# RTR: Annual Report to shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146213

Publisher: asx

Original announcement: 2026-09-30T04:39:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T05:08:26.455Z

Atlas analysis updated: 2026-09-30T05:08:26.455Z

- Company: Rumble Resources Ltd

- Ticker: RTR

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: Tungsten, Zinc, Lead, Silver, Copper

- Document categories: Drill results, Resource update, Metallurgy

- Extracted: 2026-09-30 05:08:27 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Rumble Resources Ltd's annual report highlights a transformative year, marked by significant resource growth and de-risking of its Western Queen Gold-Tungsten Project. The company reported a 17% increase in gold resources to 433.6koz, including a 54% surge in Indicated resources, and a maiden tungsten resource of 13.2kt WO3. Positive scoping study results for gold, a toll milling agreement, and non-dilutive funding have fast-tracked the project towards targeted 2027 production, complemented by high-grade gold-copper drill results at Munarra Gully.

Reasoning: Rumble Resources Ltd's annual report highlights significant growth in gold and tungsten resources, positive economic studies, and secured key agreements, de-risking its flagship Western Queen project towards targeted production, alongside promising exploration results at other projects.

- Positive factor: Significant increase in gold resources and indicated category

- Positive factor: Discovery of new high-grade gold zones

- Positive factor: Maiden tungsten MRE

- Positive factor: Positive tungsten metallurgical testwork results \(marketable concentrate, good recovery\)

- Positive factor: Positive gold scoping study results \(high IRR, free cash flow\)

- Positive factor: Toll milling agreement secured

- Positive factor: Non-dilutive funding from royalty sale

- Positive factor: High-grade gold and copper drill results at Munarra Gully

- Positive factor: Acquisition of Thunderstorm project

- Positive factor: Strong balance sheet

- Negative factor: Earaheedy Zn-Pb-Ag project stalled due to weak prices \(though zinc has rallied\)

- Negative factor: Lamil Project divested \(though framed positively as rationalisation\)

- Negative factor: Some resource estimates are Inferred

- Negative factor: Scoping study incorporates less than a third of the broader resource base

- Negative factor: Mine Development and Closure Proposal remains outstanding for Western Queen

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

Facts used in scoring: 84

## Classification and evidence

**Tonnage Growth**

Polarity: positive

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

Why it applies: The gold resource was upgraded to 5.13Mt from 3.72Mt, representing a 17% increase in overall contained gold.

Evidence · text

> a 17% increase in overall contained gold compared to the July 2025 estimate

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: Indicated Resources for gold increased by 54% to 2.46Mt @ 2.9g/t Au for 227,700oz.

Evidence · text

> Indicated Resources increased by 54% to 2.46Mt @ 2.9 g/t for 227,700oz

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole MGRC26011 returned 5m @ 55.56g/t Au, which is well above the exceptional threshold for gold.

Evidence · text

> incl. 5m @ 55.56g/t Au from 124m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Extensional drilling at Western Queen South extended high-grade mineralisation more than 500 metres down-plunge.

Evidence · text

> Extensional drilling completed at Western Queen South has since extended high-grade mineralisation more than 500 metres down-plunge of the old open pit

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The report includes a Competent Persons Statement for exploration results, compiled or reviewed by Mr Simon Davies, a Member of the Australian Institute of Geoscientists.

Evidence · text

> The information in this report that relates to exploration results or exploration targets is based on information compiled or reviewed by Mr Simon Davies who is a Member of the Australian Institute of Geoscientists.

**JORC Compliant**

Polarity: positive

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

Why it applies: All mineral resource estimates are reported in accordance with the Australasian Code of Reporting of Identified Mineral Resources and Ore Reserves \(JORC Code 2012\).

Evidence · text

> The MRE includes Indicated and Inferred Resource classifications in accordance with the Australasian Code of Reporting of Identified Mineral Resources and Ore Reserves \(JORC Code 2012\)

**QP/CP Signed**

Polarity: positive

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

Why it applies: Mr. Shaun Searle, a Director of Ashmore Advisory and a Member of the AIG, is the Competent Person for the Western Queen Gold and Tungsten MREs.

Evidence · text

> The Statement of Estimates of Mineral Resources has been compiled by Mr. Shaun Searle who is a Director of Ashmore Advisory and a Member of the AIG.

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The August 2025 tungsten MRE at Western Queen is explicitly stated as a maiden estimate.

Evidence · text

> In August 2025, we announced a maiden tungsten Mineral Resource Estimate at Western Queen

**Resource Update**

Polarity: neutral

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

Why it applies: The gold MRE at Western Queen was further upgraded in June 2026, following a previous upgrade in July 2025.

Evidence · text

> In June 2026, Rumble announced a further upgraded gold MRE totalling 5.13Mt @ 2.6g/t Au for 433,600 oz

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: The company is targeting a Bankable Feasibility Study \(BFS\) for the Western Queen project, which is a higher-level study than PFS.

Evidence · text

> Fast-tracked pathway toward a Bankable Feasibility Study and targeted 2027 production.

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The Earaheedy MRE has an effective date of April 2023, which is over 2 years old relative to the report date of September 2026.

Evidence · text

> On 19 April 2023, the Company announced a maiden Inferred, pit constrained, Mineral Resource Estimate \(MRE\) for the Earaheedy Base Metal Project.

**Inferred Resource**

Polarity: negative

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

Why it applies: The Earaheedy Base Metal Project MRE is entirely classified as Inferred.

Evidence · text

> The maiden MRE contained 94Mt @ 3.1% Zn + Pb and 4.1 g/t Ag \(at a 2% cut-off\), for a total contained metal content of 2.2Mt zinc, 0.6Mt lead and 12.6Moz silver.

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: The 45% recovery for tungsten is below the weak band \(65%\) for lithium flotation, which is the closest comparable processing route.

