TAR: Annual Report to shareholders

Original announcement by asx on

Company
Taruga Minerals Limited
Ticker
TAR
Exchange
ASX
Region
Papua New Guinea
Primary commodity
Gold
Secondary commodities
Copper, Silver, Lead, Zinc
Document categories
Drill results, Agreement transaction, Capital raise
Extracted
2026-09-30 07:27:13 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Taruga Minerals Limited has reported a transformational year, securing options to acquire 100% of the East Normanby Gold Project and Kol Mountain Copper-Gold Project in Papua New Guinea. Initial rock chip sampling at Weioko returned grades up to 23.2 g/t gold, and at Gwamogwamo, up to 12.4 g/t gold and 4.8% copper. The company also completed a A$1.5 million placement and secured key exploration licenses, paving the way for maiden drilling at Weioko. Subsequent to year-end, the company announced positive metallurgical testwork results for Weioko.

Reasoning: Taruga Minerals has undergone a transformational year, acquiring options over two highly prospective gold and copper projects in Papua New Guinea. Initial field work and rock chip sampling have yielded high-grade results, supporting the potential of these projects. A successful capital raise and key permitting milestones position the company for significant exploration in the coming year, despite the early-stage nature and reliance on historical data.

Positive factors

  • Acquisition of two highly prospective projects in a world-class mining region (PNG)
  • Initial rock chip sampling returned high-grade gold and copper results, confirming prospectivity
  • Successful capital raise to fund exploration activities
  • Granting of key exploration licenses enabling drilling at Weioko
  • Strong community engagement and MOU in place at Kol Mountain

Negative factors

  • Many reported results are historical and not JORC compliant or verified by the company
  • Projects are still under option, with exercise decisions pending based on future exploration results
  • Early-stage exploration with significant inferred resources and no defined JORC Mineral Resources yet

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

Facts used in scoring: 58

Classification and evidence

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The document highlights the projects' location within PNG, which hosts several of the world’s largest gold and copper deposits, and mentions sustained interest from major mining companies as an indicator of scale.

Evidence · text

“PNG hosts several of the world’s largest gold and copper deposits, including Porgera, Lihir, Ok Tedi and Wafi‑Golpu. ... Sustained interest from major mining companies is a strong independent indicator of the scale of the system”

QP/CP Signedpositive · Story-specific tag

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

Why it applies: The report includes a Competent Person's statement signed by Mr Brent Laws, who is a Member of The Australasian Institute of Mining and Metallurgy.

Evidence · text

“The information in this report that relates to exploration results is based on, and fairly represents information and supporting documentation prepared by Mr Brent Laws, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy.”

Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

Drill Results (58)

Fact 1East Normanby Gold Project · goldGrade: 23.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
23.2
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample returned an exceptionally high gold grade, confirming the presence of a high-grade epithermal gold system at surface within the Weioko Gold District.

Positive factors

  • High-grade gold result from surface sampling
  • Confirms presence of high-grade epithermal system

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1003 Weioko 23.2 10.2”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 23.2 g/t is exceptionally high for a surface sample.

Evidence · text

“W1003 Weioko 23.2 10.2”
Fact 2East Normanby Gold Project · silverGrade: 10.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
silver
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
10.2
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows a notable silver credit associated with the high-grade gold, typical of epithermal systems.

Positive factors

  • Silver credit alongside high-grade gold

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1003 Weioko 23.2 10.2”

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 3East Normanby Gold Project · goldGrade: 13.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
13.1
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Another strong gold grade from rock chip sampling at Weioko, reinforcing the prospectivity of the area.

Positive factors

  • High-grade gold result from surface sampling
  • Supports interpreted gold trend

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1001 Weioko 13.1 4.0”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 13.1 g/t is very high for a surface sample.

Evidence · text

“W1001 Weioko 13.1 4.0”
Fact 4East Normanby Gold Project · silverGrade: 4Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
silver
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
4
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A moderate silver grade associated with gold in a rock chip sample from Weioko.

Positive factors

  • Silver credit alongside high-grade gold

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1001 Weioko 13.1 4.0”

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 5East Normanby Gold Project · goldGrade: 10Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
10
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Another high-grade gold rock chip sample from Weioko, further validating the prospectivity.

