TM1: SOUTHWEST DELIVERS HIGH-GRADE PGM MINERALISATION FROM SURFAC

Original announcement by asx on

Company
Terra Metals Limited
Ticker
TM1
Exchange
ASX
Region
Western Australia
Primary commodity
3e
Secondary commodities
Copper, Nickel, Cobalt, Gold, Platinum, Palladium, Titanium dioxide, Vanadium pentoxide
Document categories
Drill results
Extracted
2026-10-13 23:27:25 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Terra Metals has announced high-grade PGM-Cu-Ni drill results from its Southwest project, including thick intercepts from surface and at depth. Highlights include 194m at 1.01g/t 3E and 0.17% Ni from 15m, and 200m at 0.75g/t PGE3 and 0.16% Ni from surface. These results confirm the continuity of mineralization and support the potential for low-strip open-cut mining, with a maiden Mineral Resource Estimate targeted for Q1 CY2027.

Reasoning: The drill results demonstrate significant high-grade PGM-Cu-Ni mineralization from surface and at depth, supporting open-cut mining potential and resource expansion, with a maiden MRE planned. The grades and widths are strong, exceeding prior best GT products, despite the lack of true width disclosure and opaque metal equivalent assumptions.

Positive factors

  • High-grade intercepts, including 5.60m @ 4.29g/t PGE3, 0.43% Cu, 0.46% Ni, which is significantly higher than previous best grades.
  • Thick intercepts, such as 194m at 1.01g/t 3E and 200m at 0.75g/t PGE3, demonstrating substantial mineralization.
  • Mineralization extends to surface, supporting potential for low-strip open-cut mining.
  • Consistency and continuity of high-grade reefs confirmed at depth within the central targeted resource area.
  • Significant opportunity for resource expansion indicated by drilling results.
  • Maiden Mineral Resource Estimate targeted for Q1 CY2027, indicating project advancement.
  • JORC compliant reporting with detailed QA/QC procedures, including certified lab and QP sign-off.

Negative factors

  • True widths are not yet known for reported intercepts, which may overstate actual thickness.
  • Assays are pending for portions of some holes, indicating incomplete results for the current program.
  • Metal equivalent (PtEq) calculation uses an assumed 100% recovery, which is not an estimate or forecast of actual metallurgical recovery, reducing transparency for economic evaluation.

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

Facts used in scoring: 81

Extracted facts

Stored fact records: 81. Some facts used in scoring do not have a stored record.

Drill Results (81)

SWRC106Southwest · 3eGrade: 1.01Grade Unit: g/tIntercept: 194 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
194 m
From
15 m
To
209 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:15-209
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a very thick intercept with a moderate 3E grade starting near surface, significantly extending known mineralization and exceeding prior GT products, which is highly positive for resource potential.

Positive factors

  • Thick intercept (194m) with moderate grade (1.01 g/t 3E), indicating significant mineralization continuity.
  • Intercept starts at shallow depth (15m), supporting open-cut mining potential.
  • GT product of 195.94 g/t*m is strong, exceeding prior best GT product for 3E (153.9 g/t*m).

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“194m at 1.01g/t 3E & 0.17% Ni from 15m (SWRC106)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · nickelGrade: 0.17Grade Unit: %Intercept: 194 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.17
Grade Unit
%
Intercept
194 m
From
15 m
To
209 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:15-209
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit, starting near surface.

