TAM: Annual Report to shareholders
Original announcement by asx on
- Company
- Tanami Gold NL
- Ticker
- TAM
- Exchange
- ASX
- Region
- Northern Territory
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update, Capital raise
- Extracted
- 2026-09-22 03:06:09 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Tanami Gold NL's annual report highlights significant progress at its Central Tanami Project, including an 18% increase in mineral resource tonnes and a 9% increase in contained gold ounces to 2.8 Moz, despite an 8% decrease in overall grade. The company reported high-grade drill intercepts from Jims and Groundrush, with several bonanza-grade results. A successful A$70.5 million rights issue was completed to fund the development of an underground exploration decline at Groundrush, marking a tangible step towards production.
Reasoning: The annual report details significant progress at the Central Tanami Project, including a substantial increase in gold resources, high-grade drill results from key deposits, and a successful capital raise to fund an underground exploration decline. While the overall resource grade decreased, the growth in contained ounces and the advancement towards development are strong positive signals for the project's future.
Positive factors
- Significant increase in total Mineral Resource ounces (9%) and tonnes (18%) for the Central Tanami Project.
- High-grade gold intercepts reported from Jims Gold Mine, including bonanza grades.
- High-grade gold intercepts reported from Groundrush Gold Mine, including bonanza grades.
- Resource estimate updated to 2012 JORC Code compliance, enhancing confidence.
- Appointment of preferred mining contractor for Groundrush underground exploration decline, indicating tangible progress towards development.
- Successful completion of a fully underwritten rights issue, securing funding for project development.
Negative factors
- Overall decrease in average resource grade (8%) despite tonnage and contained metal growth.
- Drill results for Western Dolerite and Defa prospects are lower grade compared to Jims and Groundrush highlights.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 38
Classification and evidence
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource estimates are reported in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).
Evidence · text
“all Mineral Resources in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mr. Graeme Thompson, a Member of the Australasian Institute of Mining and Metallurgy and an employee of MoJoe Mining Pty Ltd, is the Competent Person for the Mineral Resource estimates.
Evidence · text
“The information in this report that relates to the Mineral Resource estimates for the Central Tanami Gold Project is based on information compiled by Mr. Graeme Thompson, who is a Member of the Australasian Institute of Mining and Metallurgy, and is an employee of MoJoe Mining Pty Ltd. Mr Graeme Thompson has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he has undertaken to qualify as a Competent Person, as defined in the 2012 Edition of the Australasian Code for the Reporting of Mineral Resources and Ore Reserves.”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The updated MRE totals 31 Mt, representing an 18% increase in tonnes compared with the previously reported MRE dated 30 June 2023.
Evidence · text
“The updated MRE totals 31 Mt at 2.8 g/t gold for 2.8 Moz as of 30 September 2025, representing an 18% increase in tonnes”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The updated MRE totals 2.8 Moz, representing a 9% increase in contained ounces compared with the previously reported MRE dated 30 June 2023.
Evidence · text
“The updated MRE totals 31 Mt at 2.8 g/t gold for 2.8 Moz as of 30 September 2025, representing an 18% increase in tonnes, 9% increase in contained ounces”
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: The updated MRE shows an 8% decrease in grade compared with the previously reported MRE dated 30 June 2023.
Evidence · text
“representing an 18% increase in tonnes, 9% increase in contained ounces, and an 8% decrease in grade compared with the previously reported MRE dated 30 June 2023.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document explicitly states 'The updating of the Mineral Resource estimates (MRE) for the gold deposits within the CTP was completed during FY26'.
Evidence · text
“The updating of the Mineral Resource estimates (MRE) for the gold deposits within the CTP was completed during FY26.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The document states that open pit estimates are reported at cut-off grades ranging from 0.6 g/t gold to 0.8 g/t gold and underground estimates from 1.4 g/t gold to 1.8 g/t gold.
