being re-stated from earlier announcements.

Positive factors

  • Reaffirmation of substantial gold resources and reserves across multiple projects.
  • Growth in underground reserves at Duketon and Tropicana.
  • Positive PFS for McPhillamys.
  • Strong financial position (cash, dividends, FCF).

Negative factors

  • No new resource/reserve information; figures are re-stated from prior releases.
  • McPhillamys still has permitting uncertainties despite Federal Court ruling.

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

Facts used in scoring: 32

Extracted facts

Stored fact records: 32. Some facts used in scoring do not have a stored record.

Resource Estimates (32)

probableDuketon North · goldTonnes: 15000000Grade: 0.9Grade Unit: g/tContained Metal: 423Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9cdaef402e5f0f04558c
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
15000000
Grade
0.9
Grade Unit
g/t
Contained Metal
423
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable open-pit reserve for Duketon North contributes to the company's overall reserve base, but the figures are not new.

Positive factors

  • Contribution to overall reserve base.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“0.9”

Context: 15

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenDuketon North · goldTonnes: 1000000Grade: 0.5Grade Unit: g/tContained Metal: 9Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:4b2497012f5f8645c3b1
Material type
stockpile
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
1000000
Grade
0.5
Grade Unit
g/t
Contained Metal
9
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved stockpile reserve is small and low-grade, offering limited impact, and the figures are not new.

Positive factors

  • Proved category provides high confidence.

Negative factors

  • Low grade and small scale.
  • Figures are re-stated from prior releases.

Evidence · table

“0.5”

Context: 1

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableDuketon South · goldTonnes: 4000000Grade: 1.1Grade Unit: g/tContained Metal: 141Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:41b6630f6056720bb5d5
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
4000000
Grade
1.1
Grade Unit
g/t
Contained Metal
141
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable open-pit reserve for Duketon South contributes to the company's overall reserve base, but the figures are not new.

Positive factors

  • Contribution to overall reserve base.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.1”

Context: 4

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenDuketon South · goldTonnes: 0Grade: 1.6Grade Unit: g/tContained Metal: 12Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6ca93b66ded0110d16ee
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
0
Grade
1.6
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved underground reserve is very small, offering limited impact, and the figures are not new.

Positive factors

  • Proved category provides high confidence.

Negative factors

  • Very small tonnage.
  • Figures are re-stated from prior releases.

Evidence · table

“1.6”

Context: 0

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableDuketon South · goldTonnes: 12000000Grade: 1.8Grade Unit: g/tContained Metal: 702Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:eb6798c3588da623a26c
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
12000000
Grade
1.8
Grade Unit
g/t
Contained Metal
702
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable underground reserve at Duketon South is significant in scale and grade, contributing materially to the company's reserve base, though the figures are not new.

Positive factors

  • Significant contained metal for an underground reserve.
  • Good grade for underground mining.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.8”

Context: 12

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenDuketon South · goldTonnes: 5000000Grade: 0.6Grade Unit: g/tContained Metal: 101Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:57ed2c27d7d184dbc8fd
Material type
stockpile
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
5000000
Grade
0.6
Grade Unit
g/t
Contained Metal
101
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved stockpile reserve is of moderate scale but low grade, offering limited impact, and the figures are not new.

Positive factors

  • Proved category provides high confidence.

Negative factors

  • Low grade.
  • Figures are re-stated from prior releases.

Evidence · table

“0.6”

Context: 5

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenTropicana · goldTonnes: 1000000Grade: 1.4Grade Unit: g/tContained Metal: 28Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:adb1e8fcd2b93a0d477f
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
1000000
Grade
1.4
Grade Unit
g/t
Contained Metal
28
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved open-pit reserve at Tropicana is small, offering limited impact, and the figures are not new.

Positive factors

  • Proved category provides high confidence.

Negative factors

  • Small scale.
  • Figures are re-stated from prior releases.

