# TM1: Major Intercepts & Access Cleared for Resource Drilling Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146935 Publisher: asx Original announcement: 2026-09-30T22:19:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T23:21:52.609Z Atlas analysis updated: 2026-09-30T23:21:52.609Z - Company: Terra Metals Limited - Ticker: TM1 - Exchange: ASX - Region: Western Australia - Primary commodity: Platinum - Secondary commodities: Copper, Nickel, Gold, Palladium, Cobalt, 3e - Document categories: Drill results, Resource update, Metallurgy - Extracted: 2026-09-30 23:21:53 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Terra Metals has announced further significant drill intercepts from its Southwest PGM-Cu-Ni discovery, confirming the largest continuous high-grade reef to date and extending the strike length to 1,350m. The results include exceptional copper grades up to 3.23% and strong 3E \(Pt+Pd+Au\) grades up to 6.54 g/t over broad intervals. Heritage approvals have been secured for resource-definition drilling, and first-pass drilling at new prospects has intersected sulfides, indicating further growth potential. A maiden Mineral Resource Estimate is on track for Q1 CY2027, supported by advancing metallurgical test work. Reasoning: Terra Metals has reported highly positive drill results from the Southwest Discovery, including exceptional copper and strong PGM grades over significant widths, extending the known strike length and confirming a large, continuous polymetallic system. The progress on heritage approvals, resource-definition drilling, and metallurgical test work, coupled with the upcoming maiden MRE, indicates substantial de-risking and advancement of the project. While true widths are not yet known and some results are visual estimates, the overall picture is very encouraging for future resource growth and economic viability. - Positive factor: Exceptional copper grades in some intercepts \(e.g., 3.23% Cu in SWRD077\) significantly exceed prior best grades for the project. - Positive factor: Strong 3E \(Pt+Pd+Au\) grades in multiple intercepts \(e.g., 6.54 g/t 3E in SWRD071\) are well above the project's average platinum grade. - Positive factor: Significant intercept lengths, including 336.9m and 308.42m, confirm broad and continuous mineralization. - Positive factor: Strike length extended to 1,350m and remains open, indicating significant growth potential beyond current limits. - Positive factor: Multiple high-grade reefs identified from near surface to depth, offering potential mining flexibility. - Positive factor: Heritage approvals secured for the entire Southwest footprint, enabling critical resource-definition drilling to advance. - Positive factor: First-pass drilling at new prospects \(Double Snag, Area 1, Area 2\) intersected sulfide mineralization, suggesting further discoveries along strike. - Positive factor: Metallurgical test work is advancing rapidly, including cleaner flotation trials, which de-risks future processing and supports the MRE. - Positive factor: Maiden Mineral Resource Estimate \(MRE\) is on track for Q1 CY2027, providing the first quantification of the discovery. - Positive factor: Comprehensive QA/QC procedures are disclosed in detail, including certified lab \(Bureau Veritas\) and QP sign-off, enhancing data credibility. - Positive factor: Internal dilution rules are clearly stated for significant intercepts \(max 5m\), improving transparency of reported intervals. - Negative factor: True widths of mineralized intervals are not yet known, meaning apparent lengths may overstate true thickness. - Negative factor: Visual estimates of sulfide mineralization are reported for new prospects, with assays pending, introducing uncertainty regarding actual grades. - Negative factor: Cut-off grades for compositing the reported intervals in Table 4 are not explicitly stated, only the criteria for defining 'significant intercepts' using PtEq. Facts used in scoring: 72 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) ## Extracted facts Stored fact records: 72. Some facts used in scoring do not have a stored record. ## Drill Results (72) ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-0) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.03 - Grade Unit: g/t - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for 3E, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.03 g/t 3E\) is below typical economic thresholds for PGMs. Evidence · table > 0.03 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-1) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.02 - Grade Unit: g/t - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.02 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.02 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-2) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0 - Grade Unit: g/t - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows no grade for platinum, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: No grade \(0.00 g/t Pt\) is below typical economic thresholds for platinum. Evidence · table > 0.00 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-3) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0 - Grade Unit: g/t - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows no grade for palladium, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: No grade \(0.00 g/t Pd\) is below typical economic thresholds for palladium. Evidence · table > 0.00 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-4) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.05 - Grade Unit: % - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.05% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.05 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-5) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.09% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.09 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-6) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 753 - Grade Unit: ppm - Intercept: 2 m - From: 19 m - To: 21 m - Hole Depth: 804.2 m - Intercept Depth: 19 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:19-21 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a strong cobalt grade over a narrow width, which is a positive indicator for polymetallic potential. - Positive factor: Strong cobalt grade \(753 ppm\) is above the exceptional threshold for cobalt. Evidence · table > 753 Context: 2.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-7) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.36 - Grade Unit: g/t - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak grade for 3E over a narrow width, contributing to the overall mineralization profile. - Negative factor: Weak grade \(0.36 g/t 3E\) is at the lower end of economic significance for PGMs. Evidence · table > 0.36 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-8) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.01 - Grade Unit: g/t - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.01 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.01 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-9) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.17 - Grade Unit: g/t - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for platinum, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.17 g/t Pt\) is below typical economic thresholds for platinum. Evidence · table > 0.17 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-10) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for palladium, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.18 g/t Pd\) is below typical economic thresholds for palladium. Evidence · table > 0.18 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-11) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.17 - Grade Unit: % - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.17% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.17 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-12) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.08 - Grade Unit: % - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.08% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.08 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-13) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 110 - Grade Unit: ppm - Intercept: 3 m - From: 157 m - To: 160 m - Hole Depth: 804.2 m - Intercept Depth: 157 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:157-160 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade over a narrow width, contributing to the overall mineralization profile. - Negative factor: Weak cobalt grade \(110 ppm\) is at the lower end of economic significance for cobalt. Evidence · table > 110 Context: 3.