Evidence · text
“The open pit estimates are reported at cut-off grades ranging from 0.6 g/t gold to 0.8 g/t gold and are constrained within optimised pit shells based on a A$3,500 per ounce gold price. Underground Mineral Resources are reported at cut-off grades ranging from 1.4 g/t gold to 1.8 g/t gold”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The updated MRE includes a significant Inferred component of 14 Mt at 3.1 g/t gold for 1.4 Moz.
Evidence · table
“3.1”
Context: 14,000
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill hole JPRCD0031 returned 4.00 metres @ 29.12 g/t gold, which is well above the exceptional threshold for gold.
Evidence · text
“4.00 metres @ 29.12 g/t gold from 282.00 metres in drill hole JPRCD0031”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at Jims was designed to test the down-dip and northerly extensions of the Jims Main zone.
Evidence · text
“Two phases of drilling designed to test the down-dip and northerly extensions of the Jims Main zone returned a series of significant high-grade intercepts”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Infill drilling was conducted at Groundrush along the southern edge of the deposit to improve confidence in the Mineral Resource.
Evidence · text
“At Groundrush, infill drilling along the southern edge of the deposit returned several high-grade intercepts and improved confidence in the Mineral Resource ahead of future resource updates and mining studies”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Mr Neale Edwards, a Fellow of the Australian Institute of Geoscientists and a Director, is stated as a Competent Person for the Exploration Results, indicating QA/QC oversight.
Evidence · text
“Mr Neale Edwards BSc (Hons), a Fellow of the Australian Institute of Geoscientists, who is a Director of Tanami Gold NL and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code of Reporting for Exploration Results, Mineral Resources and Ore Reserves confirms that the form and context in which the Exploration Results dated 25 July 2025, 1 October 2025, 27 November 2025, and 16 January 2026 presented in this report have not been materially modified and are consistent with the 25 July 2025, 1 October 2025, 27 November 2025, and 16 January 2026 reports.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are reported as downhole lengths (e.g., 'metres @ g/t gold') without explicit disclosure of true width or drill orientation relative to mineralization.
Evidence · text
“12.17 metres at 6.94 g/t gold”
Extracted facts
Stored fact records: 38. Some facts used in scoring do not have a stored record.
Drill Results (33)
JPRCD0008AJims Gold Mine · goldGrade: 6.74Grade Unit: g/tIntercept: 7.3 mView all detailsHide details
Identity
- Hole ID
- JPRCD0008A
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.74
- Grade Unit
- g/t
- Intercept
- 7.3 m
- From
- 329.7 m
- To
- 337 m
- Intercept Depth
- 329.7 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0008A:329.7-337
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept demonstrates strong gold mineralization, extending the known zone at Jims Gold Mine and adding confidence to the project's continuity.
Positive factors
- Strong gold grade (6.74 g/t) for the reported interval.
- Contributes to the down-dip and northerly extensions of the Jims Main zone.
Evidence · text
“7.30 metres @ 6.74 g/t gold from 329.70 metres in drill hole JPRCD0008A”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0012Jims Gold Mine · goldGrade: 3.98Grade Unit: g/tIntercept: 6.39 mView all detailsHide details
Identity
- Hole ID
- JPRCD0012
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 3.98
- Grade Unit
- g/t
- Intercept
- 6.39 m
- From
- 371.9 m
- To
- 378.29 m
- Intercept Depth
- 371.9 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0012:371.9-378.29
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades, supporting the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (3.98 g/t) for the reported interval.
- Confirms continuity of mineralization at Jims.
Evidence · text
“6.39 metres @ 3.98 g/t gold from 371.90 metres in drill hole JPRCD0012”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0012Jims Gold Mine · goldGrade: 6.94Grade Unit: g/tIntercept: 12.17 mView all detailsHide details
Identity
- Hole ID
- JPRCD0012
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.94
- Grade Unit
- g/t
- Intercept
- 12.17 m
- From
- 386.24 m
- To
- 398.41 m
- Intercept Depth
- 386.24 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0012:386.24-398.41
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This high-grade, significant width intercept is a strong positive, confirming the quality of mineralization at Jims and enhancing its strategic value.
Positive factors
- Strong gold grade (6.94 g/t) over a significant width (12.17 m).