Positive factors

  • Thick intercept (194m) with weak nickel grade (0.17%), contributing to overall polymetallic potential.
  • Intercept starts at shallow depth (15m), supporting open-cut mining potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“194m at 1.01g/t 3E & 0.17% Ni from 15m (SWRC106)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · 3eGrade: 1.84Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
24 m
From
43 m
To
67 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:43-67
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and good width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Moderate grade (1.84 g/t PGE3) over a good width (24m), indicating a significant higher-grade zone within the broader intercept.
  • GT product of 44.16 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“24m @ 1.84g/t PGE3, 0.19% Cu, 0.27% Ni from 43m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · copperGrade: 0.19Grade Unit: %Intercept: 24 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.19
Grade Unit
%
Intercept
24 m
From
43 m
To
67 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:43-67
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.19%) over a good width (24m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“24m @ 1.84g/t PGE3, 0.19% Cu, 0.27% Ni from 43m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · nickelGrade: 0.27Grade Unit: %Intercept: 24 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.27
Grade Unit
%
Intercept
24 m
From
43 m
To
67 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:43-67
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.27%) over a good width (24m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“24m @ 1.84g/t PGE3, 0.19% Cu, 0.27% Ni from 43m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · 3eGrade: 2.94Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
2.94
Grade Unit
g/t
Intercept
5 m
From
49 m
To
54 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:49-54
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a narrow width, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (2.94 g/t PGE3) over a narrow width (5m), indicating a high-grade zone.
  • GT product of 14.7 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5m @ 2.94g/t PGE3, 0.29% Cu, 0.35% Ni from 49m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · copperGrade: 0.29Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.29
Grade Unit
%
Intercept
5 m
From
49 m
To
54 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:49-54
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate copper grade (0.29%) over a narrow width (5m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5m @ 2.94g/t PGE3, 0.29% Cu, 0.35% Ni from 49m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · nickelGrade: 0.35Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.35
Grade Unit
%
Intercept
5 m
From
49 m
To
54 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:49-54
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate nickel grade (0.35%) over a narrow width (5m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5m @ 2.94g/t PGE3, 0.29% Cu, 0.35% Ni from 49m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · 3eGrade: 3.53Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
3.53
Grade Unit
g/t
Intercept
9 m
From
185 m
To
194 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:185-194
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a good width at depth, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Strong grade (3.53 g/t PGE3) over a good width (9m), indicating a significant high-grade zone at depth.
  • GT product of 31.77 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“9m @ 3.53g/t PGE3, 0.21% Cu, 0.25% Ni from 185m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · copperGrade: 0.21Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
9 m
From
185 m
To
194 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:185-194
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.21%) over a good width (9m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“9m @ 3.53g/t PGE3, 0.21% Cu, 0.25% Ni from 185m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC106Southwest · nickelGrade: 0.25Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
SWRC106
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.25
Grade Unit
%
Intercept
9 m
From
185 m
To
194 m
Hole Depth
279 m
Intercept Depth
15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC106:185-194
Mining Method
open_pit

Location

Location
Southwest
Easting
356911.1
Northing
7142100.1
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
45.4 °
Dip
-60 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.25%) over a good width (9m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“9m @ 3.53g/t PGE3, 0.21% Cu, 0.25% Ni from 185m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · 3eGrade: 0.75Grade Unit: g/tIntercept: 200 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.75
Grade Unit
g/t
Intercept
200 m
From
0 m
To
200 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:0-200
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a very thick intercept with weak PGE3 grade starting at surface, significantly extending known mineralization and supporting the overall scale of the deposit.

Positive factors

  • Very thick intercept (200m) with weak grade (0.75 g/t PGE3), indicating broad mineralization from surface.
  • Intercept starts at surface, supporting open-cut mining potential.
  • GT product of 150 g/t*m is strong, comparable to prior best GT product for 3E (153.9 g/t*m).

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“200m @ 0.75g/t PGE3, 0.16% Ni from surface, (SWRC105)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · nickelGrade: 0.16Grade Unit: %Intercept: 200 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.16
Grade Unit
%
Intercept
200 m
From
0 m
To
200 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:0-200
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This very thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit, starting at surface.