Evidence · text

> highly marketable tungsten concentrate with a grade of 48% grade based on a 45% recovery

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The tungsten testwork is described as 'preliminary metallurgical testwork' on a 'bulk sample', without mention of pilot or locked-cycle tests.

Evidence · text

> Preliminary metallurgical testwork on the tungsten bearing material has delivered

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a mill\_cil route \("CIL"\)

**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: 84. Some facts used in scoring do not have a stored record.

## Drill Results (48)

### WQDD033

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-34)

Western Queen South · gold

#### Identity

- Hole ID: WQDD033
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.84
- Grade Unit: g/t
- Intercept: 22.7 m
- From: 203.3 m
- To: 226 m
- Intercept Depth: 203.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD033:203.3-226
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, contributing to resource growth.

- Positive factor: Strong gold grade

- Positive factor: Continuous interval width

Evidence · text

> 22.7m @ 2.84g/t Au from 203.3m \(WQDD033\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD033

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-35)

Western Queen South · gold

#### Identity

- Hole ID: WQDD033
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 7.2 m
- From: 213.8 m
- To: 221 m
- Intercept Depth: 213.8 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD033:213.8-221
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 7.2m @ 6.00g/t Au from 213.8m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD034

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-36)

Western Queen South · gold

#### Identity

- Hole ID: WQDD034
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 11 m
- From: 247 m
- To: 258 m
- Intercept Depth: 247 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD034:247-258
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 11m @ 3.00g/t Au from 247m \(WQDD034\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD034

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-37)

Western Queen South · gold

#### Identity

- Hole ID: WQDD034
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 6.7
- Grade Unit: g/t
- Intercept: 4 m
- From: 247 m
- To: 251 m
- Intercept Depth: 247 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD034:247-251
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 4m @ 6.70g/t Au from 247m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD036

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-38)

Western Queen South · gold

#### Identity

- Hole ID: WQDD036
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 12 m
- From: 283 m
- To: 295 m
- Intercept Depth: 283 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD036:283-295
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 12m @ 3.40g/t Au from 283m \(WQDD036\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD036

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-39)

Western Queen South · gold

#### Identity

- Hole ID: WQDD036
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 7.03
- Grade Unit: g/t
- Intercept: 3 m
- From: 288 m
- To: 291 m
- Intercept Depth: 288 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD036:288-291
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 3m @ 7.03g/t Au from 288m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD037

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-40)

Western Queen South · gold

#### Identity

- Hole ID: WQDD037
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 3.99
- Grade Unit: g/t
- Intercept: 11 m
- From: 284 m
- To: 295 m
- Intercept Depth: 284 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD037:284-295
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 11m @ 3.99g/t Au from 284m \(WQDD037\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD037

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-41)

Western Queen South · gold

#### Identity

- Hole ID: WQDD037
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 6.99
- Grade Unit: g/t
- Intercept: 5 m
- From: 286 m
- To: 291 m
- Intercept Depth: 286 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD037:286-291
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 5m @ 6.99g/t Au from 286m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD041

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-42)

Western Queen South · gold

#### Identity

- Hole ID: WQDD041
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 5.05
- Grade Unit: g/t
- Intercept: 6 m
- From: 242 m
- To: 248 m
- Intercept Depth: 242 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD041:242-248
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> 6m @ 5.05g/t Au from 242m \(WQDD041\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-43)

Western Queen South · gold

#### Identity

- Hole ID: WQDD043
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 5.13
- Grade Unit: g/t
- Intercept: 12.2 m
- From: 456 m
- To: 468.2 m
- Intercept Depth: 456 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD043:456-468.2
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept extending mineralization at depth, indicating potential for resource growth.

- Positive factor: High gold grade

- Positive factor: Good interval width

- Positive factor: Extends high-grade mineralisation down-plunge

Evidence · text

> 12.2m @ 5.13 g/t Au from 456m \(WQDD043\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-44)

Western Queen South · gold

#### Identity

- Hole ID: WQDD043
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 23.7
- Grade Unit: g/t
- Intercept: 2.2 m
- From: 466 m
- To: 468.2 m
- Intercept Depth: 466 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD043:466-468.2
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval within a deeper intercept, highlighting very rich mineralization.

- Positive factor: Exceptional gold grade

- Positive factor: Good interval width

Evidence · text

> including 2.2m @ 23.70 g/t Au from 466m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD045

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-45)

Western Queen South · gold

#### Identity

- Hole ID: WQDD045
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 3.39
- Grade Unit: g/t
- Intercept: 10 m
- From: 215 m
- To: 225 m
- Intercept Depth: 215 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD045:215-225
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 10m @ 3.39 g/t Au from 215m \(WQDD045\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD045

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-46)

Western Queen South · gold

#### Identity

- Hole ID: WQDD045
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 8.01
- Grade Unit: g/t
- Intercept: 3 m
- From: 219 m
- To: 222 m
- Intercept Depth: 219 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD045:219-222
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 3m @ 8.01 g/t Au from 219m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD045

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-47)

Western Queen South · gold

#### Identity

- Hole ID: WQDD045
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.17
- Grade Unit: g/t
- Intercept: 16 m
- From: 233 m
- To: 249 m
- Intercept Depth: 233 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD045:233-249
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Continuous interval width

Evidence · text

> and 16m @ 2.17 g/t Au from 233m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD045

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-48)

Western Queen South · gold

#### Identity

- Hole ID: WQDD045
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 4.77
- Grade Unit: g/t
- Intercept: 4 m
- From: 234 m
- To: 238 m
- Intercept Depth: 234 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD045:234-238
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 4m @ 4.77 g/t Au from 234m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-49)

Western Queen South · gold

#### Identity

- Hole ID: WQDD047
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.55
- Grade Unit: g/t
- Intercept: 12 m
- From: 324 m
- To: 336 m
- Intercept Depth: 324 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD047:324-336
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 12m @ 2.55 g/t Au from 324m \(WQDD047\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-50)

