# TAS: Annual Report to shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tas-annual-report-to-shareholders--55fe03b9-6a0a-4f5c-9b85-4dda5114c52a

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146811

Publisher: asx

Original announcement: 2026-09-30T09:05:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T10:13:44.130Z

Atlas analysis updated: 2026-09-30T10:13:44.130Z

- Company: Tasman Resources Ltd

- Ticker: TAS

- Exchange: ASX

- Region: South Australia

- Primary commodity: Gold

- Secondary commodities: Copper, Silver, Lead, Zinc

- Document categories: Drill results, Agreement transaction, Other

- Extracted: 2026-09-30 10:13:44 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Tasman Resources Ltd's annual report details its exploration activities in South Australia, focusing on the Lake Torrens IOCG Project \(a 49% JV with Fortescue\) and the 100%-owned Parkinson Dam Project. The company is well-funded with over $5 million in cash, enabling planned drilling programs at both projects, including up to twenty holes at Parkinson Dam. While drilling has faced delays, the company is targeting commencement in late 2026 or early 2027, building on historical high-grade gold and silver intercepts at Parkinson Dam.

Reasoning: The annual report highlights a strong financial position and significant planned exploration activities, which are positive. However, drilling delays and the re-reporting of very old drill results temper the overall novelty and immediate impact.

- Positive factor: Company is well-funded with over $5 million in cash for exploration.

- Positive factor: Significant planned drilling programs at both Lake Torrens and Parkinson Dam projects.

- Positive factor: Historical high-grade gold and silver intercepts at Parkinson Dam provide strong exploration targets.

- Negative factor: Drilling programs have experienced delays due to weather and rig availability.

- Negative factor: Some reported drill results are historical \(from 2007\) and not new information.

Facts used in scoring: 7

## Classification and evidence

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The document re-reports high-grade gold and silver intercepts from 2007 ASX announcements, which are historical and not new assay results.

Evidence · text

> Historic drilling at the PD63 prospect confirmed high-grade gold and silver mineralisation, including intercepts of 21 metres at 21 g/t Au and 83 g/t Ag, including 9 metres at 31 g/t Au and 152 g/t Ag, as previously reported in the Company's ASX announcements dated 14 and 19 June 2007.

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/tas-annual-report-to-shareholders--55fe03b9-6a0a-4f5c-9b85-4dda5114c52a#fact-drill-facts-1)

Parkinson Dam · gold

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Parkinson Dam
- Commodity: gold
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: TAS

#### Geometry

- Grade: 21
- Grade Unit: g/t
- Intercept: 21 m

#### Classification

- Sample Type: drill

#### Location

- Location: PD63
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-06-14T00:00:00.000Z

#### Dates

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

Reasoning: Historical high-grade gold results from the 100%-owned Parkinson Dam project are positive for future exploration, but the data is old and lacks novelty in this report.

- Positive factor: High-grade gold intercept indicates significant mineralization potential.

- Negative factor: Results are historical \(from 2007\) and not new information from this report.

- Negative factor: No specific hole ID is provided for the intercept, only the prospect name.

Evidence · text

> Historic drilling at the PD63 prospect confirmed high-grade gold and silver mineralisation, including intercepts of 21 metres at 21 g/t Au and 83 g/t Ag, including 9 metres at 31 g/t Au and 152 g/t Ag, as previously reported in the Company's ASX announcements dated 14 and 19 June 2007.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/tas-annual-report-to-shareholders--55fe03b9-6a0a-4f5c-9b85-4dda5114c52a#fact-drill-facts-2)

Parkinson Dam · silver

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Parkinson Dam
- Commodity: silver
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: TAS

#### Geometry

- Grade: 83
- Grade Unit: g/t
- Intercept: 21 m

#### Classification

- Sample Type: drill

#### Location

- Location: PD63
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-06-14T00:00:00.000Z

#### Dates

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

Reasoning: Historical high-grade silver results from the 100%-owned Parkinson Dam project are positive for future exploration, but the data is old and lacks novelty in this report.

- Positive factor: High-grade silver intercept complements gold mineralization, enhancing prospectivity.

- Negative factor: Results are historical \(from 2007\) and not new information from this report.

- Negative factor: No specific hole ID is provided for the intercept, only the prospect name.

Evidence · text

> Historic drilling at the PD63 prospect confirmed high-grade gold and silver mineralisation, including intercepts of 21 metres at 21 g/t Au and 83 g/t Ag, including 9 metres at 31 g/t Au and 152 g/t Ag, as previously reported in the Company's ASX announcements dated 14 and 19 June 2007.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/tas-annual-report-to-shareholders--55fe03b9-6a0a-4f5c-9b85-4dda5114c52a#fact-drill-facts-3)

Parkinson Dam · gold

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Parkinson Dam
- Commodity: gold
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: TAS

#### Geometry

- Grade: 31
- Grade Unit: g/t
- Intercept: 9 m

#### Classification

- Sample Type: drill

#### Location

- Location: PD63
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-06-14T00:00:00.000Z

#### Dates

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

Reasoning: The historical high-grade gold sub-interval at PD63 is a very strong indicator of mineralization, but its age reduces its novelty for this report.

- Positive factor: Very high-grade gold sub-interval further highlights the prospectivity of the PD63 area.

- Negative factor: Results are historical \(from 2007\) and not new information from this report.

- Negative factor: No specific hole ID is provided for the intercept, only the prospect name.

Evidence · text

> Historic drilling at the PD63 prospect confirmed high-grade gold and silver mineralisation, including intercepts of 21 metres at 21 g/t Au and 83 g/t Ag, including 9 metres at 31 g/t Au and 152 g/t Ag, as previously reported in the Company's ASX announcements dated 14 and 19 June 2007.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/tas-annual-report-to-shareholders--55fe03b9-6a0a-4f5c-9b85-4dda5114c52a#fact-drill-facts-4)

Parkinson Dam · silver

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Parkinson Dam
- Commodity: silver
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: TAS

#### Geometry

- Grade: 152
- Grade Unit: g/t
- Intercept: 9 m

#### Classification

- Sample Type: drill

#### Location

- Location: PD63
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-06-14T00:00:00.000Z

#### Dates

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

Reasoning: The historical high-grade silver sub-interval at PD63 is a very strong indicator of mineralization, but its age reduces its novelty for this report.

- Positive factor: Very high-grade silver sub-interval further highlights the prospectivity of the PD63 area.

- Negative factor: Results are historical \(from 2007\) and not new information from this report.

- Negative factor: No specific hole ID is provided for the intercept, only the prospect name.

Evidence · text

> Historic drilling at the PD63 prospect confirmed high-grade gold and silver mineralisation, including intercepts of 21 metres at 21 g/t Au and 83 g/t Ag, including 9 metres at 31 g/t Au and 152 g/t Ag, as previously reported in the Company's ASX announcements dated 14 and 19 June 2007.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

## 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.