Positive factors

  • Very thick intercept (200m) with weak nickel grade (0.16%), contributing to overall polymetallic potential.
  • Intercept starts at surface, supporting open-cut mining potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“200m @ 0.75g/t PGE3, 0.16% Ni from surface, (SWRC105)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · 3eGrade: 1.11Grade Unit: g/tIntercept: 35 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
35 m
From
4 m
To
39 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:4-39
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and good width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Moderate grade (1.11 g/t PGE3) over a good width (35m), indicating a significant higher-grade zone within the broader intercept.
  • GT product of 38.85 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“35m @ 1.11g/t PGE3, 0.12% Cu, 0.21% Ni from 4m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · copperGrade: 0.12Grade Unit: %Intercept: 35 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.12
Grade Unit
%
Intercept
35 m
From
4 m
To
39 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:4-39
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.12%) over a good width (35m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“35m @ 1.11g/t PGE3, 0.12% Cu, 0.21% Ni from 4m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · nickelGrade: 0.21Grade Unit: %Intercept: 35 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
35 m
From
4 m
To
39 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:4-39
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.21%) over a good width (35m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“35m @ 1.11g/t PGE3, 0.12% Cu, 0.21% Ni from 4m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · 3eGrade: 1.08Grade Unit: g/tIntercept: 79 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
79 m
From
83 m
To
162 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:83-162
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and good width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Thick intercept (79m) with moderate grade (1.08 g/t PGE3), indicating significant mineralization continuity.
  • GT product of 85.32 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“79m @ 1.08g/t PGE3, 0.10% Cu, 0.16% Ni from 83m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · copperGrade: 0.1Grade Unit: %Intercept: 79 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.1
Grade Unit
%
Intercept
79 m
From
83 m
To
162 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:83-162
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.10%) over a good width (79m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“79m @ 1.08g/t PGE3, 0.10% Cu, 0.16% Ni from 83m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · nickelGrade: 0.16Grade Unit: %Intercept: 79 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.16
Grade Unit
%
Intercept
79 m
From
83 m
To
162 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:83-162
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.16%) over a good width (79m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“79m @ 1.08g/t PGE3, 0.10% Cu, 0.16% Ni from 83m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · 3eGrade: 1.74Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.74
Grade Unit
g/t
Intercept
6 m
From
94 m
To
100 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:94-100
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a moderate PGE3 grade over a narrow width, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Moderate grade (1.74 g/t PGE3) over a narrow width (6m), indicating a high-grade zone.
  • GT product of 10.44 g/t*m is weak, but the grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“6m @ 1.74g/t PGE3, 0.17% Cu, 0.18% Ni from 94m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · copperGrade: 0.17Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.17
Grade Unit
%
Intercept
6 m
From
94 m
To
100 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:94-100
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.17%) over a narrow width (6m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“6m @ 1.74g/t PGE3, 0.17% Cu, 0.18% Ni from 94m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · nickelGrade: 0.18Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.18
Grade Unit
%
Intercept
6 m
From
94 m
To
100 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:94-100
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.18%) over a narrow width (6m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“6m @ 1.74g/t PGE3, 0.17% Cu, 0.18% Ni from 94m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · 3eGrade: 3.03Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
3.03
Grade Unit
g/t
Intercept
3 m
From
188 m
To
191 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:188-191
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a narrow width at depth, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (3.03 g/t PGE3) over a narrow width (3m), indicating a high-grade zone at depth.
  • GT product of 9.09 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“3m @ 3.03g/t PGE3, 0.16% Ni from 188m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC105Southwest · nickelGrade: 0.16Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
SWRC105
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.16
Grade Unit
%
Intercept
3 m
From
188 m
To
191 m
Hole Depth
246 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC105:188-191
Mining Method
open_pit

Location

Location
Southwest
Easting
356958
Northing
7142095
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
124.1 °
Dip
-60.9 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.16%) over a narrow width (3m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“3m @ 3.03g/t PGE3, 0.16% Ni from 188m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · 3eGrade: 0.98Grade Unit: g/tIntercept: 129 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
129 m
From
127 m
To
256 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:127-256
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a thick intercept with moderate PGE3 grade, significantly extending known mineralization and supporting the overall scale of the deposit.

Positive factors

  • Thick intercept (129m) with moderate grade (0.98 g/t PGE3), indicating significant mineralization continuity.
  • GT product of 126.42 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“129m @ 0.98g/t PGE3, 0.15% Ni from 127m (SWRC107)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · nickelGrade: 0.15Grade Unit: %Intercept: 129 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
129 m
From
127 m
To
256 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:127-256
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit.