Western Queen South · gold

#### Identity

- Hole ID: WQDD047
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 4.9
- Grade Unit: g/t
- Intercept: 5 m
- From: 326 m
- To: 331 m
- Intercept Depth: 326 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD047:326-331
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 5m @ 4.90 g/t Au from 326m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD050

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-51)

Western Queen South · gold

#### Identity

- Hole ID: WQDD050
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 1.94
- Grade Unit: g/t
- Intercept: 27 m
- From: 294 m
- To: 321 m
- Intercept Depth: 294 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD050:294-321
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Continuous interval width

Evidence · text

> 27m @ 1.94 g/t Au from 294m \(WQDD050\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD050

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-52)

Western Queen South · gold

#### Identity

- Hole ID: WQDD050
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 4.03
- Grade Unit: g/t
- Intercept: 8 m
- From: 300 m
- To: 308 m
- Intercept Depth: 300 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD050:300-308
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 8m @ 4.03 g/t Au from 300m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD051A

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-53)

Western Queen South · gold

#### Identity

- Hole ID: WQDD051A
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.62
- Grade Unit: g/t
- Intercept: 17 m
- From: 344 m
- To: 361 m
- Intercept Depth: 344 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD051A:344-361
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Continuous interval width

Evidence · text

> 17m @ 2.62 g/t Au from 344m \(WQDD051A\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD051A

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-54)

Western Queen South · gold

#### Identity

- Hole ID: WQDD051A
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 10.48
- Grade Unit: g/t
- Intercept: 2 m
- From: 350 m
- To: 352 m
- Intercept Depth: 350 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD051A:350-352
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 2m @ 10.48 g/t Au from 350m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD051A

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-55)

Western Queen South · gold

#### Identity

- Hole ID: WQDD051A
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 4.84
- Grade Unit: g/t
- Intercept: 3 m
- From: 358 m
- To: 361 m
- Intercept Depth: 358 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD051A:358-361
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval within a broader intercept, indicating a richer zone of mineralization.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> including 3m @ 4.84 g/t Au from 358m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD054

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-56)

Western Queen South · gold

#### Identity

- Hole ID: WQDD054
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 5.6
- Grade Unit: g/t
- Intercept: 6 m
- From: 253 m
- To: 259 m
- Intercept Depth: 253 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD054:253-259
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> 6m @ 5.60g/t Au from 253m \(WQDD054\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD054

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-57)

Western Queen South · gold

#### Identity

- Hole ID: WQDD054
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.03
- Grade Unit: g/t
- Intercept: 7 m
- From: 267 m
- To: 274 m
- Intercept Depth: 267 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD054:267-274
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from infill/extension drilling at Western Queen South, supporting resource continuity.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> and 7m @ 2.03g/t Au from 267m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD052

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-58)

Western Queen South · gold

#### Identity

- Hole ID: WQDD052
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 30.72
- Grade Unit: g/t
- Intercept: 5.8 m
- From: 314.6 m
- To: 320.4 m
- Intercept Depth: 314.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD052:314.6-320.4
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional gold intercept at Western Queen Central, indicating a very high-grade zone below historical workings.

- Positive factor: Exceptional gold grade

- Positive factor: Good interval width

Evidence · text

> 5.8m @ 30.72g/t Au from 314.6m \(WQDD052\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD057

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-59)

Western Queen South · gold

#### Identity

- Hole ID: WQDD057
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 24.88
- Grade Unit: g/t
- Intercept: 6.3 m
- From: 305 m
- To: 311.3 m
- Intercept Depth: 305 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD057:305-311.3
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional gold intercept at Western Queen Central, indicating a very high-grade zone below historical workings.

- Positive factor: Exceptional gold grade

- Positive factor: Good interval width

Evidence · text

> 6.3m @ 24.88 g/t Au from 305m \(WQDD057\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD059

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-60)

Western Queen South · gold

#### Identity

- Hole ID: WQDD059
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 24.81
- Grade Unit: g/t
- Intercept: 6.9 m
- From: 290.1 m
- To: 297 m
- Intercept Depth: 290.1 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD059:290.1-297
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional gold intercept at Western Queen Central, indicating a very high-grade zone below historical workings.

- Positive factor: Exceptional gold grade

- Positive factor: Good interval width

Evidence · text

> 6.9m @ 24.81 g/t Au from 290.1m \(WQDD059\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD058

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-61)

Western Queen South · gold

#### Identity

- Hole ID: WQDD058
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 4.23
- Grade Unit: g/t
- Intercept: 8 m
- From: 296 m
- To: 304 m
- Intercept Depth: 296 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD058:296-304
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept at Western Queen Central, contributing to the definition of the high-grade zone.

- Positive factor: High gold grade

- Positive factor: Good interval width

Evidence · text

> 8m @ 4.23 g/t Au from 296m \(WQDD058\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD063

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-62)

Western Queen South · gold

#### Identity

- Hole ID: WQDD063
- Project: Western Queen South
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 11.16
- Grade Unit: g/t
- Intercept: 9.45 m
- From: 331.55 m
- To: 341 m
- Intercept Depth: 331.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD063:331.55-341
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional gold intercept at Western Queen Central, further defining the high-grade zone at depth.

- Positive factor: Exceptional gold grade

- Positive factor: Good interval width

Evidence · text

> 9.45m @ 11.16 g/t Au from 331.55m \(WQDD063\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD033

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-63)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD033
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 5.9 m
- From: 201 m
- To: 206.9 m
- Intercept Depth: 201 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD033:201-206.9
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong tungsten intercept from drilling, contributing to the understanding of tungsten mineralization.