- Elevates the strategic importance of Jims within the JV portfolio.
Evidence · text
“12.17 metres @ 6.94 g/t gold from 386.24 metres in drill hole JPRCD0012”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0014Jims Gold Mine · goldGrade: 4.59Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- JPRCD0014
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 4.59
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 333 m
- To
- 337.4 m
- Intercept Depth
- 333 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0014:333-337.4
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept shows good gold grades, contributing to the understanding of mineralization continuity at Jims Gold Mine.
Positive factors
- Strong gold grade (4.59 g/t) for the reported interval.
- Supports the continuity of mineralization at Jims.
Evidence · text
“4.40 metres @ 4.59 g/t gold from 333.00 metres in drill hole JPRCD0014”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0016Jims Gold Mine · goldGrade: 5.6Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- JPRCD0016
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 5.6
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 434 m
- To
- 442 m
- Intercept Depth
- 434 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0016:434-442
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This exceptional grade intercept adds significant confidence to the Jims mineralized system, indicating robust gold mineralization at depth.
Positive factors
- Exceptional gold grade (5.60 g/t) over a good width (8.0 m).
- Further strengthens confidence in the Jims mineralized system.
Evidence · text
“8.00 metres @ 5.60 g/t gold from 434.00 metres in drill hole JPRCD0016”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0017Jims Gold Mine · goldGrade: 3.64Grade Unit: g/tIntercept: 8.85 mView all detailsHide details
Identity
- Hole ID
- JPRCD0017
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 3.64
- Grade Unit
- g/t
- Intercept
- 8.85 m
- From
- 426.45 m
- To
- 435.3 m
- Intercept Depth
- 426.45 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0017:426.45-435.3
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades over a reasonable width, supporting the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (3.64 g/t) over a good width (8.85 m).
- Confirms continuity of mineralization at Jims.
Evidence · text
“8.85 metres @ 3.64 g/t gold from 426.45 metres in drill hole JPRCD0017”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0018Jims Gold Mine · goldGrade: 17.25Grade Unit: g/tIntercept: 1.34 mView all detailsHide details
Identity
- Hole ID
- JPRCD0018
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 17.25
- Grade Unit
- g/t
- Intercept
- 1.34 m
- From
- 311 m
- To
- 312.34 m
- Intercept Depth
- 311 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0018:311-312.34
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of very high-grade gold, although its narrow width suggests localized mineralization.
Positive factors
- Bonanza gold grade (17.25 g/t) indicates high-grade mineralization.
Negative factors
- Narrow intercept length (1.34 m) limits overall contained metal.
Evidence · text
“1.34 metres @ 17.25 g/t gold from 311.00 metre in drill hole JPRCD0018”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD018Jims Gold Mine · goldGrade: 3.57Grade Unit: g/tIntercept: 11.92 mView all detailsHide details
Identity
- Hole ID
- JPRCD018
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 3.57
- Grade Unit
- g/t
- Intercept
- 11.92 m
- From
- 323.08 m
- To
- 335 m
- Intercept Depth
- 323.08 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD018:323.08-335
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades over a significant width, reinforcing the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (3.57 g/t) over a significant width (11.92 m).
- Supports the continuity of mineralization at Jims.
Evidence · text
“11.92 metres @ 3.57 g/t gold from 323.08 metres in drill hole JPRCD018”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0020Jims Gold Mine · goldGrade: 5.14Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- JPRCD0020
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 5.14
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 81 m
- To
- 94 m
- Intercept Depth
- 81 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0020:81-94
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This exceptional grade intercept over a significant width at a relatively shallow depth is a strong positive, indicating good mineralization potential near surface.
Positive factors
- Exceptional gold grade (5.14 g/t) over a significant width (13.0 m).
- Indicates robust mineralization at shallower depths.