Positive factors

  • High-grade gold result from surface sampling
  • Supports interpreted gold trend

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1005 Weioko 10.0 12.3”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 10.0 g/t is very high for a surface sample.

Evidence · text

“W1005 Weioko 10.0 12.3”
Fact 6East Normanby Gold Project · silverGrade: 12.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
silver
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
12.3
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A notable silver grade associated with gold in a rock chip sample from Weioko.

Positive factors

  • Silver credit alongside high-grade gold

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1005 Weioko 10.0 12.3”

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 7East Normanby Gold Project · goldGrade: 5.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
5.4
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 grade from rock chip sampling at Weioko, indicating consistent mineralization.

Positive factors

  • Strong gold result from surface sampling

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1007 Weioko 5.4 9.9”

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 8East Normanby Gold Project · silverGrade: 9.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
silver
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
9.9
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A notable silver grade associated with gold in a rock chip sample from Weioko.

Positive factors

  • Silver credit alongside gold

Negative factors

  • Selective surface sample, not representative of overall deposit grade

Evidence · text

“W1007 Weioko 5.4 9.9”

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 9East Normanby Gold Project · goldGrade: 1.17Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
1.17
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample confirms gold mineralization, though at a lower grade than other samples from Weioko.

Positive factors

  • Confirms gold presence

Negative factors

  • Lower grade compared to other samples
  • Selective surface sample

Evidence · text

“W1002 Weioko 1.17 —”

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 10East Normanby Gold Project · goldGrade: 0.82Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
0.82
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample confirms gold mineralization, though at a lower grade than other samples from Weioko.

Positive factors

  • Confirms gold presence

Negative factors

  • Lower grade compared to other samples
  • Selective surface sample

Evidence · text

“W1004 Weioko 0.82 —”

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 11East Normanby Gold Project · goldGrade: 2.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
2.4
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Wenasia
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A solid gold grade from rock chip sampling at Wenasia, extending the interpreted gold trend.

Positive factors

  • Confirms gold presence at Wenasia
  • Supports interpreted gold trend

Negative factors

  • Selective surface sample

Evidence · text

“W1006 Wenasia 2.4 82”

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 12East Normanby Gold Project · silverGrade: 82Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
silver
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
82
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Wenasia
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 silver result from Wenasia, indicating significant silver credits in the epithermal system.

Positive factors

  • High-grade silver credit alongside gold
  • Confirms polymetallic nature

Negative factors

  • Selective surface sample

Evidence · text

“W1006 Wenasia 2.4 82”

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 13East Normanby Gold Project · goldGrade: 12.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
12.4
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 rock chip sample from Gwamogwamo, supporting the presence of a gold-copper corridor.

Positive factors

  • High-grade gold result from rock chip sampling
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“12.4 g/t Au with 0.25% Cu (sample 705343)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 12.4 g/t is very high for a surface sample.

Evidence · text

“12.4 g/t Au with 0.25% Cu (sample 705343)”
Fact 14East Normanby Gold Project · copperGrade: 0.25Grade Unit: %View all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
copper
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
0.25
Grade Unit
%

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A notable copper credit associated with high-grade gold in a rock chip sample from Gwamogwamo.

Positive factors

  • Copper credit alongside high-grade gold
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“12.4 g/t Au with 0.25% Cu (sample 705343)”

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 15East Normanby Gold Project · copperGrade: 4.8Grade Unit: %View all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
copper
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
4.8
Grade Unit
%

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 copper rock chip sample from Gwamogwamo, strongly indicating significant copper mineralization.

Positive factors

  • Very high-grade copper result from rock chip sampling
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“4.8% Cu (sample 705358)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The copper grade of 4.8% is exceptionally high for a surface sample.

Evidence · text

“4.8% Cu (sample 705358)”
Fact 16East Normanby Gold Project · goldGrade: 3.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
3.7
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 grade from rock chip sampling at Gwamogwamo, further supporting the gold-copper corridor.

Positive factors

  • Strong gold result from rock chip sampling
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“3.7 g/t Au (sample 705341)”

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 17East Normanby Gold Project · goldGrade: 1.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
1.4
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A solid gold grade from rock chip sampling at Gwamogwamo, indicating consistent mineralization.