- Positive factor: Strong tungsten grade

- Positive factor: Good interval width

Evidence · text

> 5.9m @ 0.30% WO3 from 201m \(WQDD033\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD040

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-64)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD040
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.49
- Grade Unit: %
- Intercept: 2 m
- From: 198 m
- To: 200 m
- Intercept Depth: 198 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD040:198-200
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade tungsten intercept from drilling, indicating a richer zone of tungsten mineralization.

- Positive factor: High tungsten grade

- Positive factor: Good interval width

Evidence · text

> 2m @ 0.49% WO3 from 198m \(WQDD040\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD040

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-65)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD040
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 6.24 m
- From: 223.76 m
- To: 230 m
- Intercept Depth: 223.76 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD040:223.76-230
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong tungsten intercept from drilling, contributing to the understanding of tungsten mineralization.

- Positive factor: Strong tungsten grade

- Positive factor: Good interval width

Evidence · text

> and 6.24m @ 0.30% WO3 from 223.76m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD040

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-66)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD040
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 2 m
- From: 248 m
- To: 250 m
- Intercept Depth: 248 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD040:248-250
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade tungsten intercept from drilling, indicating a richer zone of tungsten mineralization.

- Positive factor: High tungsten grade

- Positive factor: Good interval width

Evidence · text

> and 2m @ 0.56% WO3 from 248m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD045

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-67)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD045
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 10 m
- From: 214 m
- To: 224 m
- Intercept Depth: 214 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD045:214-224
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade tungsten intercept from drilling, contributing to the understanding of tungsten mineralization.

- Positive factor: High tungsten grade

- Positive factor: Good interval width

Evidence · text

> 10m @ 0.41% WO3 from 214m \(WQDD045\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD055

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-68)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD055
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.37
- Grade Unit: %
- Intercept: 4 m
- From: 347 m
- To: 351 m
- Intercept Depth: 347 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD055:347-351
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong tungsten intercept from drilling, contributing to the understanding of tungsten mineralization.

- Positive factor: Strong tungsten grade

- Positive factor: Good interval width

Evidence · text

> 4m @ 0.37% WO3 from 347m \(WQDD055\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### WQDD054

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-69)

Western Queen South · tungsten

#### Identity

- Hole ID: WQDD054
- Project: Western Queen South
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.43
- Grade Unit: %
- Intercept: 4 m
- From: 254 m
- To: 258 m
- Intercept Depth: 254 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WQDD054:254-258
- Mining Method: underground

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade tungsten intercept from drilling, indicating a richer zone of tungsten mineralization.

- Positive factor: High tungsten grade

- Positive factor: Good interval width

Evidence · text

> 4m @ 0.43% WO3 from 254m \(WQDD054\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MGRC26011

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-70)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26011
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 21.64
- Grade Unit: g/t
- Intercept: 13 m
- From: 122 m
- To: 135 m
- Intercept Depth: 122 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26011:122-135
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional gold intercept in an untested gap at Munarra Gully, indicating a significant new high-grade discovery.

- Positive factor: Exceptional gold grade

- Positive factor: Continuous interval width

- Positive factor: New discovery in untested gap

Evidence · text

> 13m @ 21.64g/t Au from 122m in hole MGRC26011

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26011

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-71)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26011
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 55.56
- Grade Unit: g/t
- Intercept: 5 m
- From: 124 m
- To: 129 m
- Intercept Depth: 124 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26011:124-129
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A bonanza-grade sub-interval within a significant gold discovery, highlighting extremely rich mineralization.

- Positive factor: Bonanza gold grade

- Positive factor: Good interval width

Evidence · text

> incl. 5m @ 55.56g/t Au from 124m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26011

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-72)

Munarra Gully · copper

#### Identity

- Hole ID: MGRC26011
- Project: Munarra Gully
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.52
- Grade Unit: %
- Intercept: 7 m
- From: 128 m
- To: 135 m
- Intercept Depth: 128 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26011:128-135
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong copper intercept co-spatial with high-grade gold, indicating polymetallic potential in the new discovery.

- Positive factor: Strong copper grade

- Positive factor: Good interval width

- Positive factor: Co-spatial with high-grade gold

Evidence · text

> concurrent with 7m @ 0.52% Cu from 128m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26007

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-73)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26007
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 2.15
- Grade Unit: g/t
- Intercept: 7 m
- From: 132 m
- To: 139 m
- Intercept Depth: 132 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26007:132-139
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong gold intercept from exploration drilling at Munarra Gully, indicating further mineralization.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

Evidence · text

> 7m @ 2.15 g/t Au from 132m \(MGRC26007\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26007

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-74)

Munarra Gully · copper

#### Identity

- Hole ID: MGRC26007
- Project: Munarra Gully
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.62
- Grade Unit: %
- Intercept: 4 m
- From: 132 m
- To: 136 m
- Intercept Depth: 132 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26007:132-136
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade copper intercept co-spatial with gold, indicating polymetallic potential.

- Positive factor: High copper grade

- Positive factor: Good interval width

- Positive factor: Co-spatial with gold

Evidence · text

> concurrent with 4m @ 0.62% Cu from 132m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26012

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-75)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26012
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 3.86
- Grade Unit: g/t
- Intercept: 7 m
- From: 65 m
- To: 72 m
- Intercept Depth: 65 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26012:65-72
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong, shallow gold intercept from exploration drilling at Munarra Gully, indicating potential for open-pittable mineralization.

- Positive factor: Strong gold grade

- Positive factor: Good interval width

- Positive factor: Shallow intercept

Evidence · text

> 7m @ 3.86 g/t Au from 65m \(MGRC26012\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26012

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-76)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26012
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 26.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 68 m
- To: 69 m
- Intercept Depth: 68 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26012:68-69
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional, shallow gold grade within a broader intercept, highlighting very rich mineralization near surface.