Positive factors

  • Thick intercept (129m) with weak nickel grade (0.15%), contributing to overall polymetallic potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“129m @ 0.98g/t PGE3, 0.15% Ni from 127m (SWRC107)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · 3eGrade: 1.46Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
20 m
From
172 m
To
192 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:172-192
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and good width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Moderate grade (1.46 g/t PGE3) over a good width (20m), indicating a significant higher-grade zone within the broader intercept.
  • GT product of 29.2 g/t*m is weak, but the grade and width are notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“20m @ 1.46g/t PGE3, 0.11% Cu, 0.20% Ni from 172m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · copperGrade: 0.11Grade Unit: %Intercept: 20 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.11
Grade Unit
%
Intercept
20 m
From
172 m
To
192 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:172-192
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.11%) over a good width (20m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“20m @ 1.46g/t PGE3, 0.11% Cu, 0.20% Ni from 172m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · nickelGrade: 0.2Grade Unit: %Intercept: 20 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.2
Grade Unit
%
Intercept
20 m
From
172 m
To
192 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:172-192
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a good width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.20%) over a good width (20m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“20m @ 1.46g/t PGE3, 0.11% Cu, 0.20% Ni from 172m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · 3eGrade: 2.09Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
2.09
Grade Unit
g/t
Intercept
4 m
From
183 m
To
187 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:183-187
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a narrow width, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (2.09 g/t PGE3) over a narrow width (4m), indicating a high-grade zone.
  • GT product of 8.36 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4m @ 2.09g/t PGE3, 0.15% Cu, 0.24% Ni from 183m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · copperGrade: 0.15Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
4 m
From
183 m
To
187 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:183-187
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.15%) over a narrow width (4m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4m @ 2.09g/t PGE3, 0.15% Cu, 0.24% Ni from 183m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · nickelGrade: 0.24Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.24
Grade Unit
%
Intercept
4 m
From
183 m
To
187 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:183-187
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.24%) over a narrow width (4m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4m @ 2.09g/t PGE3, 0.15% Cu, 0.24% Ni from 183m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · 3eGrade: 3.39Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
3.39
Grade Unit
g/t
Intercept
8 m
From
237 m
To
245 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:237-245
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a good width at depth, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Strong grade (3.39 g/t PGE3) over a good width (8m), indicating a significant high-grade zone at depth.
  • GT product of 27.12 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“8m @ 3.39g/t PGE3, 0.14% Cu, 0.22% Ni from 237m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · copperGrade: 0.14Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.14
Grade Unit
%
Intercept
8 m
From
237 m
To
245 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:237-245
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.14%) over a good width (8m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“8m @ 3.39g/t PGE3, 0.14% Cu, 0.22% Ni from 237m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRC107Southwest · nickelGrade: 0.22Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
SWRC107
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.22
Grade Unit
%
Intercept
8 m
From
237 m
To
245 m
Hole Depth
288 m
Intercept Depth
127 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRC107:237-245
Mining Method
open_pit

Location

Location
Southwest
Easting
356910
Northing
7142097
CRS
GDA94 Zone 52
Elevation
529.6 m
Azimuth
126.3 °
Dip
-60.2 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.22%) over a good width (8m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“8m @ 3.39g/t PGE3, 0.14% Cu, 0.22% Ni from 237m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · 3eGrade: 1.12Grade Unit: g/tIntercept: 181.02 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
181.02 m
From
144.13 m
To
325.15 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-325.15
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a very thick intercept with moderate PGE3 grade at depth, significantly extending known mineralization and supporting the overall scale of the deposit.

Positive factors

  • Very thick intercept (181.02m) with moderate grade (1.12 g/t PGE3), indicating significant mineralization continuity at depth.
  • GT product of 202.72 g/t*m is strong, exceeding prior best GT product for 3E (153.9 g/t*m).