Positive factors

  • Solid gold result from rock chip sampling
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“1.4 g/t Au with 1.7% Cu (sample 705336)”

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 18East Normanby Gold Project · copperGrade: 1.7Grade Unit: %View all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
copper
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
1.7
Grade Unit
%

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 credit associated with gold in a rock chip sample from Gwamogwamo.

Positive factors

  • High-grade copper credit alongside gold
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“1.4 g/t Au with 1.7% Cu (sample 705336)”

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 19East Normanby Gold Project · goldGrade: 2Grade Unit: g/tView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
2
Grade Unit
g/t

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A solid gold grade from rock chip sampling at Gwamogwamo, indicating consistent mineralization.

Positive factors

  • Solid gold result from rock chip sampling
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“2.0 g/t Au with 0.5% Cu (sample 705364)”

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 20East Normanby Gold Project · copperGrade: 0.5Grade Unit: %View all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
copper
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
0.5
Grade Unit
%

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
surface
Mining Method
underground

Location

Location
Gwamogwamo
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
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 credit associated with gold in a rock chip sample from Gwamogwamo.

Positive factors

  • Strong copper credit alongside gold
  • Confirms gold-copper corridor

Negative factors

  • Selective surface sample

Evidence · text

“2.0 g/t Au with 0.5% Cu (sample 705364)”

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 21Uaroo Ridge · goldGrade: 0.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Uaroo Ridge
Commodity
gold
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
0.5
Grade Unit
g/t

Classification

Program
exploration
Sample Type
surface

Location

Location
Uaroo Ridge
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows consistent gold anomalism at the newly identified Uaroo Ridge prospect.

Positive factors

  • Consistent gold anomalism in rock chip samples
  • Identified previously undocumented prospect

Negative factors

  • Selective surface sample
  • Early-stage reconnaissance

Evidence · text

“0.5 g/t Au with 0.4% Cu (UARK001)”

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 22Uaroo Ridge · copperGrade: 0.4Grade Unit: %View all details
Link to this fact

Identity

Project
Uaroo Ridge
Commodity
copper
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
0.4
Grade Unit
%

Classification

Program
exploration
Sample Type
surface

Location

Location
Uaroo Ridge
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows consistent copper anomalism at the newly identified Uaroo Ridge prospect.

Positive factors

  • Consistent copper anomalism in rock chip samples
  • Identified previously undocumented prospect

Negative factors

  • Selective surface sample
  • Early-stage reconnaissance

Evidence · text

“0.5 g/t Au with 0.4% Cu (UARK001)”

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 23Uaroo Ridge · goldGrade: 0.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Uaroo Ridge
Commodity
gold
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
0.1
Grade Unit
g/t

Classification

Program
exploration
Sample Type
surface

Location

Location
Uaroo Ridge
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample confirms gold anomalism at Uaroo Ridge, though at a lower grade.

Positive factors

  • Confirms gold anomalism

Negative factors

  • Lower grade
  • Selective surface sample
  • Early-stage reconnaissance

Evidence · text

“0.1 g/t Au with 1.0% Cu (UARK021)”

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 24Uaroo Ridge · copperGrade: 1Grade Unit: %View all details
Link to this fact

Identity

Project
Uaroo Ridge
Commodity
copper
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
1
Grade Unit
%

Classification

Program
exploration
Sample Type
surface

Location

Location
Uaroo Ridge
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows strong copper anomalism at the newly identified Uaroo Ridge prospect.

Positive factors

  • Strong copper anomalism in rock chip samples
  • Identified previously undocumented prospect

Negative factors

  • Selective surface sample
  • Early-stage reconnaissance

Evidence · text

“0.1 g/t Au with 1.0% Cu (UARK021)”

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 25Thowagee Project · leadGrade: 2.38Grade Unit: %View all details
Link to this fact

Identity

Project
Thowagee Project
Commodity
lead
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
2.38
Grade Unit
%

Classification

Program
exploration
Sample Type
surface

Location

Location
Thowagee
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows lead anomalism coincident with geophysical anomalies at Thowagee.

