RRR: Annual Report to shareholders
Original announcement by asx on
- Company
- Revolver Resources Holdings Ltd
- Ticker
- RRR
- Exchange
- ASX
- Region
- Queensland
- Primary commodity
- Copper
- Secondary commodities
- Zinc, Silver, Gold
- Document categories
- Resource update, Metallurgy, Capital raise
- Extracted
- 2026-09-29 16:43:35 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Revolver Resources Holdings Ltd reported a transformative year for its Dianne Copper Mine Project, highlighted by a significant Mineral Resource upgrade to 1.31Mt at 1.38% copper, 0.52% zinc, and 3.82g/t silver, with a substantial increase in the Indicated category. A Recommencement Study confirmed a low-capital restart opportunity based on heap leach and SX-EW processing, projecting 14,300 tonnes of copper cathode production. The company also secured all environmental approvals and completed multiple capital raisings and royalty funding to advance the project towards a Final Investment Decision.
Reasoning: The annual report details significant progress on the Dianne Copper Mine Project, including a material resource upgrade, a positive recommencement study, secured environmental approvals, and successful capital raises, all contributing to a strong outlook for the project's development towards production. The main remaining milestone is securing project-level funding.
Positive factors
- Significant Mineral Resource upgrade with substantial increase in Indicated category, de-risking the project.
- Recommencement Study confirms low-capital restart opportunity with positive economics and near-term cash flow potential.
- All environmental approvals secured, positioning the project as construction-ready.
- Successful capital raisings and royalty funding to advance project development.
Negative factors
- Specific recovery percentages from column leach tests are not provided, only qualitative statements about amenability and strong forecast recoveries.
- Final Investment Decision (FID) is still subject to securing project-level funding arrangements.
Facts used in scoring: 31
Classification and evidence
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: the document describes a heap_leach route ("heap leach")
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("flotation")
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
Extracted facts
Stored fact records: 31. Some facts used in scoring do not have a stored record.
Resource Estimates (30)
indicatedDianne Copper Mine Project · copperTonnes: 1051970Grade: 0.84Grade Unit: %Contained Metal: 8862.8Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:b9c8d05b830a95e48e2c
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1051970
- Grade
- 0.84
- Grade Unit
- %
- Contained Metal
- 8862.8
- Contained Unit
- t
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 0.89
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This is a significant indicated resource for open pit mining, contributing substantially to the project's overall copper inventory and de-risking the project.
Positive factors
- Indicated category provides good geological confidence for mine planning.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.84”
Context: 1,051.97
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · goldTonnes: 1051970Grade: 0.01Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:b9c8d05b830a95e48e2c
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1051970
- Grade
- 0.01
- Grade Unit
- ppm
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the indicated open pit resource, contributing marginally to overall value.
Evidence · table
“0.01”
Context: 1,051.97
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · silverTonnes: 1051970Grade: 1.3Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:b9c8d05b830a95e48e2c
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1051970
- Grade
- 1.3
- Grade Unit
- ppm
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace silver grade in the indicated open pit resource, contributing marginally to overall value.
Evidence · table
“1.3”
Context: 1,051.97
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · zincTonnes: 1051970Grade: 0.08Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:b9c8d05b830a95e48e2c
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1051970
- Grade
- 0.08
- Grade Unit
- %
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace zinc grade in the indicated open pit resource, contributing marginally to overall value.
Evidence · table
“0.08”
Context: 1,051.97
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · copperTonnes: 170090Grade: 2.89Grade Unit: %Contained Metal: 4911.1Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:279cde9265d336dfce1a
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 170090
- Grade
- 2.89
- Grade Unit
- %
- Contained Metal
- 4911.1
- Contained Unit
- t
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 3.14
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This inferred resource shows good copper grade, providing upside potential for the open pit component, though with lower confidence.
Positive factors
- Good copper grade for an inferred resource, indicating potential for future conversion.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“2.89”
Context: 170.09
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · goldTonnes: 170090Grade: 0.04Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:279cde9265d336dfce1a
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 170090
- Grade
- 0.04
- Grade Unit
- ppm
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the inferred open pit resource, contributing marginally to overall value.
Evidence · table
“0.04”
Context: 170.09
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · silverTonnes: 170090Grade: 5.46Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:279cde9265d336dfce1a
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 170090
- Grade
- 5.46
- Grade Unit
- ppm
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace silver grade in the inferred open pit resource, contributing marginally to overall value.
Evidence · table
“5.46”
Context: 170.09
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · zincTonnes: 170090Grade: 0.5Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:279cde9265d336dfce1a
- Deposit or zone
- Dianne Open Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 170090
- Grade
- 0.5
- Grade Unit
- %
- Cutoff Grade
- 0.25
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace zinc grade in the inferred open pit resource, contributing marginally to overall value.
Evidence · table
“0.5”
Context: 170.09
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · copperTonnes: 35240Grade: 5.27Grade Unit: %Contained Metal: 1857.79Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:3de1ed2d0c052a77b28e
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 35240
- Grade
- 5.27
- Grade Unit
- %
- Contained Metal
- 1857.79
- Contained Unit
- t
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 7.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This high-grade indicated resource below the pit provides significant potential for future underground development, adding to the project's overall value.
