RRL: Federal Court Rules McPhillamys s10 Declaration Invalid

Original announcement by asx on

Company
Regis Resources Ltd
Ticker
RRL
Exchange
ASX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Permitting, Resource update
Extracted
2026-10-14 01:07:01 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Regis Resources Ltd announced that the Federal Court has ruled a Section 10 Declaration, which previously impacted its McPhillamys Gold Project, as legally invalid. This judgment is a significant step forward for the project, vindicating the company's position after two years of delays. While the Environment Minister will need to redetermine the application, Regis intends to actively participate and is also progressing an alternative development approach that avoids the previously impacted area.

Reasoning: The Federal Court's decision to invalidate the Section 10 Declaration is a major positive development for the McPhillamys Gold Project, removing a key regulatory impediment and allowing the project to advance, despite the remaining uncertainty of a redetermination process.

Positive factors

  • Federal Court ruling invalidates a declaration that impacted the project
  • Vindicates the company's position
  • Removes a significant legal hurdle for project development

Negative factors

  • Potential for protracted redetermination process by the Minister
  • Outcome of redetermination is not guaranteed to be in company's favour
  • Two years of time lost due to previous declaration

Facts used in scoring: 60

Classification and evidence

Legal Victorypositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The Federal Court ruled the Section 10 Declaration invalid, which is a favorable outcome for the company.

Evidence · text

“Federal Court Rules McPhillamys Section 10 Declaration Invalid”

Regulatory Uncertaintynegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The redetermination process by the Minister could be protracted or not in the company's favour.

Evidence · text

“With the potential for the redetermination process to be protracted or for the outcome not to be in Regis’ favour”

Alternative Development Planneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The company is progressing an alternative development approach to mitigate risks from the declaration.

Evidence · text

“the Company is continuing to progress its alternative development approach. This alternative was detailed in the recent Pre-Feasibility Study1 and utilises co-disposal of filtered processed ore and waste rock into a single facility, referred to as an Integrated Waste Landform (IWL) and entirely avoids the area impacted by the Declaration.”

JORC Compliantpositive

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

Why it applies: Mineral Resources are reported inclusive of Ore Reserves to JORC Code 2012.

Evidence · text

“Mineral Resources are reported inclusive of Ore Reserves to JORC Code 2012 unless otherwise noted.”

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: The company confirms that the Competent Person’s findings have not been materially modified from the original market announcement.

Evidence · text

“The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.”

Resource Updateneutral

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

Why it applies: The document presents updated resource and reserve tables, although they are re-presentations of previously released data.

Evidence · text

“Group Mineral Resource and Ore Reserve tables2 Group Mineral Resources as at 31 December 2025 (Regis attributable, inclusive of Ore Reserves)”

Extracted facts

Stored fact records: 59. Some facts used in scoring do not have a stored record.

Resource Estimates (59)

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

Identity

Project
Duketon North
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:eff9de51baf2732d8e29
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:c84516b2ff1be1cd1753
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:7d0b5baa9ba78030d93a
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:818c07b2d602bc2fc2a3
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“0”

Context: Duketon South

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:92a87fca5a7b49246983
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“25”

Context: Duketon South

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:71560e23850bfc0d134a
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“5”

Context: Duketon South

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:2eba5926036b78d7f6c8
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
Cutoff Grade
1.8
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“2”

Context: Duketon South

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9d7fb636235b77c1856a
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
Cutoff Grade
1.8
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“12”

Context: Duketon South

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:b3ae1961bfacadb2a370
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
Cutoff Grade
1.8
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“4”

Context: Duketon South

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:53d79d5b81a511b441bb
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“6”

Context: Duketon South

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:1ce809a6041d12a84552
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
Cutoff Grade
0.3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1”

Context: Tropicana

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:8ba8a011398fb952f6f3
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
Cutoff Grade
0.3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“4”

Context: Tropicana

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:c98575fad260cce49a85
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
Cutoff Grade
1.6
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“4”

Context: Tropicana

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:58b5bb8859719180f7a9
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
Cutoff Grade
1.6
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“5”