Evidence · table

“1.4”

Context: 1

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableTropicana · goldTonnes: 4000000Grade: 1.8Grade Unit: g/tContained Metal: 213Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:c43864d944a44987cb48
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
4000000
Grade
1.8
Grade Unit
g/t
Contained Metal
213
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable open-pit reserve at Tropicana contributes to the company's overall reserve base, but the figures are not new.

Positive factors

  • Contribution to overall reserve base.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.8”

Context: 4

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenTropicana · goldTonnes: 1000000Grade: 2.8Grade Unit: g/tContained Metal: 121Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:adb1e8fcd2b93a0d477f
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
1000000
Grade
2.8
Grade Unit
g/t
Contained Metal
121
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved underground reserve at Tropicana has a good grade, contributing to the reserve base, but the figures are not new.

Positive factors

  • High grade for underground mining.
  • Proved category provides high confidence.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.8”

Context: 1

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableTropicana · goldTonnes: 1000000Grade: 2.9Grade Unit: g/tContained Metal: 134Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:5516a868ddcad6b8ec45
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
1000000
Grade
2.9
Grade Unit
g/t
Contained Metal
134
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable underground reserve at Tropicana has a good grade, contributing to the reserve base, but the figures are not new.

Positive factors

  • High grade for underground mining.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.9”

Context: 1

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

provenTropicana · goldTonnes: 5000000Grade: 0.5Grade Unit: g/tContained Metal: 79Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d6a2acce37d1c84bc83e
Material type
stockpile
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
5000000
Grade
0.5
Grade Unit
g/t
Contained Metal
79
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This proved stockpile reserve is of moderate scale but low grade, offering limited impact, and the figures are not new.

Positive factors

  • Proved category provides high confidence.

Negative factors

  • Low grade.
  • Figures are re-stated from prior releases.

Evidence · table

“0.5”

Context: 5

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableMcPhillamys · goldTonnes: 56000000Grade: 1.1Grade Unit: g/tContained Metal: 1890Contained Unit: kozView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
RRL

Resource scope

Estimate type
reserve
Effective date
2026-05-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:f6ac086bfc42fa54b592
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
probable
Tonnes
56000000
Grade
1.1
Grade Unit
g/t
Contained Metal
1890
Contained Unit
koz

Prior Estimate

Resource Date
2026-05-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This probable open-pit reserve at McPhillamys is very significant in scale and grade, representing a major asset for the company, though the figures are not new.

Positive factors

  • Very large contained metal for a single project.
  • Good grade for an open-pit reserve.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.1”

Context: 56

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedDuketon North · goldTonnes: 39000000Grade: 0.9Grade Unit: g/tContained Metal: 1140Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:e9e5d558bd14d23812b5
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
39000000
Grade
0.9
Grade Unit
g/t
Contained Metal
1140
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated open-pit resource at Duketon North is substantial, contributing significantly to the company's resource base, though the figures are not new.

Positive factors

  • Large indicated resource with significant contained metal.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“0.9”

Context: 39

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredDuketon North · goldTonnes: 9000000Grade: 0.8Grade Unit: g/tContained Metal: 250Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d6e63113e7d549260b07
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
9000000
Grade
0.8
Grade Unit
g/t
Contained Metal
250
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred open-pit resource at Duketon North adds to the resource base but has lower confidence and the figures are not new.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“0.8”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredDuketon North · goldTonnes: 1000000Grade: 0.5Grade Unit: g/tContained Metal: 10Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:f2eb60774466beceac1b
Material type
stockpile
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
1000000
Grade
0.5
Grade Unit
g/t
Contained Metal
10
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured stockpile resource is small and low-grade, offering limited impact, and the figures are not new.

Positive factors

  • Measured category provides high confidence.

Negative factors

  • Low grade and small scale.
  • Figures are re-stated from prior releases.

Evidence · table

“0.5”

Context: 1

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredDuketon South · goldTonnes: 0Grade: 1.1Grade Unit: g/tContained Metal: 0Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:daa57a2019de0b18cbe4
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
0
Grade
1.1
Grade Unit
g/t
Contained Metal
0
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured open-pit resource is negligible due to rounding, offering no material impact, and the figures are not new.

