# TM1: SOUTHWEST DELIVERS HIGH-GRADE PGM MINERALISATION FROM SURFAC Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152072 Publisher: asx Original announcement: 2026-10-13T22:20:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T23:27:24.376Z Atlas analysis updated: 2026-10-13T23:27:24.376Z - 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 Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: High-grade intercepts, including 5.60m @ 4.29g/t PGE3, 0.43% Cu, 0.46% Ni, which is significantly higher than previous best grades. - Positive factor: Thick intercepts, such as 194m at 1.01g/t 3E and 200m at 0.75g/t PGE3, demonstrating substantial mineralization. - Positive factor: Mineralization extends to surface, supporting potential for low-strip open-cut mining. - Positive factor: Consistency and continuity of high-grade reefs confirmed at depth within the central targeted resource area. - Positive factor: Significant opportunity for resource expansion indicated by drilling results. - Positive factor: Maiden Mineral Resource Estimate targeted for Q1 CY2027, indicating project advancement. - Positive factor: JORC compliant reporting with detailed QA/QC procedures, including certified lab and QP sign-off. - Negative factor: True widths are not yet known for reported intercepts, which may overstate actual thickness. - Negative factor: Assays are pending for portions of some holes, indicating incomplete results for the current program. - Negative factor: 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 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 81. Some facts used in scoring do not have a stored record. ## Drill Results (81) ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-0) Southwest · 3e #### 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 factor: Thick intercept \(194m\) with moderate grade \(1.01 g/t 3E\), indicating significant mineralization continuity. - Positive factor: Intercept starts at shallow depth \(15m\), supporting open-cut mining potential. - Positive factor: GT product of 195.94 g/t\*m is strong, exceeding prior best GT product for 3E \(153.9 g/t\*m\). - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-1) Southwest · nickel #### 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 factor: Thick intercept \(194m\) with weak nickel grade \(0.17%\), contributing to overall polymetallic potential. - Positive factor: Intercept starts at shallow depth \(15m\), supporting open-cut mining potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-2) Southwest · 3e #### 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 factor: Moderate grade \(1.84 g/t PGE3\) over a good width \(24m\), indicating a significant higher-grade zone within the broader intercept. - Positive factor: GT product of 44.16 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-3) Southwest · copper #### 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 factor: Weak copper grade \(0.19%\) over a good width \(24m\), contributing to the polymetallic nature of the mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-4) Southwest · nickel #### 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 factor: Weak nickel grade \(0.27%\) over a good width \(24m\), contributing to the polymetallic nature of the mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-5) Southwest · 3e #### 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 factor: Strong grade \(2.94 g/t PGE3\) over a narrow width \(5m\), indicating a high-grade zone. - Positive factor: GT product of 14.7 g/t\*m is weak, but the high grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-6) Southwest · copper #### 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 factor: Moderate copper grade \(0.29%\) over a narrow width \(5m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-7) Southwest · nickel #### 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 factor: Moderate nickel grade \(0.35%\) over a narrow width \(5m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-8) Southwest · 3e #### 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 factor: Strong grade \(3.53 g/t PGE3\) over a good width \(9m\), indicating a significant high-grade zone at depth. - Positive factor: GT product of 31.77 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-9) Southwest · copper #### 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 factor: Weak copper grade \(0.21%\) over a good width \(9m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC106 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-10) Southwest · nickel #### 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 factor: Weak nickel grade \(0.25%\) over a good width \(9m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-11) Southwest · 3e #### 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 factor: Very thick intercept \(200m\) with weak grade \(0.75 g/t PGE3\), indicating broad mineralization from surface. - Positive factor: Intercept starts at surface, supporting open-cut mining potential. - Positive factor: GT product of 150 g/t\*m is strong, comparable to prior best GT product for 3E \(153.9 g/t\*m\). - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-12) Southwest · nickel #### 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 factor: Very thick intercept \(200m\) with weak nickel grade \(0.16%\), contributing to overall polymetallic potential. - Positive factor: Intercept starts at surface, supporting open-cut mining potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-13) Southwest · 3e #### 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 factor: Moderate grade \(1.11 g/t PGE3\) over a good width \(35m\), indicating a significant higher-grade zone within the broader intercept. - Positive factor: GT product of 38.85 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-14) Southwest · copper #### 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 factor: Weak copper grade \(0.12%\) over a good width \(35m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-15) Southwest · nickel #### 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 factor: Weak nickel grade \(0.21%\) over a good width \(35m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-16) Southwest · 3e #### 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 factor: Thick intercept \(79m\) with moderate grade \(1.08 g/t PGE3\), indicating significant mineralization continuity. - Positive factor: GT product of 85.32 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-17) Southwest · copper #### 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 factor: Weak copper grade \(0.10%\) over a good width \(79m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-18) Southwest · nickel #### 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 factor: Weak nickel grade \(0.16%\) over a good width \(79m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-19) Southwest · 3e #### 