Evidence · text
“13.00 metres @ 5.14 g/t gold from 81.00 metres in drill hole JPRCD0020”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0022Jims Gold Mine · goldGrade: 1.68Grade Unit: g/tIntercept: 20.23 mView all detailsHide details
Identity
- Hole ID
- JPRCD0022
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 1.68
- Grade Unit
- g/t
- Intercept
- 20.23 m
- From
- 445.86 m
- To
- 466.09 m
- Intercept Depth
- 445.86 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0022:445.86-466.09
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept, while moderate in grade, is significant due to its considerable width, suggesting potential for bulk tonnage mineralization at depth.
Positive factors
- Moderate gold grade (1.68 g/t) over a very significant width (20.23 m).
- Suggests bulk tonnage potential at depth.
Evidence · text
“20.23 metres @ 1.68 g/t gold from 445.86 metres in drill hole JPRCD0022”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0024Jims Gold Mine · goldGrade: 7.37Grade Unit: g/tIntercept: 3.98 mView all detailsHide details
Identity
- Hole ID
- JPRCD0024
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 7.37
- Grade Unit
- g/t
- Intercept
- 3.98 m
- From
- 361.23 m
- To
- 365.21 m
- Intercept Depth
- 361.23 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0024:361.23-365.21
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This exceptional grade intercept confirms the presence of high-grade gold mineralization at Jims Gold Mine.
Positive factors
- Exceptional gold grade (7.37 g/t) for the reported interval.
- Confirms high-grade mineralization at Jims.
Evidence · text
“3.98 metres @ 7.37 g/t gold from 361.23 metres in drill hole JPRCD0024”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0025Jims Gold Mine · goldGrade: 27.48Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- JPRCD0025
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 27.48
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 212 m
- To
- 214 m
- Intercept Depth
- 212 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0025:212-214
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept demonstrates very high-grade gold, although its narrow width suggests a localized high-grade zone.
Positive factors
- Bonanza gold grade (27.48 g/t) indicates very high-grade mineralization.
Negative factors
- Narrow intercept length (2.0 m) limits overall contained metal.
Evidence · text
“2.00 metres @ 27.48 g/t gold from 212.00 metres in drill hole JPRCD0025”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0025Jims Gold Mine · goldGrade: 6.61Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- JPRCD0025
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.61
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 280 m
- To
- 293 m
- Intercept Depth
- 280 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0025:280-293
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This high-grade, significant width intercept is a strong positive, confirming the quality of mineralization at Jims and enhancing its strategic value.
Positive factors
- Strong gold grade (6.61 g/t) over a significant width (13.0 m).
- Elevates the strategic importance of Jims within the JV portfolio.
Evidence · text
“13.00 metres @ 6.61 g/t gold from 280.00 metres in drill hole JPRCD0025”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0025Jims Gold Mine · goldGrade: 4.99Grade Unit: g/tIntercept: 7.65 mView all detailsHide details
Identity
- Hole ID
- JPRCD0025
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 4.99
- Grade Unit
- g/t
- Intercept
- 7.65 m
- From
- 389.41 m
- To
- 397.06 m
- Intercept Depth
- 389.41 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0025:389.41-397.06
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades, supporting the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (4.99 g/t) for the reported interval.
- Confirms continuity of mineralization at Jims.
Evidence · text
“7.65 metres @ 4.99 g/t gold from 389.41 metres in drill hole JPRCD0025”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0026Jims Gold Mine · goldGrade: 28.94Grade Unit: g/tIntercept: 0.7 mView all detailsHide details
Identity
- Hole ID
- JPRCD0026
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 28.94
- Grade Unit
- g/t
- Intercept
- 0.7 m
- From
- 256 m
- To
- 256.7 m
- Intercept Depth
- 256 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0026:256-256.7
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of very high-grade gold, though its extremely narrow width suggests a localized high-grade vein.
Positive factors
- Bonanza gold grade (28.94 g/t) indicates very high-grade mineralization.
Negative factors
- Very narrow intercept length (0.7 m) limits overall contained metal.