Positive factors

  • Measured category provides high confidence.

Negative factors

  • Tonnage and contained metal are negligible due to rounding.
  • Figures are re-stated from prior releases.

Evidence · table

“1.1”

Context: 0

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedDuketon South · goldTonnes: 25000000Grade: 1.2Grade Unit: g/tContained Metal: 940Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d5aeba9de9fbe067aabf
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
25000000
Grade
1.2
Grade Unit
g/t
Contained Metal
940
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated open-pit resource at Duketon South is substantial, contributing significantly to the company's resource base, though the figures are not new.

Positive factors

  • Large indicated resource with significant contained metal.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.2”

Context: 25

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredDuketon South · goldTonnes: 5000000Grade: 1.2Grade Unit: g/tContained Metal: 200Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:dcb068a27cad28d2888d
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
5000000
Grade
1.2
Grade Unit
g/t
Contained Metal
200
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred open-pit resource at Duketon South adds to the resource base but has lower confidence and the figures are not new.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“1.2”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredDuketon South · goldTonnes: 2000000Grade: 2.6Grade Unit: g/tContained Metal: 200Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:0cbf6fa668196a8babb9
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
2000000
Grade
2.6
Grade Unit
g/t
Contained Metal
200
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured underground resource at Duketon South has a good grade, contributing to the resource base, but the figures are not new.

Positive factors

  • Good grade for underground mining.
  • Measured category provides high confidence.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.6”

Context: 2

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedDuketon South · goldTonnes: 12000000Grade: 2.3Grade Unit: g/tContained Metal: 870Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:0fd061bfb7b791dfc925
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
12000000
Grade
2.3
Grade Unit
g/t
Contained Metal
870
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated underground resource at Duketon South is substantial in scale and grade, contributing significantly to the company's resource base, though the figures are not new.

Positive factors

  • Large indicated resource with significant contained metal.
  • Good grade for underground mining.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.3”

Context: 12

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredDuketon South · goldTonnes: 4000000Grade: 2.2Grade Unit: g/tContained Metal: 270Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:206dd6741993fc1bfd53
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
4000000
Grade
2.2
Grade Unit
g/t
Contained Metal
270
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred underground resource at Duketon South adds to the resource base with a good grade but has lower confidence and the figures are not new.

Positive factors

  • Good grade for underground mining.
  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“2.2”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredDuketon South · goldTonnes: 6000000Grade: 0.5Grade Unit: g/tContained Metal: 110Contained Unit: kozView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:e31934ea247d0eb3f62c
Material type
stockpile
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
6000000
Grade
0.5
Grade Unit
g/t
Contained Metal
110
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured stockpile resource is of moderate scale but low grade, offering limited impact, and the figures are not new.

Positive factors

  • Measured category provides high confidence.

Negative factors

  • Low grade.
  • Figures are re-stated from prior releases.

Evidence · table

“0.5”

Context: 6

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredTropicana · goldTonnes: 1000000Grade: 1.4Grade Unit: g/tContained Metal: 30Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:ccb33ea622e4a5ce92ee
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
1000000
Grade
1.4
Grade Unit
g/t
Contained Metal
30
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured open-pit resource at Tropicana is small, offering limited impact, and the figures are not new.

Positive factors

  • Measured category provides high confidence.

Negative factors

  • Small scale.
  • Figures are re-stated from prior releases.

Evidence · table

“1.4”

Context: 1

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTropicana · goldTonnes: 4000000Grade: 1.9Grade Unit: g/tContained Metal: 220Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:e919906324e9023760f6
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
4000000
Grade
1.9
Grade Unit
g/t
Contained Metal
220
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated open-pit resource at Tropicana contributes to the company's overall resource base, but the figures are not new.