Positive factors
- High copper grade for an indicated resource, suitable for underground mining.
- Indicated category provides good geological confidence.
Evidence · table
“5.27”
Context: 35.24
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · goldTonnes: 35240Grade: 0.17Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:3de1ed2d0c052a77b28e
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 35240
- Grade
- 0.17
- Grade Unit
- ppm
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the indicated below-pit resource, contributing marginally to overall value.
Evidence · table
“0.17”
Context: 35.24
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · silverTonnes: 35240Grade: 34.81Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:3de1ed2d0c052a77b28e
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 35240
- Grade
- 34.81
- Grade Unit
- ppm
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Moderate silver grade in the indicated below-pit resource, providing some byproduct credit.
Evidence · table
“34.81”
Context: 35.24
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · zincTonnes: 35240Grade: 6.33Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:3de1ed2d0c052a77b28e
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 35240
- Grade
- 6.33
- Grade Unit
- %
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This indicated resource below the pit contains a good zinc grade, enhancing the overall economic potential of the project.
Positive factors
- Good zinc grade for an indicated resource, providing significant byproduct credit.
Evidence · table
“6.33”
Context: 35.24
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · copperTonnes: 51560Grade: 4.69Grade Unit: %Contained Metal: 2415.98Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:7d6b8e5822c34a03e422
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 51560
- Grade
- 4.69
- Grade Unit
- %
- Contained Metal
- 2415.98
- Contained Unit
- t
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 6.82
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This high-grade inferred resource below the pit shows strong potential for future underground development, though with lower confidence.
Positive factors
- High copper grade for an inferred resource, indicating strong potential for future underground mining.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“4.69”
Context: 51.56
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · goldTonnes: 51560Grade: 0.17Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:7d6b8e5822c34a03e422
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 51560
- Grade
- 0.17
- Grade Unit
- ppm
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the inferred below-pit resource, contributing marginally to overall value.
Evidence · table
“0.17”
Context: 51.56
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · silverTonnes: 51560Grade: 28.74Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:7d6b8e5822c34a03e422
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 51560
- Grade
- 28.74
- Grade Unit
- ppm
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Moderate silver grade in the inferred below-pit resource, providing some byproduct credit.
Evidence · table
“28.74”
Context: 51.56
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · zincTonnes: 51560Grade: 5.66Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:7d6b8e5822c34a03e422
- Deposit or zone
- Dianne Below Pit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 51560
- Grade
- 5.66
- Grade Unit
- %
- Cutoff Grade
- 1.5
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: This inferred resource below the pit contains a good zinc grade, enhancing the overall economic potential of the project, though with lower confidence.
Positive factors
- Good zinc grade for an inferred resource, providing significant byproduct credit.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“5.66”
Context: 51.56
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · copperTonnes: 1087210Grade: 0.98Grade Unit: %Contained Metal: 10720.59Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:4ba443316a7fb55131be
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1087210
- Grade
- 0.98
- Grade Unit
- %
- Contained Metal
- 10720.59
- Contained Unit
- t
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 1.11
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The combined indicated resource represents a substantial and high-confidence copper inventory for the Dianne project.
Positive factors
- Significant indicated resource, providing high confidence for mine planning and project execution.
Evidence · table
“0.98”
Context: 1,087.21
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · goldTonnes: 1087210Grade: 0.02Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:4ba443316a7fb55131be
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1087210
- Grade
- 0.02
- Grade Unit
- ppm
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the combined indicated resource, contributing marginally to overall value.
Evidence · table
“0.02”
Context: 1,087.21
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · silverTonnes: 1087210Grade: 2.39Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:4ba443316a7fb55131be
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1087210
- Grade
- 2.39
- Grade Unit
- ppm
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace silver grade in the combined indicated resource, contributing marginally to overall value.
Evidence · table
“2.39”
Context: 1,087.21
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedDianne Copper Mine Project · zincTonnes: 1087210Grade: 0.28Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:4ba443316a7fb55131be
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1087210
- Grade
- 0.28
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace zinc grade in the combined indicated resource, contributing marginally to overall value.
Evidence · table
“0.28”
Context: 1,087.21
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · copperTonnes: 221650Grade: 3.31Grade Unit: %Contained Metal: 7327.08Contained Unit: tView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:afa0832d618a6f141ef6
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 221650
- Grade
- 3.31
- Grade Unit
- %
- Contained Metal
- 7327.08
- Contained Unit
- t
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Metal Eq. Grade
- 4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The combined inferred resource shows good copper grade, providing upside potential for the Dianne project, though with lower confidence.
Positive factors
- Good copper grade for an inferred resource, indicating strong potential for future conversion.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“3.31”
Context: 221.65
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · goldTonnes: 221650Grade: 0.07Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:afa0832d618a6f141ef6
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 221650
- Grade
- 0.07
- Grade Unit
- ppm
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Trace gold grade in the combined inferred resource, contributing marginally to overall value.