Evidence · text
“0.70 metres @ 28.94 g/t gold from 256.00 metres in drill hole JPRCD0026”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0029AJims Gold Mine · goldGrade: 1.62Grade Unit: g/tIntercept: 27 mView all detailsHide details
Identity
- Hole ID
- JPRCD0029A
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 1.62
- Grade Unit
- g/t
- Intercept
- 27 m
- From
- 521 m
- To
- 548 m
- Intercept Depth
- 521 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0029A:521-548
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept, while moderate in grade, is highly material due to its exceptional width, indicating significant bulk tonnage potential at depth.
Positive factors
- Moderate gold grade (1.62 g/t) over an exceptional width (27.0 m).
- Suggests significant bulk tonnage potential at depth.
Evidence · text
“27.00 metres @ 1.62 g/t gold from 521.00 metres in drill hole JPRCD0029A”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0030AJims Gold Mine · goldGrade: 3.5Grade Unit: g/tIntercept: 22.58 mView all detailsHide details
Identity
- Hole ID
- JPRCD0030A
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 3.5
- Grade Unit
- g/t
- Intercept
- 22.58 m
- From
- 533.69 m
- To
- 556.27 m
- Intercept Depth
- 533.69 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0030A:533.69-556.27
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept combines strong grade with significant width, strongly reinforcing the continuity and scale potential of the Jims mineralized system at depth.
Positive factors
- Strong gold grade (3.50 g/t) over a very significant width (22.58 m).
- Further strengthens confidence in the continuity and scale potential of the Jims mineralized system.
Evidence · text
“22.58 metres @ 3.50 g/t gold from 533.69 metres in drill hole JPRCD0030A”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0030AJims Gold Mine · goldGrade: 10.89Grade Unit: g/tIntercept: 5.11 mView all detailsHide details
Identity
- Hole ID
- JPRCD0030A
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 10.89
- Grade Unit
- g/t
- Intercept
- 5.11 m
- From
- 558.29 m
- To
- 563.4 m
- Intercept Depth
- 558.29 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0030A:558.29-563.4
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept confirms the presence of high-grade zones within the Jims mineralization, adding to the overall prospectivity.
Positive factors
- Bonanza gold grade (10.89 g/t) over a good width (5.11 m).
- Indicates high-grade zones within the broader mineralization.
Evidence · text
“5.11 metres @ 10.89 g/t gold from 558.29 metres in drill hole JPRCD0030A”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0031Jims Gold Mine · goldGrade: 4.86Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- JPRCD0031
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 4.86
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 268 m
- To
- 275 m
- Intercept Depth
- 268 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0031:268-275
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades, supporting the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (4.86 g/t) for the reported interval.
- Confirms continuity of mineralization at Jims.
Evidence · text
“7.00 metres @ 4.86 g/t gold from 268.00 metres in drill hole JPRCD0031”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0031Jims Gold Mine · goldGrade: 29.12Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- JPRCD0031
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 29.12
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 282 m
- To
- 286 m
- Intercept Depth
- 282 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0031:282-286
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept over a good width is highly material, confirming the presence of very high-grade gold mineralization at Jims.
Positive factors
- Bonanza gold grade (29.12 g/t) over a good width (4.0 m), indicating a very high-grade zone.
- One of the most significant intercepts reported, enhancing the project's prospectivity.
Evidence · text
“4.00 metres @ 29.12 g/t gold from 282.00 metres in drill hole JPRCD0031”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0032Jims Gold Mine · goldGrade: 16.58Grade Unit: g/tIntercept: 1.4 mView all detailsHide details
Identity
- Hole ID
- JPRCD0032
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 16.58
- Grade Unit
- g/t
- Intercept
- 1.4 m
- From
- 349 m
- To
- 350.4 m
- Intercept Depth
- 349 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0032:349-350.4
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of high-grade gold, though its narrow width suggests localized mineralization.
Positive factors
- Bonanza gold grade (16.58 g/t) indicates high-grade mineralization.
Negative factors
- Narrow intercept length (1.4 m) limits overall contained metal.
Evidence · text
“1.40 metres @ 16.58 g/t gold from 349.00 metres in drill hole JPRCD0032”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JPRCD0033Jims Gold Mine · goldGrade: 6.51Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- JPRCD0033
- Project
- Jims Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.51
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 294 m
- To
- 297 m
- Intercept Depth
- 294 m
Classification
- Sample Type
- drill
- Group ID
- JPRCD0033:294-297
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides strong gold grades, supporting the continuity of mineralization at Jims Gold Mine.