- Positive factor: Exceptional gold grade

- Positive factor: Shallow intercept

Evidence · text

> incl. 1m @ 26.10 g/t Au from 68m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26006

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-77)

Munarra Gully · gold

#### Identity

- Hole ID: MGRC26006
- Project: Munarra Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 5.86
- Grade Unit: g/t
- Intercept: 1 m
- From: 149 m
- To: 150 m
- Intercept Depth: 149 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26006:149-150
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept from exploration drilling at Munarra Gully, indicating localized rich mineralization.

- Positive factor: High gold grade

- Negative factor: Narrow interval width

Evidence · text

> 1m @ 5.86 g/t Au from 149m \(MGRC26006\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26006

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-78)

Munarra Gully · copper

#### Identity

- Hole ID: MGRC26006
- Project: Munarra Gully
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 0.39
- Grade Unit: %
- Intercept: 6 m
- From: 140 m
- To: 146 m
- Intercept Depth: 140 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26006:140-146
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong copper intercept co-spatial with gold, indicating polymetallic potential.

- Positive factor: Strong copper grade

- Positive factor: Good interval width

- Positive factor: Co-spatial with gold

Evidence · text

> concurrent with 6m @ 0.39% Cu from 140m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MGRC26006

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-79)

Munarra Gully · copper

#### Identity

- Hole ID: MGRC26006
- Project: Munarra Gully
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 1.54
- Grade Unit: %
- Intercept: 1 m
- From: 140 m
- To: 141 m
- Intercept Depth: 140 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MGRC26006:140-141
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An exceptional copper grade within a broader intercept, highlighting very rich copper mineralization.

- Positive factor: Exceptional copper grade

- Positive factor: Co-spatial with gold

- Negative factor: Narrow interval width

Evidence · text

> incl. 1m @ 1.54% Cu from 140m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 20AFAC11321

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-80)

Thunderstorm · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 20AFAC11321
- Project: Thunderstorm
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 6.69
- Grade Unit: g/t
- Intercept: 16 m
- From: 42 m
- To: 58 m
- Intercept Depth: 42 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 20AFAC11321:42-58
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A historical high-grade gold intercept at shallow depth, indicating significant potential that warrants follow-up.

- Positive factor: High gold grade

- Positive factor: Continuous interval width

- Positive factor: Shallow intercept

- Negative factor: Stale data re-release

Evidence · text

> 16m @ 6.69 g/t Au from 42m in 20AFAC11321

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 18AFAC30771

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-drill-facts-81)

Thunderstorm · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 18AFAC30771
- Project: Thunderstorm
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: RTR

#### Geometry

- Grade: 9.15
- Grade Unit: g/t
- Intercept: 6 m
- From: 48 m
- To: 54 m
- Intercept Depth: 48 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 18AFAC30771:48-54
- Mining Method: unknown

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A historical high-grade gold intercept at shallow depth, indicating significant potential that warrants follow-up.

- Positive factor: High gold grade

- Positive factor: Good interval width

- Positive factor: Shallow intercept

- Negative factor: Stale data re-release

Evidence · text

> 6m @ 9.15 g/t Au from 48m in 18AFAC30771

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## Resource Estimates (34)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-0)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:948f9872e473c3644ad9

#### Resource Data

- Category: indicated
- Tonnes: 1840000
- Grade: 2.3
- Grade Unit: g/t
- Contained Metal: 134600
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The indicated gold resource at WQS contributes significantly to the overall resource upgrade, demonstrating good grade and tonnage.

- Positive factor: Significant indicated resource tonnage

- Positive factor: Good gold grade

- Positive factor: Part of a larger resource upgrade

Evidence · table

> 2.3

Context: 1,840

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 1840000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 2.3 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 134600 against 370000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-1)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:cd0b1b7310cb5dcf8b21

#### Resource Data

- Category: indicated
- Tonnes: 370000
- Grade: 6.5
- Grade Unit: g/t
- Contained Metal: 76800
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The indicated gold resource at WQC shows a high grade, contributing positively to the overall resource upgrade.

- Positive factor: High gold grade

- Positive factor: Significant indicated resource tonnage

- Positive factor: Part of a larger resource upgrade

Evidence · table

> 6.5

Context: 370

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 370000 against 3720000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 6.5 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 76800 against 370000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-2)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:9284758bbabdf179fa68
- Deposit or zone: WQC HG

#### Resource Data

- Category: indicated
- Tonnes: 144000
- Grade: 11.3
- Grade Unit: g/t
- Contained Metal: 52300
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The discovery of a new high-grade zone at Western Queen Central with exceptional gold grades significantly enhances the project's value and potential.

- Positive factor: Exceptional gold grade

- Positive factor: New high-grade zone discovery

- Positive factor: Significant contained gold ounces

Evidence · table

> 11.3

Context: 144

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 144000 against 3720000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 11.3 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 52300 against 370000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-3)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:f6f6488b6abe5b659233
- Deposit or zone: Princess

#### Resource Data

- Category: indicated
- Tonnes: 220000
- Grade: 1.3
- Grade Unit: g/t
- Contained Metal: 9400
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Princess indicated resource adds to the overall gold inventory but with a lower grade compared to other zones.

- Positive factor: Contributes to overall indicated resource

- Negative factor: Lower gold grade compared to other zones

Evidence · table

> 1.3

Context: 220

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 220000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 1.3 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 9400 against 370000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-4)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:163566819bf987ad1bf2
- Deposit or zone: Duke

#### Resource Data

- Category: indicated
- Tonnes: 30000
- Grade: 7.1
- Grade Unit: g/t
- Contained Metal: 6900
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Duke indicated resource, while small in tonnage, contributes high-grade gold to the overall resource.

- Positive factor: High gold grade

- Positive factor: Contributes to overall indicated resource

- Negative factor: Small tonnage

Evidence · table

> 7.1

Context: 30

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 30000 against 3720000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 7.1 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 6900 against 370000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-5)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:ae7f26da780b317e3db7
- Deposit or zone: Cranes

#### Resource Data

- Category: indicated
- Tonnes: 80000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 3300
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Cranes indicated resource adds to the overall gold inventory but with a relatively low grade and tonnage.