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-14) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.31 - Grade Unit: g/t - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate grade for 3E over a narrow width, indicating localized higher-grade mineralization. - Positive factor: Moderate grade \(1.31 g/t 3E\) is above the moderate threshold for PGMs. Evidence · table > 1.31 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-15) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.03 - Grade Unit: g/t - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.03 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.03 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-16) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.31 - Grade Unit: g/t - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak grade for platinum over a narrow width, contributing to the overall mineralization profile. - Negative factor: Weak grade \(0.31 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.31 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-17) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.96 - Grade Unit: g/t - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate grade for palladium over a narrow width, indicating localized higher-grade mineralization. - Positive factor: Moderate grade \(0.96 g/t Pd\) is above the moderate threshold for PGMs. Evidence · table > 0.96 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-18) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.13 - Grade Unit: % - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.13% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.13 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-19) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.10% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.10 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-20) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 127 - Grade Unit: ppm - Intercept: 1 m - From: 172 m - To: 173 m - Hole Depth: 804.2 m - Intercept Depth: 172 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:172-173 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade over a narrow width, contributing to the overall mineralization profile. - Negative factor: Weak cobalt grade \(127 ppm\) is at the lower end of economic significance for cobalt. Evidence · table > 127 Context: 1.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-21) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.85 - Grade Unit: g/t - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate 3E grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(107.35m\) indicates broad mineralization. - Positive factor: Moderate grade \(0.85 g/t 3E\) is above the weak threshold for PGMs. Evidence · table > 0.85 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-22) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.05 - Grade Unit: g/t - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.05 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.05 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-23) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak platinum grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(107.35m\) indicates broad mineralization. - Positive factor: Weak grade \(0.33 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.33 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-24) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak palladium grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(107.35m\) indicates broad mineralization. - Positive factor: Weak grade \(0.47 g/t Pd\) is at the lower end of economic significance for palladium. Evidence · table > 0.47 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-25) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.08 - Grade Unit: % - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.08% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.08 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-26) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.16 - Grade Unit: % - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.16% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.16 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-27) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 138 - Grade Unit: ppm - Intercept: 107.35 m - From: 194.65 m - To: 302 m - Hole Depth: 804.2 m - Intercept Depth: 194.65 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:194.65-302 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade over a significant width, contributing to the overall mineralization profile. - Negative factor: Weak cobalt grade \(138 ppm\) is at the lower end of economic significance for cobalt. Evidence · table > 138 Context: 107.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-28) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.26 - Grade Unit: g/t - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate 3E grade over a good width, indicating a higher-grade zone within the broader intercept. - Positive factor: Moderate grade \(1.26 g/t 3E\) is above the moderate threshold for PGMs. - Positive factor: Moderate intercept length \(13.45m\) indicates good continuity. Evidence · table > 1.26 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-29) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.07 - Grade Unit: g/t - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.07 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.07 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-30) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.63 - Grade Unit: g/t - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak platinum grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(13.45m\) indicates good continuity. - Positive factor: Weak grade \(0.63 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.63 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-31) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.56 - Grade Unit: g/t - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak palladium grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(13.45m\) indicates good continuity. - Positive factor: Weak grade \(0.56 g/t Pd\) is at the lower end of economic significance for palladium. Evidence · table > 0.56 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-32) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.08 - Grade Unit: % - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.08% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.08 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-33) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.18 - Grade Unit: % - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.18% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.18 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-34) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 158 - Grade Unit: ppm - Intercept: 13.45 m - From: 224 m - To: 237.45 m - Hole Depth: 804.2 m - Intercept Depth: 224 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:224-237.45 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate cobalt grade over a good width, indicating a higher-grade zone within the broader intercept. - Positive factor: Moderate cobalt grade \(158 ppm\) is above the moderate threshold for cobalt. Evidence · table > 158 Context: 13.45 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-35) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.25 - Grade Unit: g/t - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate 3E grade over a good width, indicating a higher-grade zone within the broader intercept. - Positive factor: Moderate grade \(1.25 g/t 3E\) is above the moderate threshold for PGMs. - Positive factor: Moderate intercept length \(18.0m\) indicates good continuity. Evidence · table > 1.25 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-36) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.08 - Grade Unit: g/t - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.08 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.08 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-37) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak platinum grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(18.0m\) indicates good continuity. - Positive factor: Weak grade \(0.44 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.44 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-38) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.74 - Grade Unit: g/t - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak palladium grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(18.0m\) indicates good continuity. - Positive factor: Weak grade \(0.74 g/t Pd\) is at the lower end of economic significance for palladium. Evidence · table > 0.74 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-39) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.12% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.12 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-40) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.18 - Grade Unit: % - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.18% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.18 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-41) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 125 - Grade Unit: ppm - Intercept: 18 m - From: 277 m - To: 295 m - Hole Depth: 804.2 m - Intercept Depth: 277 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:277-295 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade over a good width, contributing to the overall mineralization profile. - Negative factor: Weak cobalt grade \(125 ppm\) is at the lower end of economic significance for cobalt. Evidence · table > 125 Context: 18.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-42) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate 3E grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(101.51m\) indicates broad mineralization. - Positive factor: Moderate grade \(1.17 g/t 3E\) is above the moderate threshold for PGMs. Evidence · table > 1.17 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-43) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.07 - Grade Unit: g/t - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.07 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.07 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-44) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.38 - Grade Unit: g/t - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak platinum grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(101.51m\) indicates broad mineralization. - Positive factor: Weak grade \(0.38 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.38 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-45) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.73 - Grade Unit: g/t - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak palladium grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Significant intercept length \(101.51m\) indicates broad mineralization. - Positive factor: Weak grade \(0.73 g/t Pd\) is at the lower end of economic significance for palladium. Evidence · table > 0.73 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-46) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.15 - Grade Unit: % - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.15% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.15 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-47) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.19 - Grade Unit: % - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.19% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.19 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-48) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 169 - Grade Unit: ppm - Intercept: 101.51 m - From: 312 m - To: 413.51 m - Hole Depth: 804.2 m - Intercept Depth: 312 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:312-413.51 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate cobalt grade over a significant width, contributing positively to the overall resource potential. - Positive factor: Moderate cobalt grade \(169 ppm\) is above the moderate threshold for cobalt. Evidence · table > 169 Context: 101.51 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-49) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.75 - Grade Unit: g/t - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a strong 3E grade over a good width, indicating a significant higher-grade zone within the broader intercept. - Positive factor: Strong grade \(1.75 g/t 3E\) is above the moderate threshold for PGMs. - Positive factor: Moderate intercept length \(11.0m\) indicates good continuity. Evidence · table > 1.75 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-50) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.12 - Grade Unit: g/t - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.12 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.12 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-51) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.59 - Grade Unit: g/t - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak platinum grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(11.0m\) indicates good continuity. - Positive factor: Weak grade \(0.59 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.59 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-52) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.04 - Grade Unit: g/t - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate palladium grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(11.0m\) indicates good continuity. - Positive factor: Moderate grade \(1.04 g/t Pd\) is above the moderate threshold for PGMs. Evidence · table > 1.04 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-53) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.20% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.20 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-54) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.21 - Grade Unit: % - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.21% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.21 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-55) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 179 - Grade Unit: ppm - Intercept: 11 m - From: 331 m - To: 342 m - Hole Depth: 804.2 m - Intercept Depth: 331 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:331-342 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate cobalt grade over a good width, indicating a higher-grade zone within the broader intercept. - Positive factor: Moderate cobalt grade \(179 ppm\) is above the moderate threshold for cobalt. Evidence · table > 179 Context: 11.