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“181m @ 1.12g/t PGE3, 0.12% Cu, 0.15% Ni from 144.13m (SWRD078)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · copperGrade: 0.12Grade Unit: %Intercept: 181.02 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.12
Grade Unit
%
Intercept
181.02 m
From
144.13 m
To
325.15 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-325.15
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This very thick intercept with weak copper grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Very thick intercept (181.02m) with weak copper grade (0.12%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“181m @ 1.12g/t PGE3, 0.12% Cu, 0.15% Ni from 144.13m (SWRD078)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · nickelGrade: 0.15Grade Unit: %Intercept: 181.02 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
181.02 m
From
144.13 m
To
325.15 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-325.15
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This very thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Very thick intercept (181.02m) with weak nickel grade (0.15%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“181m @ 1.12g/t PGE3, 0.12% Cu, 0.15% Ni from 144.13m (SWRD078)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · 3eGrade: 1.69Grade Unit: g/tIntercept: 56.87 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.69
Grade Unit
g/t
Intercept
56.87 m
From
144.13 m
To
201 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-201
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and thick width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Moderate grade (1.69 g/t PGE3) over a thick width (56.87m), indicating a significant higher-grade zone within the broader intercept.
  • GT product of 96.12 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“56.87m @ 1.69g/t PGE3, 0.14% Cu, 0.19% Ni from 144.13m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · copperGrade: 0.14Grade Unit: %Intercept: 56.87 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.14
Grade Unit
%
Intercept
56.87 m
From
144.13 m
To
201 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-201
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.14%) over a thick width (56.87m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“56.87m @ 1.69g/t PGE3, 0.14% Cu, 0.19% Ni from 144.13m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWRD078Southwest · nickelGrade: 0.19Grade Unit: %Intercept: 56.87 mView all details
Link to this fact

Identity

Hole ID
SWRD078
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.19
Grade Unit
%
Intercept
56.87 m
From
144.13 m
To
201 m
Hole Depth
708.2 m
Intercept Depth
144.13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWRD078:144.13-201
Mining Method
open_pit

Location

Location
Southwest
Easting
356531.4
Northing
7141803
CRS
GDA94 Zone 52
Elevation
531.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.19%) over a thick width (56.87m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“56.87m @ 1.69g/t PGE3, 0.14% Cu, 0.19% Ni from 144.13m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 1.03Grade Unit: g/tIntercept: 105.43 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
105.43 m
From
200.47 m
To
305.9 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:200.47-305.9
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a thick intercept with moderate PGE3 grade at depth, significantly extending known mineralization and supporting the overall scale of the deposit.

Positive factors

  • Thick intercept (105.43m) with moderate grade (1.03 g/t PGE3), indicating significant mineralization continuity at depth.
  • GT product of 108.56 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“105.4m @ 1.03g/t PGE3, 0.12% Cu, 0.18% Ni from 200.5m (SWDD011W1)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · copperGrade: 0.12Grade Unit: %Intercept: 105.43 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.12
Grade Unit
%
Intercept
105.43 m
From
200.47 m
To
305.9 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:200.47-305.9
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak copper grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Thick intercept (105.43m) with weak copper grade (0.12%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“105.4m @ 1.03g/t PGE3, 0.12% Cu, 0.18% Ni from 200.5m (SWDD011W1)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · nickelGrade: 0.18Grade Unit: %Intercept: 105.43 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.18
Grade Unit
%
Intercept
105.43 m
From
200.47 m
To
305.9 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:200.47-305.9
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Thick intercept (105.43m) with weak nickel grade (0.18%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“105.4m @ 1.03g/t PGE3, 0.12% Cu, 0.18% Ni from 200.5m (SWDD011W1)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 2.26Grade Unit: g/tIntercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
2.26
Grade Unit
g/t
Intercept
16.75 m
From
282 m
To
298.75 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:282-298.75
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a good width at depth, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Strong grade (2.26 g/t PGE3) over a good width (16.75m), indicating a significant high-grade zone at depth.
  • GT product of 37.85 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“16.75m @ 2.26g/t PGE3, 0.30% Cu, 0.29% Ni from 282m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · copperGrade: 0.3Grade Unit: %Intercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.3
Grade Unit
%
Intercept
16.75 m
From
282 m
To
298.75 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:282-298.75
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate copper grade (0.30%) over a good width (16.75m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“16.75m @ 2.26g/t PGE3, 0.30% Cu, 0.29% Ni from 282m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · nickelGrade: 0.29Grade Unit: %Intercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.29
Grade Unit
%
Intercept
16.75 m
From
282 m
To
298.75 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:282-298.75
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.29%) over a good width (16.75m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“16.75m @ 2.26g/t PGE3, 0.30% Cu, 0.29% Ni from 282m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 3.71Grade Unit: g/tIntercept: 4.33 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
3.71
Grade Unit
g/t
Intercept
4.33 m
From
286.98 m
To
291.31 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:286.98-291.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a narrow width at depth, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (3.71 g/t PGE3) over a narrow width (4.33m), indicating a high-grade zone at depth.
  • GT product of 16.07 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4.3m @ 3.71g/t PGE3, 0.35% Cu, 0.47% Ni from 287m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · copperGrade: 0.35Grade Unit: %Intercept: 4.33 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.35
Grade Unit
%
Intercept
4.33 m
From
286.98 m
To
291.31 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:286.98-291.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate copper grade (0.35%) over a narrow width (4.33m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4.3m @ 3.71g/t PGE3, 0.35% Cu, 0.47% Ni from 287m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · nickelGrade: 0.47Grade Unit: %Intercept: 4.33 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.47
Grade Unit
%
Intercept
4.33 m
From
286.98 m
To
291.31 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:286.98-291.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate nickel grade (0.47%) over a narrow width (4.33m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“4.3m @ 3.71g/t PGE3, 0.35% Cu, 0.47% Ni from 287m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · 3eGrade: 0.98Grade Unit: g/tIntercept: 126 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
126 m
From
200 m
To
326 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-326
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a thick intercept with moderate PGE3 grade at depth, significantly extending known mineralization and supporting the overall scale of the deposit.