- Positive factor: Contributes to overall indicated resource

- Negative factor: Lower gold grade and tonnage

Evidence · table

> 1.4

Context: 80

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 80000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 1.4 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 3300 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-6)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:61e6acc8952ba55cb148

#### Resource Data

- Category: inferred
- Tonnes: 1240000
- Grade: 2.3
- Grade Unit: g/t
- Contained Metal: 91500
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The inferred gold resource at WQS provides significant potential but requires further drilling to upgrade confidence.

- Positive factor: Significant inferred resource tonnage

- Positive factor: Good gold grade

- Negative factor: Lower confidence category

Evidence · table

> 2.3

Context: 1,240

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 1240000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 2.3 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 91500 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-7)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:7598182d82df8c21e932

#### Resource Data

- Category: inferred
- Tonnes: 820000
- Grade: 3
- Grade Unit: g/t
- Contained Metal: 78800
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The inferred gold resource at WQC shows good grade and tonnage, indicating potential for future upgrade.

- Positive factor: Good gold grade

- Positive factor: Significant inferred resource tonnage

- Negative factor: Lower confidence category

Evidence · table

> 3.0

Context: 820

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 820000 against 3720000 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 78800 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-8)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:8f3a181d84a0e86d7319
- Deposit or zone: WQC HG

#### Resource Data

- Category: inferred
- Tonnes: 1000
- Grade: 8.1
- Grade Unit: g/t
- Contained Metal: 200
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A small inferred portion of the new high-grade zone at WQC shows very high gold grades, indicating potential for further definition.

- Positive factor: High gold grade

- Positive factor: Part of new high-grade zone discovery

- Negative factor: Very small tonnage

- Negative factor: Lower confidence category

Evidence · table

> 8.1

Context: 1

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 1000 against 3720000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 8.1 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 200 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-9)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:d017d32bd7a0996353ec
- Deposit or zone: Princess

#### Resource Data

- Category: inferred
- Tonnes: 520000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 29200
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Princess inferred resource adds to the overall gold inventory but with a lower grade and confidence.

- Positive factor: Contributes to overall inferred resource

- Negative factor: Lower gold grade and confidence category

Evidence · table

> 1.8

Context: 520

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 520000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 1.8 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 29200 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-10)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:1f7ba33c272d1c090812
- Deposit or zone: Duke

#### Resource Data

- Category: inferred
- Tonnes: 10000
- Grade: 7.1
- Grade Unit: g/t
- Contained Metal: 3100
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Duke inferred resource, though small, shows high gold grades, indicating potential for further exploration.

- Positive factor: High gold grade

- Negative factor: Very small tonnage

- Negative factor: Lower confidence category

Evidence · table

> 7.1

Context: 10

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 10000 against 3720000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 7.1 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 3100 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-11)

Western Queen · gold

#### Identity

- Project: Western Queen
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:6bbe2afd0b827a6e4af7
- Deposit or zone: Cranes

#### Resource Data

- Category: inferred
- Tonnes: 80000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 3300
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-01
- Prior Tonnes: 3720000
- Prior Grade: 3.1
- Prior Contained Metal: 370000

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Cranes inferred resource adds to the overall gold inventory but with a relatively low grade, tonnage, and confidence.

- Positive factor: Contributes to overall inferred resource

- Negative factor: Lower gold grade and tonnage

- Negative factor: Lower confidence category

Evidence · table

> 1.4

Context: 80

#### 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

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 80000 against 3720000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 1.4 against 3.1 previously

**Contained Metal Decline**

Polarity: negative

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

Why it applies: 3300 against 370000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-12)

Western Queen · tungsten

#### Identity

- Project: Western Queen
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2025-08-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:4ceb56dea343a44b99c4

#### Resource Data

- Category: inferred
- Tonnes: 790000
- Grade: 0.27
- Grade Unit: % WO3
- Contained Metal: 2200
- Contained Unit: t
- Cutoff Grade: 0.1
- Cutoff Unit: % WO3

#### Prior Estimate

- Resource Date: 2025-08-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The inferred tungsten resource at WQC contributes to the maiden MRE, indicating significant tungsten potential.

- Positive factor: Part of maiden tungsten MRE

- Positive factor: Significant contained tungsten

- Negative factor: Lower confidence category

Evidence · table

> 0.27

Context: 790

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-13)

Western Queen · tungsten

#### Identity

- Project: Western Queen
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2025-08-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:b100f79aff6ae97f7c40
- Deposit or zone: Princess

#### Resource Data

- Category: inferred
- Tonnes: 810000
- Grade: 0.22
- Grade Unit: % WO3
- Contained Metal: 1800
- Contained Unit: t
- Cutoff Grade: 0.1
- Cutoff Unit: % WO3

#### Prior Estimate

- Resource Date: 2025-08-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The Princess inferred tungsten resource contributes to the maiden MRE, but with a lower grade.

- Positive factor: Part of maiden tungsten MRE

- Positive factor: Significant contained tungsten

- Negative factor: Lower confidence category

- Negative factor: Lower tungsten grade

Evidence · table

> 0.22

Context: 810

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-14)

Western Queen · tungsten

#### Identity

- Project: Western Queen
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2025-08-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:1add9db83749104bbdee
- Deposit or zone: WQS

#### Resource Data

- Category: inferred
- Tonnes: 2710000
- Grade: 0.34
- Grade Unit: % WO3
- Contained Metal: 9200
- Contained Unit: t
- Cutoff Grade: 0.1
- Cutoff Unit: % WO3

#### Prior Estimate

- Resource Date: 2025-08-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The WQS inferred tungsten resource is a significant component of the maiden MRE, showing good tonnage and grade.