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-56) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.55 - Grade Unit: g/t - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a strong 3E grade over a good width, indicating a significant higher-grade zone within the broader intercept. - Positive factor: Strong grade \(1.55 g/t 3E\) is above the moderate threshold for PGMs. - Positive factor: Moderate intercept length \(22.0m\) indicates good continuity. Evidence · table > 1.55 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-57) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.11 - Grade Unit: g/t - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.11 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.11 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-58) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a weak platinum grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(22.0m\) indicates good continuity. - Positive factor: Weak grade \(0.50 g/t Pt\) is at the lower end of economic significance for platinum. Evidence · table > 0.50 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-59) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.95 - Grade Unit: g/t - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate palladium grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate intercept length \(22.0m\) indicates good continuity. - Positive factor: Moderate grade \(0.95 g/t Pd\) is above the moderate threshold for PGMs. Evidence · table > 0.95 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-60) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.22 - Grade Unit: % - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.22% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.22 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-61) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.23 - Grade Unit: % - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.23% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.23 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-62) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 182 - Grade Unit: ppm - Intercept: 22 m - From: 358 m - To: 380 m - Hole Depth: 804.2 m - Intercept Depth: 358 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:358-380 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a moderate cobalt grade over a good width, contributing positively to the overall resource potential. - Positive factor: Moderate cobalt grade \(182 ppm\) is above the moderate threshold for cobalt. Evidence · table > 182 Context: 22.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-63) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.85 - Grade Unit: g/t - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a moderate 3E grade over a very significant width, contributing positively to the overall resource potential. - Positive factor: Very significant intercept length \(181.01m\) indicates broad and continuous mineralization. - Positive factor: Moderate grade \(0.85 g/t 3E\) is above the weak threshold for PGMs. Evidence · table > 0.85 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-64) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.04 - Grade Unit: g/t - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.04 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.04 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-65) Southwest · platinum #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: platinum - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for platinum, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.26 g/t Pt\) is below typical economic thresholds for platinum. Evidence · table > 0.26 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-66) Southwest · palladium #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: palladium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.55 - Grade Unit: g/t - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak palladium grade over a very significant width, contributing positively to the overall resource potential. - Positive factor: Very significant intercept length \(181.01m\) indicates broad and continuous mineralization. - Positive factor: Weak grade \(0.55 g/t Pd\) is at the lower end of economic significance for palladium. Evidence · table > 0.55 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-67) Southwest · copper #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.06 - Grade Unit: % - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for copper, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.06% Cu\) is below typical economic thresholds for copper. Evidence · table > 0.06 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-68) Southwest · nickel #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: nickel - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.18 - Grade Unit: % - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for nickel, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.18% Ni\) is below typical economic thresholds for nickel. Evidence · table > 0.18 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-69) Southwest · cobalt #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: cobalt - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 139 - Grade Unit: ppm - Intercept: 181.01 m - From: 420.99 m - To: 602 m - Hole Depth: 804.2 m - Intercept Depth: 420.99 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:420.99-602 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade over a very significant width, contributing to the overall mineralization profile. - Negative factor: Weak cobalt grade \(139 ppm\) is at the lower end of economic significance for cobalt. Evidence · table > 139 Context: 181.01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-70) Southwest · 3e #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: 3e - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 1.4 - Grade Unit: g/t - Intercept: 31 m - From: 473 m - To: 504 m - Hole Depth: 804.2 m - Intercept Depth: 473 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:473-504 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This sub-interval shows a strong 3E grade over a strong width, indicating a significant higher-grade zone within the broader intercept. - Positive factor: Strong grade \(1.40 g/t 3E\) is above the moderate threshold for PGMs. - Positive factor: Strong intercept length \(31.0m\) indicates good continuity. Evidence · table > 1.40 Context: 31.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SWRD050 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-major-intercepts-access-cleared-for-resource-drilling--2d7d21e6-23a1-4383-8fa1-c323256a592a#fact-drill-facts-71) Southwest · gold #### Identity - Hole ID: SWRD050 - Project: Southwest - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: TM1 #### Geometry - Grade: 0.08 - Grade Unit: g/t - Intercept: 31 m - From: 473 m - To: 504 m - Hole Depth: 804.2 m - Intercept Depth: 473 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: SWRD050:473-504 - Mining Method: mixed #### Location - Location: Main Zone - Easting: 356451.7 - Northing: 7142060 - CRS: GDA94 Zone 52 - Elevation: 528.9 m - Azimuth: 100 ° - Dip: -50 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas, Perth - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Compositing - Dilution Disclosed: Yes - Max Dilution: 5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: This intercept shows a very low grade for gold, which is not economically significant on its own, but contributes to the overall understanding of the mineralization. - Negative factor: Low grade \(0.08 g/t Au\) is below typical economic thresholds for gold. Evidence · table > 0.08 Context: 31.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ## 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.