Positive factors

  • Thick intercept (126m) with moderate grade (0.98 g/t PGE3), indicating significant mineralization continuity at depth.
  • GT product of 123.48 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.
  • Metal equivalent assumptions for reporting criteria are opaque.

Evidence · text

“126m @ 0.98g/t PGE3, 0.12% Cu, 0.16% Ni from 200m (SWDD011W2)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · copperGrade: 0.12Grade Unit: %Intercept: 126 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.12
Grade Unit
%
Intercept
126 m
From
200 m
To
326 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-326
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak copper grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Thick intercept (126m) with weak copper grade (0.12%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“126m @ 0.98g/t PGE3, 0.12% Cu, 0.16% Ni from 200m (SWDD011W2)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · nickelGrade: 0.16Grade Unit: %Intercept: 126 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.16
Grade Unit
%
Intercept
126 m
From
200 m
To
326 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-326
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This thick intercept with weak nickel grade adds to the polymetallic nature of the mineralization and supports the overall scale of the deposit at depth.

Positive factors

  • Thick intercept (126m) with weak nickel grade (0.16%), contributing to overall polymetallic potential at depth.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“126m @ 0.98g/t PGE3, 0.12% Cu, 0.16% Ni from 200m (SWDD011W2)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · 3eGrade: 1.1Grade Unit: g/tIntercept: 103 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
103 m
From
200 m
To
303 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-303
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and thick width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Thick intercept (103m) with moderate grade (1.10 g/t PGE3), indicating significant mineralization continuity at depth.
  • GT product of 113.3 g/t*m is strong, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“103m @ 1.10g/t PGE3, 0.12% Cu, 0.19% Ni from 200m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · copperGrade: 0.12Grade Unit: %Intercept: 103 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.12
Grade Unit
%
Intercept
103 m
From
200 m
To
303 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-303
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.12%) over a thick width (103m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“103m @ 1.10g/t PGE3, 0.12% Cu, 0.19% Ni from 200m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · nickelGrade: 0.19Grade Unit: %Intercept: 103 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.19
Grade Unit
%
Intercept
103 m
From
200 m
To
303 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:200-303
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.19%) over a thick width (103m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“103m @ 1.10g/t PGE3, 0.12% Cu, 0.19% Ni from 200m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · 3eGrade: 1.37Grade Unit: g/tIntercept: 42.31 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
42.31 m
From
276 m
To
318.31 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:276-318.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is a strong sub-interval with moderate PGE3 grade and thick width, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Moderate grade (1.37 g/t PGE3) over a thick width (42.31m), indicating a significant higher-grade zone within the broader intercept.
  • GT product of 57.96 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“42.31m @ 1.37g/t PGE3, 0.21% Cu, 0.17% Ni from 276.00m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · copperGrade: 0.21Grade Unit: %Intercept: 42.31 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
42.31 m
From
276 m
To
318.31 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:276-318.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak copper grade (0.21%) over a thick width (42.31m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“42.31m @ 1.37g/t PGE3, 0.21% Cu, 0.17% Ni from 276.00m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · nickelGrade: 0.17Grade Unit: %Intercept: 42.31 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.17
Grade Unit
%
Intercept
42.31 m
From
276 m
To
318.31 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:276-318.31
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a thick width, adding to the overall polymetallic potential of the deposit.