Positive factors

  • Lead anomalism in rock chip samples
  • Coincident with geophysical anomalies

Negative factors

  • Selective surface sample

Evidence · text

“2.38% Pb and 0.5 g/t Au (THRK080)”

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 26Thowagee Project · goldGrade: 0.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Thowagee Project
Commodity
gold
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
0.5
Grade Unit
g/t

Classification

Program
exploration
Sample Type
surface

Location

Location
Thowagee
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows gold anomalism coincident with geophysical anomalies at Thowagee.

Positive factors

  • Gold anomalism in rock chip samples
  • Coincident with geophysical anomalies

Negative factors

  • Selective surface sample

Evidence · text

“2.38% Pb and 0.5 g/t Au (THRK080)”

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 27Thowagee Project · zincGrade: 0.84Grade Unit: %View all details
Link to this fact

Identity

Project
Thowagee Project
Commodity
zinc
Region
gascoyne, wa
Reported Region
Gascoyne, WA
Ticker
TAR

Geometry

Grade
0.84
Grade Unit
%

Classification

Program
exploration
Sample Type
surface

Location

Location
Thowagee
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This rock chip sample shows zinc anomalism coincident with geophysical anomalies at Thowagee.

Positive factors

  • Zinc anomalism in rock chip samples
  • Coincident with geophysical anomalies

Negative factors

  • Selective surface sample

Evidence · text

“0.84% Zn (THRK065)”

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 28East Normanby Gold Project · goldGrade: 2.4Grade Unit: g/tIntercept: 108 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
108 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical trench result indicates significant gold mineralization over a substantial width, providing context for current exploration efforts.

Positive factors

  • Historical high-grade trench intercept
  • Demonstrates presence of significant mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“108m @ 2.4g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“108m @ 2.4g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 29East Normanby Gold Project · goldGrade: 4.9Grade Unit: g/tIntercept: 28 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
4.9
Grade Unit
g/t
Intercept
28 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a higher-grade zone within the broader trench intercept, indicating localized high-grade mineralization.

Positive factors

  • Historical high-grade sub-interval within a broader historical intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“28m @ 4.9g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“28m @ 4.9g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 30East Normanby Gold Project · goldGrade: 21.9Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
21.9
Grade Unit
g/t
Intercept
4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a very high-grade zone within the broader trench intercept, highlighting bonanza-grade potential.

Positive factors

  • Very high-grade sub-interval within a broader historical intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“4m @ 21.9g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 21.9 g/t is exceptionally high for a trench sample.

Evidence · text

“4m @ 21.9g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“4m @ 21.9g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 31East Normanby Gold Project · goldGrade: 5.9Grade Unit: g/tIntercept: 68 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
5.9
Grade Unit
g/t
Intercept
68 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical trench result indicates significant gold mineralization over a substantial width, providing context for current exploration efforts.

Positive factors

  • Historical high-grade trench intercept
  • Demonstrates presence of significant mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“68m @ 5.9g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“68m @ 5.9g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 32East Normanby Gold Project · goldGrade: 58.9Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
58.9
Grade Unit
g/t
Intercept
4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows an exceptionally high-grade zone within the broader trench intercept, indicating bonanza-grade potential.

Positive factors

  • Exceptionally high-grade sub-interval within a broader historical intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“4m @ 58.9g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 58.9 g/t is exceptionally high for a trench sample.

Evidence · text

“4m @ 58.9g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“4m @ 58.9g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 33East Normanby Gold Project · goldGrade: 8.7Grade Unit: g/tIntercept: 44 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Commodity
gold
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Geometry

Grade
8.7
Grade Unit
g/t
Intercept
44 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a high-grade zone within the broader trench intercept, indicating significant mineralization.

Positive factors

  • High-grade sub-interval within a broader historical intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“44m @ 8.7g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“44m @ 8.7g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED047East Normanby · goldGrade: 2.2Grade Unit: g/tIntercept: 64.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED047
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
64.6 m
From
0 m
To
64.6 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PWED047:0-64.6
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad gold mineralization from surface, with the hole ending in mineralization, suggesting potential for depth extension.

Positive factors

  • Historical broad intercept from surface
  • Hole finished in mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“64.6m @ 2.2g/t Au from surface”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“64.6m @ 2.2g/t Au from surface”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED047East Normanby · goldGrade: 33.9Grade Unit: g/tIntercept: 2.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED047
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
33.9
Grade Unit
g/t
Intercept
2.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a very high-grade zone within the broader drill intercept, indicating bonanza-grade potential.