Positive factors
- Strong gold grade (6.51 g/t) for the reported interval.
- Confirms continuity of mineralization at Jims.
Evidence · text
“3.00 metres @ 6.51 g/t gold from 294.00 metres in drill hole JPRCD0033”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261003Groundrush Gold Mine · goldGrade: 20.02Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- GRRD261003
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 20.02
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 130 m
- To
- 132 m
- Intercept Depth
- 130 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261003:130-132
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept confirms very high-grade gold at Groundrush, improving confidence in the resource, despite its narrow width.
Positive factors
- Bonanza gold grade (20.02 g/t) indicates very high-grade mineralization.
- Contributes to improving confidence in the Mineral Resource ahead of future updates.
Negative factors
- Narrow intercept length (2.0 m) limits overall contained metal.
Evidence · text
“2.00 metres @ 20.02 g/t gold from 130.00 metres in drill hole GRRD261003”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261004Groundrush Gold Mine · goldGrade: 25.4Grade Unit: g/tIntercept: 0.72 mView all detailsHide details
Identity
- Hole ID
- GRRD261004
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 25.4
- Grade Unit
- g/t
- Intercept
- 0.72 m
- From
- 253.49 m
- To
- 254.21 m
- Intercept Depth
- 253.49 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261004:253.49-254.21
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of very high-grade gold, though its extremely narrow width suggests a localized high-grade vein.
Positive factors
- Bonanza gold grade (25.40 g/t) indicates very high-grade mineralization.
Negative factors
- Very narrow intercept length (0.72 m) limits overall contained metal.
Evidence · text
“0.72 metres @ 25.40 g/t gold from 253.49 metres in drill hole GRRD261004”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261008Groundrush Gold Mine · goldGrade: 3.75Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- GRRD261008
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 3.75
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 140 m
- To
- 144 m
- Intercept Depth
- 140 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261008:140-144
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides good gold grades, supporting the improvement of confidence in the Groundrush Mineral Resource.
Positive factors
- Strong gold grade (3.75 g/t) for the reported interval.
- Contributes to improving confidence in the Mineral Resource.
Evidence · text
“4.00 metres @ 3.75 g/t gold from 140.00 metres in drill hole GRRD261008”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261008Groundrush Gold Mine · goldGrade: 16.05Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- GRRD261008
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 16.05
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 227 m
- To
- 228 m
- Intercept Depth
- 227 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261008:227-228
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of high-grade gold, though its narrow width suggests localized mineralization.
Positive factors
- Bonanza gold grade (16.05 g/t) indicates high-grade mineralization.
Negative factors
- Narrow intercept length (1.0 m) limits overall contained metal.
Evidence · text
“1.00 metre @ 16.05 g/t gold from 227.00 metres in drill hole GRRD261008”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261012Groundrush Gold Mine · goldGrade: 6.25Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- GRRD261012
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.25
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 133 m
- To
- 137 m
- Intercept Depth
- 133 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261012:133-137
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides strong gold grades, supporting the improvement of confidence in the Groundrush Mineral Resource.
Positive factors
- Strong gold grade (6.25 g/t) for the reported interval.
- Contributes to improving confidence in the Mineral Resource.
Evidence · text
“4.00 metres @ 6.25 g/t gold from 133.00 metres in drill hole GRRD261012”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261013Groundrush Gold Mine · goldGrade: 6.91Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- GRRD261013
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 6.91
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 214 m
- To
- 217 m
- Intercept Depth
- 214 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261013:214-217
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides strong gold grades, supporting the improvement of confidence in the Groundrush Mineral Resource.
Positive factors
- Strong gold grade (6.91 g/t) for the reported interval.
- Contributes to improving confidence in the Mineral Resource.