Positive factors

  • Weak nickel grade (0.17%) over a thick width (42.31m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“42.31m @ 1.37g/t PGE3, 0.21% Cu, 0.17% Ni from 276.00m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · 3eGrade: 2.51Grade Unit: g/tIntercept: 17.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
2.51
Grade Unit
g/t
Intercept
17.6 m
From
280.4 m
To
298 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-298
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong PGE3 grade over a good width at depth, enhancing the overall prospectivity of the broader intercept.

Positive factors

  • Strong grade (2.51 g/t PGE3) over a good width (17.60m), indicating a significant high-grade zone at depth.
  • GT product of 44.17 g/t*m is moderate, contributing positively to the overall resource potential.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“17.60m @ 2.51g/t PGE3, 0.37% Cu, 0.29% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · copperGrade: 0.37Grade Unit: %Intercept: 17.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.37
Grade Unit
%
Intercept
17.6 m
From
280.4 m
To
298 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-298
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate copper grade (0.37%) over a good width (17.60m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“17.60m @ 2.51g/t PGE3, 0.37% Cu, 0.29% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · nickelGrade: 0.29Grade Unit: %Intercept: 17.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.29
Grade Unit
%
Intercept
17.6 m
From
280.4 m
To
298 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-298
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.29%) over a good width (17.60m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“17.60m @ 2.51g/t PGE3, 0.37% Cu, 0.29% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · 3eGrade: 4.29Grade Unit: g/tIntercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
4.29
Grade Unit
g/t
Intercept
5.6 m
From
280.4 m
To
286 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-286
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a bonanza PGE3 grade over a narrow width at depth, highlighting a very significant high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (4.29 g/t PGE3) over a narrow width (5.60m), indicating a bonanza high-grade zone at depth.
  • GT product of 24.02 g/t*m is weak, but the exceptional grade is highly notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5.60m @ 4.29g/t PGE3, 0.43% Cu, 0.46% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · copperGrade: 0.43Grade Unit: %Intercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.43
Grade Unit
%
Intercept
5.6 m
From
280.4 m
To
286 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-286
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate copper grade (0.43%) over a narrow width (5.60m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5.60m @ 4.29g/t PGE3, 0.43% Cu, 0.46% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W2Southwest · nickelGrade: 0.46Grade Unit: %Intercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
SWDD011W2
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.46
Grade Unit
%
Intercept
5.6 m
From
280.4 m
To
286 m
Hole Depth
486.3 m
Intercept Depth
200 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W2:280.4-286
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate nickel mineralization within a high-grade zone, adding to the overall polymetallic potential.

Positive factors

  • Moderate nickel grade (0.46%) over a narrow width (5.60m), contributing to the polymetallic nature of the high-grade zone.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · text

“5.60m @ 4.29g/t PGE3, 0.43% Cu, 0.46% Ni from 280.40m”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 0.53Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak 3E mineralization over a good width, adding to the overall resource potential.

Positive factors

  • Weak grade (0.53 g/t 3E) over a good width (18.11m), contributing to overall mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.53”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · goldGrade: 0.02Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.02
Grade Unit
g/t
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows trace gold mineralization over a good width, adding to the overall polymetallic potential.

Positive factors

  • Trace gold grade (0.02 g/t) over a good width (18.11m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.02”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · platinumGrade: 0.22Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak platinum mineralization over a good width, adding to the overall PGM potential.

Positive factors

  • Weak platinum grade (0.22 g/t) over a good width (18.11m), contributing to the PGM mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.22”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · palladiumGrade: 0.3Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak palladium mineralization over a good width, adding to the overall PGM potential.