- Positive factor: Part of maiden tungsten MRE

- Positive factor: Significant tonnage and contained tungsten

- Positive factor: Good tungsten grade

- Negative factor: Lower confidence category

Evidence · table

> 0.34

Context: 2,710

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-15)

Western Queen · tungsten

#### Identity

- Project: Western Queen
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2025-08-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:538fe381f9ba7b5ab0e5

#### Resource Data

- Category: inferred
- Tonnes: 1440000
- Grade: 0.51
- Grade Unit: % WO3
- Contained Metal: 7.4
- Contained Unit: kt
- Cutoff Grade: 0.3
- Cutoff Unit: % WO3

#### Prior Estimate

- Resource Date: 2025-08-01

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A higher-grade portion of the inferred tungsten resource demonstrates excellent tungsten grades, enhancing the project's value.

- Positive factor: High tungsten grade

- Positive factor: Significant contained tungsten

- Positive factor: Part of maiden tungsten MRE

- Negative factor: Lower confidence category

Evidence · text

> higher-grade portion of 1.44Mt @ 0.51% WO3 for 7.4Kt WO3 at 0.3% WO3 cut off

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-16)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:ddde65a7274f3e79ee30

#### Resource Data

- Category: inferred
- Tonnes: 462000000
- Grade: 1
- Grade Unit: %
- Cutoff Grade: 0.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 1.3
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is part of a maiden MRE with very large tonnage, but the zinc grade is relatively low at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Very large tonnage

- Negative factor: Lower confidence category

- Negative factor: Lower zinc grade

Evidence · table

> 1.0

Context: 462

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-17)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:ddde65a7274f3e79ee30

#### Resource Data

- Category: inferred
- Tonnes: 462000000
- Grade: 0.3
- Grade Unit: %
- Cutoff Grade: 0.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 1.3
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is part of a maiden MRE with very large tonnage, but the lead grade is low at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Very large tonnage

- Negative factor: Lower confidence category

- Negative factor: Low lead grade

Evidence · table

> 0.3

Context: 462

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-18)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:ddde65a7274f3e79ee30

#### Resource Data

- Category: inferred
- Tonnes: 462000000
- Grade: 2.2
- Grade Unit: g/t
- Cutoff Grade: 0.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 1.3
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is part of a maiden MRE with very large tonnage, but the silver grade is low at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Very large tonnage

- Negative factor: Lower confidence category

- Negative factor: Low silver grade

Evidence · table

> 2.2

Context: 462

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-19)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:f7800bcd48f528419cf6

#### Resource Data

- Category: inferred
- Tonnes: 194000000
- Grade: 1.6
- Grade Unit: %
- Cutoff Grade: 1
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 2.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is part of a maiden MRE with large tonnage and moderate zinc grade at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Large tonnage

- Negative factor: Lower confidence category

- Negative factor: Moderate zinc grade

Evidence · table

> 1.6

Context: 194

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-20)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:f7800bcd48f528419cf6

#### Resource Data

- Category: inferred
- Tonnes: 194000000
- Grade: 0.5
- Grade Unit: %
- Cutoff Grade: 1
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 2.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is part of a maiden MRE with large tonnage, but the lead grade is low at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Large tonnage

- Negative factor: Lower confidence category

- Negative factor: Low lead grade

Evidence · table

> 0.5

Context: 194

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-21)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:f7800bcd48f528419cf6

#### Resource Data

- Category: inferred
- Tonnes: 194000000
- Grade: 3.1
- Grade Unit: g/t
- Cutoff Grade: 1
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 2.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is part of a maiden MRE with large tonnage, but the silver grade is low at this cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Large tonnage

- Negative factor: Lower confidence category

- Negative factor: Low silver grade

Evidence · table

> 3.1

Context: 194

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-22)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a560ed5879e76bdfbee1

#### Resource Data

- Category: inferred
- Tonnes: 94000000
- Grade: 2.4
- Grade Unit: %
- Contained Metal: 2.2
- Contained Unit: mt
- Cutoff Grade: 2
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is a key part of the maiden MRE, showing good grade and significant contained metal.

- Positive factor: Part of maiden MRE

- Positive factor: Significant contained zinc

- Positive factor: Good zinc grade

- Negative factor: Lower confidence category

Evidence · table

> 2.4

Context: 94

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-23)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a560ed5879e76bdfbee1

#### Resource Data

- Category: inferred
- Tonnes: 94000000
- Grade: 0.7
- Grade Unit: %
- Contained Metal: 0.6
- Contained Unit: mt
- Cutoff Grade: 2
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is a key part of the maiden MRE, showing moderate grade and significant contained metal.

- Positive factor: Part of maiden MRE

- Positive factor: Significant contained lead

- Negative factor: Lower confidence category

- Negative factor: Moderate lead grade

Evidence · table

> 0.7

Context: 94

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-24)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a560ed5879e76bdfbee1

#### Resource Data

- Category: inferred
- Tonnes: 94000000
- Grade: 4.2
- Grade Unit: g/t
- Contained Metal: 12.6
- Contained Unit: moz
- Cutoff Grade: 2
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.1
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is a key part of the maiden MRE, showing moderate grade and significant contained metal.