Positive factors

  • Historical very high-grade sub-interval

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“2.9m @ 33.9g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 33.9 g/t is exceptionally high for a drill intercept.

Evidence · text

“2.9m @ 33.9g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“2.9m @ 33.9g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED035East Normanby · goldGrade: 2.7Grade Unit: g/tIntercept: 36 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED035
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
36 m
From
0 m
To
36 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PWED035:0-36
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad gold mineralization from surface, with the hole ending in mineralization, suggesting potential for depth extension.

Positive factors

  • Historical broad intercept from surface
  • Hole finished in mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“36m @ 2.7g/t Au from surface”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“36m @ 2.7g/t Au from surface”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED035East Normanby · goldGrade: 3.6Grade Unit: g/tIntercept: 18 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED035
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a higher-grade zone within the broader drill intercept, indicating significant mineralization.

Positive factors

  • Historical high-grade sub-interval

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“18m @ 3.6g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“18m @ 3.6g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED041East Normanby · goldGrade: 2Grade Unit: g/tIntercept: 51.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED041
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
2
Grade Unit
g/t
Intercept
51.4 m
From
0 m
To
51.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PWED041:0-51.4
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad gold mineralization from surface, with the hole ending in mineralization, suggesting potential for depth extension.

Positive factors

  • Historical broad intercept from surface
  • Hole finished in mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“51.4m @ 2.0g/t Au from surface”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“51.4m @ 2.0g/t Au from surface”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED041East Normanby · goldGrade: 16.3Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED041
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
16.3
Grade Unit
g/t
Intercept
3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a very high-grade zone within the broader drill intercept, indicating bonanza-grade potential.

Positive factors

  • Historical very high-grade sub-interval

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“3m @ 16.3g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 16.3 g/t is exceptionally high for a drill intercept.

Evidence · text

“3m @ 16.3g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“3m @ 16.3g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
WEH031East Normanby · goldGrade: 1.5Grade Unit: g/tIntercept: 63.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
WEH031
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
63.8 m
From
1 m
To
64.8 m
Intercept Depth
1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
WEH031:1-64.8
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad gold mineralization, with the hole ending in low-grade mineralization.

Positive factors

  • Historical broad intercept
  • Hole finished in low-grade mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“63.8m @ 1.5g/t Au from 1m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“63.8m @ 1.5g/t Au from 1m”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
PWED043East Normanby · goldGrade: 1.3Grade Unit: g/tIntercept: 59.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PWED043
Project
East Normanby
Commodity
gold
Region
milne bay province, png
Reported Region
milne bay province, png
Ticker
TAR

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
59.3 m
From
0 m
To
59.3 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PWED043:0-59.3
Mining Method
underground

Location

Location
Weioko
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad gold mineralization from surface, with the hole ending in low-grade mineralization.

Positive factors

  • Historical broad intercept from surface
  • Hole finished in low-grade mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“59.3m @ 1.3g/t Au from surface”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“59.3m @ 1.3g/t Au from surface”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2009, re-released in this report.

Evidence · text

“Historical exploration between 1987 and 2009 comprised 67 drill holes for 5,792 m, together with extensive trenching. Significant historical results include”
Fact 42Kol Mountain · copperGrade: 0.38Grade Unit: %Intercept: 222 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Kol Mountain
Commodity
copper
Region
east new britain province, png
Reported Region
east new britain province, png
Ticker
TAR

Geometry

Grade
0.38
Grade Unit
%
Intercept
222 m
From
3 m
To
225 m
Intercept Depth
3 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
Kol_Mountain:3-225
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad, consistent copper mineralization typical of a large porphyry system.

Positive factors

  • Historical broad porphyry-style intercept
  • Indicates large-scale system

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“222 m @ 0.38% Cu from 3 m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“222 m @ 0.38% Cu from 3 m”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 43Kol Mountain · copperGrade: 0.3Grade Unit: %Intercept: 184 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Kol Mountain
Commodity
copper
Region
east new britain province, png
Reported Region
east new britain province, png
Ticker
TAR

Geometry

Grade
0.3
Grade Unit
%
Intercept
184 m
From
2 m
To
186 m
Intercept Depth
2 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
Kol_Mountain:2-186
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept shows broad, consistent copper mineralization typical of a large porphyry system.

