# RRR: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145084 Publisher: asx Original announcement: 2026-09-28T22:37:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-29T16:43:34.663Z Atlas analysis updated: 2026-09-29T16:43:34.663Z - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: Significant Mineral Resource upgrade with substantial increase in Indicated category, de-risking the project. - Positive factor: Recommencement Study confirms low-capital restart opportunity with positive economics and near-term cash flow potential. - Positive factor: All environmental approvals secured, positioning the project as construction-ready. - Positive factor: Successful capital raisings and royalty funding to advance project development. - Negative factor: Specific recovery percentages from column leach tests are not provided, only qualitative statements about amenability and strong forecast recoveries. - Negative factor: Final Investment Decision \(FID\) is still subject to securing project-level funding arrangements. Facts used in scoring: 31 ## Classification and evidence **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: the document describes a heap\_leach route \("heap leach"\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Gravity Route** Polarity: neutral Definition: 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) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-0) Dianne Copper Mine Project · copper #### 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 factor: Indicated category provides good geological confidence for mine planning. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.84 Context: 1,051.97 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-1) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-2) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-3) Dianne Copper Mine Project · zinc #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-4) Dianne Copper Mine Project · copper #### 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 factor: Good copper grade for an inferred resource, indicating potential for future conversion. - Negative factor: Inferred category has lower geological confidence. Evidence · table > 2.89 Context: 170.09 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-5) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-6) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-7) Dianne Copper Mine Project · zinc #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-8) Dianne Copper Mine Project · copper #### 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 factor: High copper grade for an indicated resource, suitable for underground mining. - Positive factor: Indicated category provides good geological confidence. Evidence · table > 5.27 Context: 35.24 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-9) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-10) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-11) Dianne Copper Mine Project · zinc #### 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 factor: Good zinc grade for an indicated resource, providing significant byproduct credit. Evidence · table > 6.33 Context: 35.24 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-12) Dianne Copper Mine Project · copper #### 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 factor: High copper grade for an inferred resource, indicating strong potential for future underground mining. - Negative factor: Inferred category has lower geological confidence. Evidence · table > 4.69 Context: 51.56 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-13) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-14) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-15) Dianne Copper Mine Project · zinc #### 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 factor: Good zinc grade for an inferred resource, providing significant byproduct credit. - Negative factor: Inferred category has lower geological confidence. Evidence · table > 5.66 Context: 51.56 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-16) Dianne Copper Mine Project · copper #### 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 factor: 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-17) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-18) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-19) Dianne Copper Mine Project · zinc #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-20) Dianne Copper Mine Project · copper #### 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 factor: Good copper grade for an inferred resource, indicating strong potential for future conversion. - Negative factor: Inferred category has lower geological confidence. Evidence · table > 3.31 Context: 221.65 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-21) Dianne Copper Mine Project · gold #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-22) Dianne Copper Mine Project · silver #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-23) Dianne Copper Mine Project · zinc #### 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 factor: Moderate zinc grade in the combined inferred resource, providing byproduct credit. - Negative factor: Inferred category has lower geological confidence. Evidence · table > 1.70 Context: 221.65 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 25 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-25) #### 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 factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 26 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-26) #### 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 factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 27 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-27) #### 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 factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 28 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-28) #### 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 factor: Convertible notes provide significant funding for project activities. - Negative factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 29 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-29) #### 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 factor: Non-dilutive funding source to support project development. - Negative factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 30 [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-resource-facts-30) Dianne Copper Mine Project #### 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 factor: Securing environmental approvals is a critical de-risking milestone for project development. - Positive factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 leach [Link to this fact](https://atlas-staging.minestarters.com/news/rrr-annual-report-to-shareholders--b968d0ec-6928-4a11-9ce7-32e75ef85970#fact-metallurgical-facts-24) Dianne Copper Mine Project · copper Historical result Needs review: historical\_restatement #### 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 factor: Column leach tests are a good scale of testwork for heap leach operations. - Positive factor: The study confirms a low-capital restart opportunity based on this processing technology. - Negative factor: 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 Route** Polarity: neutral Definition: 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.