Evidence · table
“0.07”
Context: 221.65
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · silverTonnes: 221650Grade: 10.88Grade Unit: ppmView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:afa0832d618a6f141ef6
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 221650
- Grade
- 10.88
- Grade Unit
- ppm
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Moderate silver grade in the combined inferred resource, providing some byproduct credit.
Evidence · table
“10.88”
Context: 221.65
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredDianne Copper Mine Project · zincTonnes: 221650Grade: 1.7Grade Unit: %View all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Bryce Healy
- Resource group id
- resource:afa0832d618a6f141ef6
- Deposit or zone
- Dianne Deposit
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 221650
- Grade
- 1.7
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Prior Estimate
- Resource Date
- 2025-11-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: The combined inferred resource contains a moderate zinc grade, enhancing the overall economic potential of the project, though with lower confidence.
Positive factors
- Moderate zinc grade in the combined inferred resource, providing byproduct credit.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“1.70”
Context: 221.65
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 25View all detailsHide details
Identity
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: A small capital raise via ATM facility provided additional funding for the company.
Positive factors
- Capital raised provides funding for ongoing operations.
Evidence · text
“Revolver elected to further utilize its At-The-Market (ATM) at-call funding facility with Alpha Investment Partners (refer ASX release dated 13 September 2024) to raise A$80,000 (before costs) through the issue of 2,500,000 shares at a price of A$0.032 per share (10-day VWAP as at 7 July 2025 was A$0.032 per share).”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 26View all detailsHide details
Identity
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: A substantial equity placement provided funding to progress the Dianne Copper Mine Project.
Positive factors
- Significant capital raised to advance the Dianne project to FID.
Evidence · text
“In September 2025, Revolver completed an equity placement to raise approximately A$1.35 million (before costs) (September 2025 Placement).”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 27View all detailsHide details
Identity
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Part of a larger capital raise, this equity placement provided additional funds for project advancement.
Positive factors
- Equity component of capital raise contributes to project funding.
Evidence · text
“In February 2026, Revolver raised approximately A$2.6 million (before costs) through an equity placement raising approximately A$825,000 (Placement) and the issuance of unsecured, zero-coupon, 30-month convertible notes raising approximately A$1.775 million (Convertible Notes).”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 28View all detailsHide details
Identity
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Unsecured convertible notes provided substantial funding to maintain development momentum for the Dianne project.
Positive factors
- Convertible notes provide significant funding for project activities.
Negative factors
- Convertible notes introduce potential future dilution.
Evidence · text
“In February 2026, Revolver raised approximately A$2.6 million (before costs) through an equity placement raising approximately A$825,000 (Placement) and the issuance of unsecured, zero-coupon, 30-month convertible notes raising approximately A$1.775 million (Convertible Notes).”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 29View all detailsHide details
Identity
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Additional royalty funding provided non-dilutive capital to support the Dianne Copper Mine Project.
Positive factors
- Non-dilutive funding source to support project development.
Negative factors
- Royalty reduces future revenue streams.
Evidence · text
“Revolver secured further proceeds of A$500,000 through the establishment of an additional 1% Gross Revenue Royalty (GRR) over future minerals production at the Dianne Copper Mine Project.”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Fact 30Dianne Copper Mine ProjectView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Resource scope
- Reporting standards
- jorc
- Resource group id
- resource:fbf0f5307010186db2e0
- Mining method
- combined
- Resource basis
- gross
Resource Data
- Cutoff Grade
- 0.3
- Cutoff Unit
- %
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Formal approval of environmental authority and rehabilitation plan is a major de-risking event, allowing the project to proceed to mining operations.
Positive factors
- Securing environmental approvals is a critical de-risking milestone for project development.
- Enables commencement of mining operations.
Evidence · text
“Revolver received formal approval for amendments to its Environmental Authority (EA) and Progressive Rehabilitation and Closure Plan (PRCP) in the June 2026 quarter, enabling the commencement of mining operations at Dianne.”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Metallurgical Results (1)
column leachDianne Copper Mine Project · copperHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Dianne Copper Mine Project
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- northern Queensland
- Ticker
- RRR
Test Work
- Program Status
- detailed
- Test Type
- column leach
- Processing Route
- heap leach and SX-EW
Recovery
- Recovery Basis
- unspecified
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2026-09-28T00:00:00.000Z
Reasoning: Previous comprehensive column leach metallurgical test work supports the heap leach and SX-EW processing route for the Dianne project, indicating amenability to this low-cost method, though specific recovery numbers are not detailed.
Positive factors
- Column leach tests are a good scale of testwork for heap leach operations.
- The study confirms a low-capital restart opportunity based on this processing technology.
Negative factors
- Specific recovery percentages from the column leach tests are not provided in this document.
Evidence · text
“comprehensive column leach metallurgical test program previously undertaken for Dianne”
Tags used in scoring
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: processing_route matches the heap_leach signal
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.