Positive factors

  • Historical broad porphyry-style intercept
  • Indicates large-scale system

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“184 m @ 0.3% Cu from 2 m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“184 m @ 0.3% Cu from 2 m”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 44Kol Mountain · copperGrade: 0.57Grade Unit: %Intercept: 16 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Kol Mountain
Commodity
copper
Region
east new britain province, png
Reported Region
east new britain province, png
Ticker
TAR

Geometry

Grade
0.57
Grade Unit
%
Intercept
16 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical drill intercept highlights a high-grade supergene enrichment zone, indicating potential for near-surface higher grades.

Positive factors

  • Historical high-grade supergene enrichment zone

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“16 m @ 0.57% Cu identified”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a downhole length, not a true width.

Evidence · text

“16 m @ 0.57% Cu identified”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 45Kol Mountain Copper-Gold Project · goldGrade: 63.5Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
63.5
Grade Unit
g/t

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
surface
Mining Method
open_pit

Location

Location
Agadul Shear
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical surface sample shows exceptionally high-grade gold, highlighting the bonanza-grade potential of the Agadul Shear.

Positive factors

  • Historical exceptionally high-grade gold from surface sampling
  • Indicates high-grade potential within the shear system

Negative factors

  • Historical data, not JORC compliant or verified
  • Selective surface sample

Evidence · text

“up to 63.5 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 63.5 g/t is exceptionally high for a surface sample.

Evidence · text

“up to 63.5 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 46Kol Mountain Copper-Gold Project · goldGrade: 1.5Grade Unit: g/tIntercept: 60 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
60 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Agadul Shear
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical trench result shows broad gold mineralization over a significant width in the Agadul Shear.

Positive factors

  • Historical broad trench intercept
  • Indicates significant gold mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“60 m @ 1.5 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“60 m @ 1.5 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 47Kol Mountain Copper-Gold Project · goldGrade: 21.3Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
21.3
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Agadul Shear
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a very high-grade zone within the broader trench intercept, indicating bonanza-grade potential.

Positive factors

  • Historical very high-grade sub-interval within a broader trench intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“2 m @ 21.3 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 21.3 g/t is exceptionally high for a trench sample.

Evidence · text

“2 m @ 21.3 g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“2 m @ 21.3 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 48Kol Mountain Copper-Gold Project · goldGrade: 3.2Grade Unit: g/tIntercept: 55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
55 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Kapea Shear South
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical trench result shows broad gold mineralization over a significant width in the Kapea Shear South.

Positive factors

  • Historical broad trench intercept
  • Indicates significant gold mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“55 m @ 3.2 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“55 m @ 3.2 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 49Kol Mountain Copper-Gold Project · goldGrade: 13.1Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
13.1
Grade Unit
g/t
Intercept
5 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Kapea Shear South
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a very high-grade zone within the broader trench intercept, indicating bonanza-grade potential.

Positive factors

  • Historical very high-grade sub-interval within a broader trench intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“5 m @ 13.1 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The gold grade of 13.1 g/t is very high for a trench sample.

Evidence · text

“5 m @ 13.1 g/t Au”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“5 m @ 13.1 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 50Kol Mountain Copper-Gold Project · goldGrade: 2.9Grade Unit: g/tIntercept: 33.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
33.6 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Kapea Shear North
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical trench result shows broad gold mineralization over a significant width in the Kapea Shear North.

Positive factors

  • Historical broad trench intercept
  • Indicates significant gold mineralization

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“33.6 m @ 2.9 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“33.6 m @ 2.9 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 51Kol Mountain Copper-Gold Project · goldGrade: 8.3Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Commodity
gold
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Geometry

Grade
8.3
Grade Unit
g/t
Intercept
8 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
channel
Mining Method
open_pit

Location

Location
Kapea Shear North
Loc. Source
document

QA/QC

QA/QC Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2013-12-31T00:00:00.000Z

Dates

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

Reasoning: This historical sub-interval shows a higher-grade zone within the broader trench intercept, indicating significant mineralization.