- Positive factor: Part of maiden MRE

- Positive factor: Significant contained silver

- Negative factor: Lower confidence category

- Negative factor: Moderate silver grade

Evidence · table

> 4.2

Context: 94

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-25)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:1cb33dd2c7d3074587fa

#### Resource Data

- Category: inferred
- Tonnes: 65000000
- Grade: 2.6
- Grade Unit: %
- Cutoff Grade: 2.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.4
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is part of a maiden MRE, showing good zinc grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Good zinc grade

- Negative factor: Lower confidence category

Evidence · table

> 2.6

Context: 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-26)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:1cb33dd2c7d3074587fa

#### Resource Data

- Category: inferred
- Tonnes: 65000000
- Grade: 0.8
- Grade Unit: %
- Cutoff Grade: 2.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.4
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is part of a maiden MRE, showing moderate lead grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Moderate lead grade

- Negative factor: Lower confidence category

Evidence · table

> 0.8

Context: 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-27)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:1cb33dd2c7d3074587fa

#### Resource Data

- Category: inferred
- Tonnes: 65000000
- Grade: 4.5
- Grade Unit: g/t
- Cutoff Grade: 2.5
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.4
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is part of a maiden MRE, showing moderate silver grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Moderate silver grade

- Negative factor: Lower confidence category

Evidence · table

> 4.5

Context: 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-28)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a04f483cfb8c771145a7

#### Resource Data

- Category: inferred
- Tonnes: 41000000
- Grade: 3
- Grade Unit: %
- Cutoff Grade: 3
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.9
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is part of a maiden MRE, showing good zinc grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Good zinc grade

- Negative factor: Lower confidence category

Evidence · table

> 3.0

Context: 41

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-29)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a04f483cfb8c771145a7

#### Resource Data

- Category: inferred
- Tonnes: 41000000
- Grade: 0.9
- Grade Unit: %
- Cutoff Grade: 3
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.9
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is part of a maiden MRE, showing moderate lead grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Moderate lead grade

- Negative factor: Lower confidence category

Evidence · table

> 0.9

Context: 41

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-30)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:a04f483cfb8c771145a7

#### Resource Data

- Category: inferred
- Tonnes: 41000000
- Grade: 4.9
- Grade Unit: g/t
- Cutoff Grade: 3
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 3.9
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is part of a maiden MRE, showing moderate silver grade at a higher cut-off.

- Positive factor: Part of maiden MRE

- Positive factor: Moderate silver grade

- Negative factor: Lower confidence category

Evidence · table

> 4.9

Context: 41

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-31)

Earaheedy Base Metal Project · zinc

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:b2d160c585f0c388df52

#### Resource Data

- Category: inferred
- Tonnes: 12000000
- Grade: 3.6
- Grade Unit: %
- Cutoff Grade: 4
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 4.8
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred zinc resource is part of a maiden MRE, showing high zinc grade at a high cut-off, but with smaller tonnage.

- Positive factor: Part of maiden MRE

- Positive factor: High zinc grade

- Negative factor: Lower confidence category

- Negative factor: Small tonnage

Evidence · table

> 3.6

Context: 12

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-32)

Earaheedy Base Metal Project · lead

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: lead
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:b2d160c585f0c388df52

#### Resource Data

- Category: inferred
- Tonnes: 12000000
- Grade: 1.2
- Grade Unit: %
- Cutoff Grade: 4
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 4.8
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred lead resource is part of a maiden MRE, showing good lead grade at a high cut-off, but with smaller tonnage.

- Positive factor: Part of maiden MRE

- Positive factor: Good lead grade

- Negative factor: Lower confidence category

- Negative factor: Small tonnage

Evidence · table

> 1.2

Context: 12

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-resource-facts-33)

Earaheedy Base Metal Project · silver

#### Identity

- Project: Earaheedy Base Metal Project
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-19T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Carder
- Resource group id: resource:b2d160c585f0c388df52

#### Resource Data

- Category: inferred
- Tonnes: 12000000
- Grade: 5.7
- Grade Unit: g/t
- Cutoff Grade: 4
- Cutoff Unit: % Zn+Pb

#### Prior Estimate

- Resource Date: 2023-04-19

#### Metal Equivalent

- Metal Eq. Grade: 4.8
- Metal Eq. Unit: % Zn+Pb

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This inferred silver resource is part of a maiden MRE, showing good silver grade at a high cut-off, but with smaller tonnage.

- Positive factor: Part of maiden MRE

- Positive factor: Good silver grade

- Negative factor: Lower confidence category

- Negative factor: Small tonnage

Evidence · table

> 5.7

Context: 12

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

## Metallurgical Results (2)

### flotation and gravity

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-metallurgical-facts-82)

Western Queen · tungsten

#### Identity

- Project: Western Queen
- Commodity: tungsten
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Test Work

- Program Status: preliminary
- Test Type: flotation and gravity
- Processing Route: simple flotation and gravity circuit

#### Recovery

- Recovery: 45 %
- Recovery Basis: actual\_test
- Conc. Grade: 48
- Conc. Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: Preliminary metallurgical testwork delivered a marketable tungsten concentrate with good recovery via a simple flowsheet, indicating viable processing.

- Positive factor: Marketable concentrate grade

- Positive factor: Simple processing route

- Positive factor: Good recovery for preliminary testwork

- Negative factor: Preliminary test scale only

Evidence · text

> highly marketable tungsten concentrate with a grade of 48% grade based on a 45% recovery, resulting in a very real opportunity to fast-track tungsten production

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/rtr-annual-report-to-shareholders--3cd56b39-f38e-44f8-a53b-831b94983877#fact-metallurgical-facts-83)

Earaheedy Zn-Pb-Ag Project · zinc

#### Identity

- Project: Earaheedy Zn-Pb-Ag Project
- Commodity: zinc
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: RTR

#### Test Work

- Program Status: scoping
- Test Type: flotation
- Processing Route: flotation

#### Recovery

- Recovery: 79 %
- Recovery Basis: actual\_test
- Conc. Grade: 61
- Conc. Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: Scoping study metallurgical testwork showed strong zinc recovery and a high bulk concentrate grade, but further work is needed to produce separate, marketable concentrates.

- Positive factor: Strong zinc recovery

- Positive factor: High bulk concentrate grade

- Negative factor: Scoping study level testwork

- Negative factor: Bulk concentrate requires further processing for separate products

Evidence · text

> positive metallurgical test work at the Chinook deposit \(79% Zn recovery; 61% Zn+Pb concentrate\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation 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.