Context: Tropicana

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:b2827290e9af392913e2
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
Cutoff Grade
1.6
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:eea96e49052b7c143117
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“6”

Context: Tropicana

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
New South Wales
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:5ca3c26991daf5ab1fe0
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
61000000
Grade
1
Grade Unit
g/t
Contained Metal
2070
Contained Unit
koz
Cutoff Grade
0.35
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-19T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
New South Wales
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a32d8690ec72dac7496a
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
Cutoff Grade
0.35
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-19T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Discovery Ridge
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:564e104caa00b96b378a
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Discovery Ridge
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:c2b175df2f03e87e484e
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
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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 North · goldTonnes: 15000000Grade: 0.9Grade Unit: g/tContained Metal: 423Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:dd7b1f27a57ed924405e
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
Cutoff Grade
0.5
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“15”

Context: Duketon North

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon North
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:1614cb99dc69d74b3ed1
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1”

Context: Duketon North

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:43f582092da00a5cc282
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
Cutoff Grade
0.5
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“4”

Context: Duketon South

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: 200000Grade: 1.6Grade Unit: g/tContained Metal: 12Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3c048569af04c6a31e07
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
proven
Tonnes
200000
Grade
1.6
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“0.2”

Context: Duketon South

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:8517b9173448bbdfeed0
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
Cutoff Grade
1.5
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“12”

Context: Duketon South

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a3d73186e7b7c8f42730
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“5”

Context: Duketon South

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: 2.8Grade Unit: g/tContained Metal: 121Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:acabbb00722309c03ac9
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1”

Context: Tropicana

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:2e42437515ab14082454
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“4”

Context: Tropicana

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

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

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:cc7db4ded58b718a3759
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1”

Context: Tropicana

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:137d867b8dc34e963600
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“5”

Context: Tropicana

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: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
McPhillamys
Commodity
gold
Region
australia_nsw
Reported Region
New South Wales
Ticker
RRL

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:abbef77ebd69fde05730
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
Cutoff Grade
0.25
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-05-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-19T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This reserve estimate is a re-presentation of previously released data, with no new material changes reported in this announcement.

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“56”

Context: McPhillamys

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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 North1 · goldTonnes: 39000000Grade: 0.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon North1
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:183976084a13b3797a93

Resource Data

Category
indicated
Tonnes
39000000
Grade
0.9
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredDuketon North1 · goldTonnes: 9000000Grade: 0.8Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon North1
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:d1bc5c86b8bf55ffbba1

Resource Data

Category
inferred
Tonnes
9000000
Grade
0.8
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredDuketon South2/3 · goldTonnes: 0Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South2/3
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:737fad6f3cd91c19e614

Resource Data

Category
measured
Tonnes
0
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedDuketon South2/3 · goldTonnes: 25000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South2/3
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:4e35560c6d3886b28e60

Resource Data

Category
indicated
Tonnes
25000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredDuketon South2/3 · goldTonnes: 5000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South2/3
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:4070256d0027172ecf68

Resource Data

Category
inferred
Tonnes
5000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredDuketon South4 · goldTonnes: 2000000Grade: 2.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South4
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:a3595ec445ed964b23a5

Resource Data

Category
measured
Tonnes
2000000
Grade
2.6
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedDuketon South4 · goldTonnes: 12000000Grade: 2.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South4
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:6a14d331e4aa036ac9d9

Resource Data

Category
indicated
Tonnes
12000000
Grade
2.3
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredDuketon South4 · goldTonnes: 4000000Grade: 2.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon South4
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:8c27cc03d24c9810a608

Resource Data

Category
inferred
Tonnes
4000000
Grade
2.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredDuketon South · goldTonnes: 6000000Grade: 0.5Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:392fafc2fb75312d8494
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
6000000
Grade
0.5
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredDuketon South · goldTonnes: 9000000Grade: 1.1Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:535355d312f48f9d0225
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
9000000
Grade
1.1
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1.1”

Context: 9

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedDuketon South · goldTonnes: 37000000Grade: 1.5Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:140633ce4bd807c42bcf
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
37000000
Grade
1.5
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1.5”