Evidence · text
“3.00 metres @ 6.91 g/t gold from 214.00 metres in drill hole GRRD261013”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261014Groundrush Gold Mine · goldGrade: 29.3Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- GRRD261014
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 29.3
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 227.1 m
- To
- 228 m
- Intercept Depth
- 227.1 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261014:227.1-228
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This bonanza-grade intercept highlights the presence of very high-grade gold, though its extremely narrow width suggests a localized high-grade vein.
Positive factors
- Bonanza gold grade (29.30 g/t) indicates very high-grade mineralization.
Negative factors
- Very narrow intercept length (0.9 m) limits overall contained metal.
Evidence · text
“0.90 metres @ 29.30 g/t gold from 227.10 metres in drill hole GRRD261014”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261021Groundrush Gold Mine · goldGrade: 5.6Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- GRRD261021
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 5.6
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 80 m
- To
- 84 m
- Intercept Depth
- 80 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261021:80-84
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides exceptional gold grades, supporting the improvement of confidence in the Groundrush Mineral Resource.
Positive factors
- Exceptional gold grade (5.60 g/t) for the reported interval.
- Contributes to improving confidence in the Mineral Resource.
Evidence · text
“4.00 metres @ 5.60 g/t gold from 80.00 metres in drill hole GRRD261021”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GRRD261024Groundrush Gold Mine · goldGrade: 7.2Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- GRRD261024
- Project
- Groundrush Gold Mine
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 7.2
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 73 m
- To
- 77 m
- Intercept Depth
- 73 m
Classification
- Sample Type
- drill
- Group ID
- GRRD261024:73-77
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides exceptional gold grades, supporting the improvement of confidence in the Groundrush Mineral Resource.
Positive factors
- Exceptional gold grade (7.20 g/t) for the reported interval.
- Contributes to improving confidence in the Mineral Resource.
Evidence · text
“4.00 metres @ 7.20 g/t gold from 73.00 metres in drill hole GRRD261024”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
WDRC00031Western Dolerite Prospect · goldGrade: 1.75Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- WDRC00031
- Project
- Western Dolerite Prospect
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 1.75
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 297 m
- To
- 311.3 m
- Intercept Depth
- 297 m
Classification
- Sample Type
- drill
- Group ID
- WDRC00031:297-311.3
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides a moderate gold grade over a significant width, contributing to the understanding of the Western Dolerite Prospect's extensions.
Positive factors
- Moderate gold grade (1.75 g/t) over a significant width (14.3 m).
- Tests down-dip and northern strike extensions of the host sequence.
Evidence · text
“14.30 metres @ 1.75 g/t gold from 297.00 metres in drill hole WDRC00031”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 33Defa Prospect · goldGrade: 2.88Grade Unit: g/tIntercept: 12 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Defa Prospect
- Commodity
- gold
- Region
- australia
- Reported Region
- australia
- Ticker
- TAM
Geometry
- Grade
- 2.88
- Grade Unit
- g/t
- Intercept
- 12 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept provides a strong gold grade over a significant width, indicating promising mineralization at the Defa Prospect.
Positive factors
- Strong gold grade (2.88 g/t) over a significant width (12.0 m).
- Represents a significant intercept from the Defa Prospect.
Evidence · text
“12.00 metres @ 2.88 g/t gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (5)
measuredCentral Tanami Project · goldTonnes: 1300000Grade: 0.8Grade Unit: g/tContained Metal: 36Contained Unit: kozView all detailsHide details
Identity
- Project
- Central Tanami Project
- Commodity
- gold
- Ticker
- TAM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Graeme Thompson
- Resource group id
- resource:51ed53355fd92d4dc648
Resource Data
- Category
- measured
- Tonnes
- 1300000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 36
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-09-30
- Prior Tonnes
- 26270000
- Prior Grade
- 3.04
- Prior Contained Metal
- 2570
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The Measured resource, though a small portion of the total, represents the highest confidence category and contributes to the overall positive resource update.
Positive factors
- Highest confidence category, providing a strong foundation for future studies.
- Part of an overall resource increase, indicating project growth.