Positive factors

  • Historical high-grade sub-interval within a broader trench intercept

Negative factors

  • Historical data, not JORC compliant or verified
  • Apparent width only

Evidence · text

“8 m @ 8.3 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The interval is given as a trench length, not a true width.

Evidence · text

“8 m @ 8.3 g/t Au”

Stale Data Re-releaseRejected · negative

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

Reason: This is a historical result from exploration between 1987 and 2013, re-released in this report.

Evidence · text

“explored historically by BHP, CRA (now Rio Tinto), Ok Tedi Mining and Frontier Resources, who between 1987 and 2013 completed 37 drill holes for 8,620 m.”
Fact 52East Normanby Gold ProjectView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Region
png
Reported Region
Papua New Guinea
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The company secured a 12-month option to acquire 100% of the East Normanby Gold Project, a significant strategic move into a world-class gold province.

Positive factors

  • Secured 100% option over a highly prospective gold project
  • Capital-efficient acquisition structure

Negative factors

  • Option, not outright acquisition, requires future exercise decision

Evidence · text

“secured an option to acquire 100% of two projects in Papua New Guinea, the East Normanby Gold Project”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 53Kol Mountain Copper-Gold ProjectView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Region
png
Reported Region
Papua New Guinea
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The company secured a 12-month option to acquire 100% of the Kol Mountain Copper-Gold Project, a significant strategic move into a world-class copper-gold province.

Positive factors

  • Secured 100% option over a highly prospective copper-gold project
  • Capital-efficient acquisition structure

Negative factors

  • Option, not outright acquisition, requires future exercise decision

Evidence · text

“secured an option to acquire 100% of two projects in Papua New Guinea, ... the Kol Mountain Copper Gold Project”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 54Kol Mountain Copper-Gold ProjectView all details
Link to this fact

Identity

Project
Kol Mountain Copper-Gold Project
Region
east new britain province, png
Reported Region
East New Britain Province, PNG
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The execution of an MOU with the Makolkol Land Group is a critical de-risking milestone, ensuring community support and access for exploration activities at Kol Mountain.

Positive factors

  • Establishes community framework for exploration access
  • De-risks project advancement
  • Demonstrates strong community backing

Evidence · text

“signed a Memorandum of Understanding with the Makolkol Land Group Incorporated”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 55View all details
Link to this fact

Identity

Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: A A$1.5 million placement at $0.01 per share successfully funded the company's new PNG acquisitions and initial exploration, demonstrating investor confidence.

Positive factors

  • Successfully funded new project acquisitions and exploration
  • Strong director participation in the placement

Evidence · text

“A$1.5 million placement at one cent per share”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 56East Normanby Gold ProjectView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The granting of EL2830 is a crucial permitting milestone, securing tenure over 361 km² of the East Normanby Gold Project and enabling future drilling activities.

Positive factors

  • Secures tenure over a significant portion of the project
  • Clears path for maiden drilling program

Evidence · text

“On 22 June 2026 exploration licences EL2830 and EL2831 were granted on Normanby Island, giving us tenure over the Weioko deposit and the ability to permit drilling. ... EL2830 covers 361 km²”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 57East Normanby Gold ProjectView all details
Link to this fact

Identity

Project
East Normanby Gold Project
Region
milne bay province, png
Reported Region
Milne Bay Province, PNG
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The granting of EL2831 is a crucial permitting milestone, securing tenure over 24 km² of the East Normanby Gold Project and enabling future drilling activities, also triggering performance rights.

Positive factors

  • Secures tenure over a significant portion of the project
  • Clears path for maiden drilling program
  • Triggered vesting of vendor performance rights

Evidence · text

“On 22 June 2026 exploration licences EL2830 and EL2831 were granted on Normanby Island, giving us tenure over the Weioko deposit and the ability to permit drilling. ... EL2831 covers 24 km²”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 58Yagahong North ProjectView all details
Link to this fact

Identity

Project
Yagahong North Project
Region
australia_wa
Reported Region
Western Australia
Ticker
TAR

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The Yagahong North Project is subject to a farm-in agreement, indicating ongoing exploration by a partner.

Positive factors

  • Farm-in agreement provides funding and expertise for exploration

Evidence · text

“The Yagahong North Project is currently subject to a farm-in agreement with Lion Rock Minerals Ltd.”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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.