Context: 37

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredDuketon South · goldTonnes: 9000000Grade: 1.6Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Duketon South
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a49afd7aaaa497bf3211
Ownership percent
100 %
Resource basis
attributable

Resource Data

Category
inferred
Tonnes
9000000
Grade
1.6
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-22T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1.6”

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredDuketon Deposits · goldTonnes: 9000000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon Deposits
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:c93118ed06643d360348

Resource Data

Category
measured
Tonnes
9000000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 9

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedDuketon Deposits · goldTonnes: 77000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon Deposits
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:6d1b05fe0c70c5c4d6b1

Resource Data

Category
indicated
Tonnes
77000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.2”

Context: 77

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredDuketon Deposits · goldTonnes: 18000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Duketon Deposits
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:60a6dde0a053285c7343

Resource Data

Category
inferred
Tonnes
18000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.2”

Context: 18

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredTropicana5 · goldTonnes: 1000000Grade: 1.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:2f23264acfb466aa7f7a

Resource Data

Category
measured
Tonnes
1000000
Grade
1.4
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTropicana5 · goldTonnes: 4000000Grade: 1.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:731dbe5b02d46510ecf0

Resource Data

Category
indicated
Tonnes
4000000
Grade
1.9
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredTropicana5 · goldTonnes: 4000000Grade: 2.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:a4d698b3a5201df55409

Resource Data

Category
measured
Tonnes
4000000
Grade
2.6
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTropicana5 · goldTonnes: 5000000Grade: 2.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:aa8e5e4f5c81c0caab38

Resource Data

Category
indicated
Tonnes
5000000
Grade
2.7
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTropicana5 · goldTonnes: 7000000Grade: 2.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:c8fdee7ce1ae4555b1b5

Resource Data

Category
inferred
Tonnes
7000000
Grade
2.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredTropicana5 · goldTonnes: 6000000Grade: 0.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tropicana5
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:cfcbd443919d38dfc0a0

Resource Data

Category
measured
Tonnes
6000000
Grade
0.5
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredTropicana · goldTonnes: 11000000Grade: 1.4Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:bf61d014b9e5d8d9c959
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
measured
Tonnes
11000000
Grade
1.4
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“1.4”

Context: 11

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTropicana · goldTonnes: 8000000Grade: 2.3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tropicana
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:193868e12413e1cf94db
Ownership percent
30 %
Resource basis
attributable

Resource Data

Category
indicated
Tonnes
8000000
Grade
2.3
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-02-23T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: This resource estimate is a re-presentation of previously released data, with no new material changes reported in this announcement. (Expanded from portfolio resource summary table.)

Positive factors

  • JORC Compliant
  • QP Signed

Negative factors

  • Previously reported
  • No new information in this announcement

Evidence · table

“2.3”

Context: 8

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 Disclosedpositive

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

Why it applies: cutoff_grade is 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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedNSW Deposits · goldTonnes: 64000000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
NSW Deposits
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:d622b738c3584ab1209f

Resource Data

Category
indicated
Tonnes
64000000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 64

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredNSW Deposits · goldTonnes: 14000000Grade: 1Grade Unit: g/tView all details
Link to this fact

Identity

Project
NSW Deposits
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:a4605b2efb9fb631cd80

Resource Data

Category
inferred
Tonnes
14000000
Grade
1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.0”

Context: 14

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

measuredRegis Total · goldTonnes: 20000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Regis Total
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:1a26f8901dfe1bdd0353

Resource Data

Category
measured
Tonnes
20000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.2”

Context: 20

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedRegis Total · goldTonnes: 149000000Grade: 1.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Regis Total
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:3a38ae8296d69b1b1bc3

Resource Data

Category
indicated
Tonnes
149000000
Grade
1.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.2”

Context: 149

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredRegis Total · goldTonnes: 40000000Grade: 1.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Regis Total
Commodity
gold
Ticker
RRL

Resource scope

Estimate type
resource
Resource group id
resource:c58852ed2f7c48e93e13

Resource Data

Category
inferred
Tonnes
40000000
Grade
1.3
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.3”

Context: 40

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

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.