Evidence · table
“1.5”
Context: 11
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 1300000 against 26270000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.8 against 3.04 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 36 against 2570 previously
indicatedCentral Tanami Project · goldTonnes: 15000000Grade: 2.8Grade Unit: g/tContained Metal: 1400Contained Unit: kozView all detailsHide details
Identity
- Project
- Central Tanami Project
- Commodity
- gold
- Ticker
- TAM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Graeme Thompson
- Resource group id
- resource:76d76242f02be79f2296
Resource Data
- Category
- indicated
- Tonnes
- 15000000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 1400
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-09-30
- Prior Tonnes
- 26270000
- Prior Grade
- 3.04
- Prior Contained Metal
- 2570
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The Indicated resource forms a substantial part of the updated estimate, providing good confidence for project planning and contributing significantly to the overall contained metal growth.
Positive factors
- Significant portion of the resource in the Indicated category, supporting economic studies.
- Contributes to the overall increase in contained ounces.
Evidence · table
“2.5”
Context: 1,700
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 15000000 against 26270000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 2.8 against 3.04 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1400 against 2570 previously
inferredCentral Tanami Project · goldTonnes: 14000000Grade: 3.1Grade Unit: g/tContained Metal: 1400Contained Unit: kozView all detailsHide details
Identity
- Project
- Central Tanami Project
- Commodity
- gold
- Ticker
- TAM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Graeme Thompson
- Resource group id
- resource:ec4780990f82620f3e1f
Resource Data
- Category
- inferred
- Tonnes
- 14000000
- Grade
- 3.1
- Grade Unit
- g/t
- Contained Metal
- 1400
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-09-30
- Prior Tonnes
- 26270000
- Prior Grade
- 3.04
- Prior Contained Metal
- 2570
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The substantial Inferred resource indicates significant exploration potential, but its lower confidence category means further drilling is required to upgrade it for economic studies.
Positive factors
- Large Inferred resource base provides significant exploration upside and future growth potential.
Negative factors
- Inferred category has lower geological confidence and cannot support economic studies alone.
Evidence · table
“2.8”
Context: 1,900
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 14000000 against 26270000 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1400 against 2570 previously
Fact 4Central Tanami Project · goldTonnes: 31000000Grade: 2.8Grade Unit: g/tContained Metal: 2800Contained Unit: kozView all detailsHide details
Identity
- Project
- Central Tanami Project
- Commodity
- gold
- Ticker
- TAM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-30T00:00:00.000Z
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Graeme Thompson
- Resource group id
- resource:4e299a041b9070fd62ed
Resource Data
- Tonnes
- 31000000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 2800
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-09-30
- Prior Tonnes
- 26270000
- Prior Grade
- 3.04
- Prior Contained Metal
- 2570
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The total resource update shows substantial growth in both tonnes and contained gold, confirming the project's scale and potential, despite a slight decrease in overall grade.
Positive factors
- Overall 18% increase in tonnes and 9% increase in contained ounces, demonstrating significant project growth.
- Updated to 2012 JORC Code compliance, enhancing reporting credibility.
Negative factors
- Overall 8% decrease in average grade compared to the previous estimate.
Evidence · table
“2.6”
Context: 3,700
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: 31000000 against 26270000 previously
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 2.8 against 3.04 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 2800 against 2570 previously
Fact 5View all detailsHide details
Identity
- Ticker
- TAM
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The successful and fully underwritten rights issue provides substantial funding directly for the Central Tanami Project's development, including the critical Groundrush decline, demonstrating strong financial backing and clear development pathway.
Positive factors
- Fully underwritten, ensuring successful capital raise.
- Funds specifically allocated to project development and resource definition, directly supporting project advancement.
- Major shareholders participated, indicating strong internal support.
Evidence · text
“On 3 June 2026 the Company announced completion of a fully underwritten pro rata renounceable rights issue (Rights Issue) of 1 fully paid ordinary share (New Share) for every 1 share held at 7:00pm (AEST) on 13 May 2026 (Record Date) to Eligible Shareholders at an issue price of $0.06 per New Share to raise approximately $70.5 million (before costs).”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.