Positive factors

  • Contribution to overall resource base.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.9”

Context: 4

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredTropicana · goldTonnes: 4000000Grade: 2.6Grade Unit: g/tContained Metal: 350Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:e329ff4585bd9d74d13d
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
4000000
Grade
2.6
Grade Unit
g/t
Contained Metal
350
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured underground resource at Tropicana has a good grade, contributing to the resource base, but the figures are not new.

Positive factors

  • Good grade for underground mining.
  • Measured category provides high confidence.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.6”

Context: 4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTropicana · goldTonnes: 5000000Grade: 2.7Grade Unit: g/tContained Metal: 400Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:f6dab955099e1ca0b2a4
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
5000000
Grade
2.7
Grade Unit
g/t
Contained Metal
400
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated underground resource at Tropicana is significant in scale and grade, contributing to the resource base, though the figures are not new.

Positive factors

  • Good grade for underground mining.
  • Significant indicated resource.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“2.7”

Context: 5

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredTropicana · goldTonnes: 7000000Grade: 2.2Grade Unit: g/tContained Metal: 530Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:54f0948a095b1e4e92c4
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
7000000
Grade
2.2
Grade Unit
g/t
Contained Metal
530
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred underground resource at Tropicana adds to the resource base with a good grade but has lower confidence and the figures are not new.

Positive factors

  • Good grade for underground mining.
  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“2.2”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredTropicana · goldTonnes: 6000000Grade: 0.5Grade Unit: g/tContained Metal: 100Contained Unit: kozView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Region
wa
Reported Region
WA
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:4912f80aaf36a93dbf3f
Material type
stockpile
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
6000000
Grade
0.5
Grade Unit
g/t
Contained Metal
100
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This measured stockpile resource is of moderate scale but low grade, offering limited impact, and the figures are not new.

Positive factors

  • Measured category provides high confidence.

Negative factors

  • Low grade.
  • Figures are re-stated from prior releases.

Evidence · table

“0.5”

Context: 6

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedMcPhillamys · goldTonnes: 61000000Grade: 1Grade Unit: g/tContained Metal: 2070Contained Unit: kozView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:7c92a9bf8b97da4748c2
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
61000000
Grade
1
Grade Unit
g/t
Contained Metal
2070
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated open-pit resource at McPhillamys is very significant in scale and grade, representing a major asset for the company, though the figures are not new.

Positive factors

  • Very large indicated resource with significant contained metal.
  • Good grade for an open-pit resource.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.0”

Context: 61

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMcPhillamys · goldTonnes: 8000000Grade: 0.7Grade Unit: g/tContained Metal: 190Contained Unit: kozView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:1ead42345bd41afcccae
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
8000000
Grade
0.7
Grade Unit
g/t
Contained Metal
190
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred open-pit resource at McPhillamys adds to the resource base but has lower confidence and the figures are not new.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“0.7”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedDiscovery Ridge · goldTonnes: 2000000Grade: 1.8Grade Unit: g/tContained Metal: 140Contained Unit: kozView all details
Link to this fact

Identity

Project
Discovery Ridge
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:7cc07368140e0ed128e7
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
2000000
Grade
1.8
Grade Unit
g/t
Contained Metal
140
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This indicated open-pit resource at Discovery Ridge has a good grade, contributing to the resource base, but the figures are not new.

Positive factors

  • Good grade for an open-pit resource.

Negative factors

  • Figures are re-stated from prior releases.

Evidence · table

“1.8”

Context: 2

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredDiscovery Ridge · goldTonnes: 6000000Grade: 1.4Grade Unit: g/tContained Metal: 260Contained Unit: kozView all details
Link to this fact

Identity

Project
Discovery Ridge
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
RRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:51c67cb0ed06cb25da3a
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
6000000
Grade
1.4
Grade Unit
g/t
Contained Metal
260
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This inferred open-pit resource at Discovery Ridge adds to the resource base but has lower confidence and the figures are not new.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower confidence.
  • Figures are re-stated from prior releases.

Evidence · table

“1.4”

Context: 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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

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.