Positive factors

  • Weak palladium grade (0.30 g/t) over a good width (18.11m), contributing to the PGM mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.30”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · copperGrade: 0.09Grade Unit: %Intercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.09
Grade Unit
%
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a good width, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.09%) over a good width (18.11m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.09”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · nickelGrade: 0.09Grade Unit: %Intercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.09
Grade Unit
%
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak nickel mineralization over a good width, adding to the overall polymetallic potential.

Positive factors

  • Weak nickel grade (0.09%) over a good width (18.11m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.09”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · cobaltGrade: 130Grade Unit: ppmIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
130
Grade Unit
ppm
Intercept
18.11 m
From
160.21 m
To
178.32 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:160.21-178.32
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows cobalt mineralization over a good width, adding to the overall polymetallic potential.

Positive factors

  • Cobalt mineralization (130 ppm) over a good width (18.11m), contributing to the polymetallic nature of the deposit.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“130”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 2.06Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
2.06
Grade Unit
g/t
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows a strong 3E grade over a very narrow width, highlighting a high-grade zone within the broader mineralization.

Positive factors

  • Strong grade (2.06 g/t 3E) over a very narrow width (1.34m), indicating a high-grade zone.
  • GT product of 2.76 g/t*m is weak, but the high grade is notable.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“2.06”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · goldGrade: 0.03Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows trace gold mineralization over a very narrow width, adding to the overall polymetallic potential.

Positive factors

  • Trace gold grade (0.03 g/t) over a very narrow width (1.34m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.03”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · platinumGrade: 0.86Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak platinum mineralization over a very narrow width, adding to the overall PGM potential.

Positive factors

  • Weak platinum grade (0.86 g/t) over a very narrow width (1.34m), contributing to the PGM mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.86”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · palladiumGrade: 1.18Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak palladium mineralization over a very narrow width, adding to the overall PGM potential.

Positive factors

  • Weak palladium grade (1.18 g/t) over a very narrow width (1.34m), contributing to the PGM mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“1.18”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · copperGrade: 0.21Grade Unit: %Intercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak copper mineralization over a very narrow width, adding to the overall polymetallic potential.

Positive factors

  • Weak copper grade (0.21%) over a very narrow width (1.34m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.21”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · nickelGrade: 0.41Grade Unit: %Intercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.41
Grade Unit
%
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows moderate nickel mineralization over a very narrow width, adding to the overall polymetallic potential.

Positive factors

  • Moderate nickel grade (0.41%) over a very narrow width (1.34m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.41”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · cobaltGrade: 413Grade Unit: ppmIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
413
Grade Unit
ppm
Intercept
1.34 m
From
172.66 m
To
174 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:172.66-174
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows cobalt mineralization over a very narrow width, adding to the overall polymetallic potential.

Positive factors

  • Cobalt mineralization (413 ppm) over a very narrow width (1.34m), contributing to the polymetallic nature of the deposit.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“413”

Context: 1.34

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · 3eGrade: 0.6Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
3e
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
10 m
From
311 m
To
321 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:311-321
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows weak 3E mineralization over a good width, adding to the overall resource potential.

Positive factors

  • Weak grade (0.60 g/t 3E) over a good width (10m), contributing to overall mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.60”

Context: 10.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

SWDD011W1Southwest · goldGrade: 0.02Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
SWDD011W1
Project
Southwest
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
TM1

Geometry

Grade
0.02
Grade Unit
g/t
Intercept
10 m
From
311 m
To
321 m
Hole Depth
427 m
Intercept Depth
160.21 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SWDD011W1:311-321
Mining Method
open_pit

Location

Location
Southwest
Easting
356544.4
Northing
7142107.2
CRS
GDA94 Zone 52
Elevation
528.8 m
Azimuth
55 °
Dip
-55 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t PtEq
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept shows trace gold mineralization over a good width, adding to the overall polymetallic potential.

Positive factors

  • Trace gold grade (0.02 g/t) over a good width (10m), contributing to the polymetallic nature of the mineralization.

Negative factors

  • True width not known, potentially overstating actual thickness.

Evidence · table

“0.02”

Context: 10.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.