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 factor: Moderate grade \(1.74 g/t PGE3\) over a narrow width \(6m\), indicating a high-grade zone. - Positive factor: GT product of 10.44 g/t\*m is weak, but the grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-20) Southwest · copper #### 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 factor: Weak copper grade \(0.17%\) over a narrow width \(6m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-21) Southwest · nickel #### 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 factor: Weak nickel grade \(0.18%\) over a narrow width \(6m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-22) Southwest · 3e #### 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 factor: Strong grade \(3.03 g/t PGE3\) over a narrow width \(3m\), indicating a high-grade zone at depth. - Positive factor: GT product of 9.09 g/t\*m is weak, but the high grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC105 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-23) Southwest · nickel #### 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 factor: Weak nickel grade \(0.16%\) over a narrow width \(3m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-24) Southwest · 3e #### 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 factor: Thick intercept \(129m\) with moderate grade \(0.98 g/t PGE3\), indicating significant mineralization continuity. - Positive factor: GT product of 126.42 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-25) Southwest · nickel #### 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 factor: Thick intercept \(129m\) with weak nickel grade \(0.15%\), contributing to overall polymetallic potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-26) Southwest · 3e #### 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 factor: Moderate grade \(1.46 g/t PGE3\) over a good width \(20m\), indicating a significant higher-grade zone within the broader intercept. - Positive factor: GT product of 29.2 g/t\*m is weak, but the grade and width are notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-27) Southwest · copper #### 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 factor: Weak copper grade \(0.11%\) over a good width \(20m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-28) Southwest · nickel #### 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 factor: Weak nickel grade \(0.20%\) over a good width \(20m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-29) Southwest · 3e #### 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 factor: Strong grade \(2.09 g/t PGE3\) over a narrow width \(4m\), indicating a high-grade zone. - Positive factor: GT product of 8.36 g/t\*m is weak, but the high grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-30) Southwest · copper #### 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 factor: Weak copper grade \(0.15%\) over a narrow width \(4m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-31) Southwest · nickel #### 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 factor: Weak nickel grade \(0.24%\) over a narrow width \(4m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-32) Southwest · 3e #### 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 factor: Strong grade \(3.39 g/t PGE3\) over a good width \(8m\), indicating a significant high-grade zone at depth. - Positive factor: GT product of 27.12 g/t\*m is weak, but the high grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-33) Southwest · copper #### 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 factor: Weak copper grade \(0.14%\) over a good width \(8m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRC107 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-34) Southwest · nickel #### 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 factor: Weak nickel grade \(0.22%\) over a good width \(8m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-35) Southwest · 3e #### 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 factor: Very thick intercept \(181.02m\) with moderate grade \(1.12 g/t PGE3\), indicating significant mineralization continuity at depth. - Positive factor: GT product of 202.72 g/t\*m is strong, exceeding prior best GT product for 3E \(153.9 g/t\*m\). - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-36) Southwest · copper #### 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 factor: Very thick intercept \(181.02m\) with weak copper grade \(0.12%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-37) Southwest · nickel #### 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 factor: Very thick intercept \(181.02m\) with weak nickel grade \(0.15%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-38) Southwest · 3e #### 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 factor: Moderate grade \(1.69 g/t PGE3\) over a thick width \(56.87m\), indicating a significant higher-grade zone within the broader intercept. - Positive factor: GT product of 96.12 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-39) Southwest · copper #### 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 factor: Weak copper grade \(0.14%\) over a thick width \(56.87m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWRD078 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-40) Southwest · nickel #### 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 factor: Weak nickel grade \(0.19%\) over a thick width \(56.87m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-41) Southwest · 3e #### 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 factor: Thick intercept \(105.43m\) with moderate grade \(1.03 g/t PGE3\), indicating significant mineralization continuity at depth. - Positive factor: GT product of 108.56 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-42) Southwest · copper #### 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 factor: Thick intercept \(105.43m\) with weak copper grade \(0.12%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-43) Southwest · nickel #### 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 factor: Thick intercept \(105.43m\) with weak nickel grade \(0.18%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-44) Southwest · 3e #### 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 factor: Strong grade \(2.26 g/t PGE3\) over a good width \(16.75m\), indicating a significant high-grade zone at depth. - Positive factor: GT product of 37.85 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-45) Southwest · copper #### 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 factor: Moderate copper grade \(0.30%\) over a good width \(16.75m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-46) Southwest · nickel #### 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 factor: Weak nickel grade \(0.29%\) over a good width \(16.75m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-47) Southwest · 3e #### 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 factor: Strong grade \(3.71 g/t PGE3\) over a narrow width \(4.33m\), indicating a high-grade zone at depth. - Positive factor: GT product of 16.07 g/t\*m is weak, but the high grade is notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-48) Southwest · copper #### 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 factor: Moderate copper grade \(0.35%\) over a narrow width \(4.33m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-49) Southwest · nickel #### 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 factor: Moderate nickel grade \(0.47%\) over a narrow width \(4.33m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-50) Southwest · 3e #### 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 factor: Thick intercept \(126m\) with moderate grade \(0.98 g/t PGE3\), indicating significant mineralization continuity at depth. - Positive factor: GT product of 123.48 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: True width not known, potentially overstating actual thickness. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-51) Southwest · copper #### 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 factor: Thick intercept \(126m\) with weak copper grade \(0.12%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-52) Southwest · nickel #### 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 factor: Thick intercept \(126m\) with weak nickel grade \(0.16%\), contributing to overall polymetallic potential at depth. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-53) Southwest · 3e #### 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 factor: Thick intercept \(103m\) with moderate grade \(1.10 g/t PGE3\), indicating significant mineralization continuity at depth. - Positive factor: GT product of 113.3 g/t\*m is strong, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-54) Southwest · copper #### 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 factor: Weak copper grade \(0.12%\) over a thick width \(103m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-55) Southwest · nickel #### 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 factor: Weak nickel grade \(0.19%\) over a thick width \(103m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-56) Southwest · 3e #### 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 factor: Moderate grade \(1.37 g/t PGE3\) over a thick width \(42.31m\), indicating a significant higher-grade zone within the broader intercept. - Positive factor: GT product of 57.96 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-57) Southwest · copper #### 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 factor: Weak copper grade \(0.21%\) over a thick width \(42.31m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-58) Southwest · nickel #### 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 factor: Weak nickel grade \(0.17%\) over a thick width \(42.31m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-59) Southwest · 3e #### 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 factor: Strong grade \(2.51 g/t PGE3\) over a good width \(17.60m\), indicating a significant high-grade zone at depth. - Positive factor: GT product of 44.17 g/t\*m is moderate, contributing positively to the overall resource potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-60) Southwest · copper #### 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 factor: Moderate copper grade \(0.37%\) over a good width \(17.60m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-61) Southwest · nickel #### 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 factor: Weak nickel grade \(0.29%\) over a good width \(17.60m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-62) Southwest · 3e #### 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 factor: Strong grade \(4.29 g/t PGE3\) over a narrow width \(5.60m\), indicating a bonanza high-grade zone at depth. - Positive factor: GT product of 24.02 g/t\*m is weak, but the exceptional grade is highly notable. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-63) Southwest · copper #### 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 factor: Moderate copper grade \(0.43%\) over a narrow width \(5.60m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W2 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-64) Southwest · nickel #### 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 factor: Moderate nickel grade \(0.46%\) over a narrow width \(5.60m\), contributing to the polymetallic nature of the high-grade zone. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-65) Southwest · 3e #### 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 factor: Weak grade \(0.53 g/t 3E\) over a good width \(18.11m\), contributing to overall mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.53 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-66) Southwest · gold #### 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 factor: Trace gold grade \(0.02 g/t\) over a good width \(18.11m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.02 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-67) Southwest · platinum #### 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 factor: Weak platinum grade \(0.22 g/t\) over a good width \(18.11m\), contributing to the PGM mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.22 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-68) Southwest · palladium #### 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 factor: Weak palladium grade \(0.30 g/t\) over a good width \(18.11m\), contributing to the PGM mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.30 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-69) Southwest · copper #### 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 factor: Weak copper grade \(0.09%\) over a good width \(18.11m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.09 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-70) Southwest · nickel #### 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 factor: Weak nickel grade \(0.09%\) over a good width \(18.11m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.09 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-71) Southwest · cobalt #### 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 factor: Cobalt mineralization \(130 ppm\) over a good width \(18.11m\), contributing to the polymetallic nature of the deposit. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 130 Context: 18.11 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-72) Southwest · 3e #### 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 factor: Strong grade \(2.06 g/t 3E\) over a very narrow width \(1.34m\), indicating a high-grade zone. - Positive factor: GT product of 2.76 g/t\*m is weak, but the high grade is notable. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 2.06 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-73) Southwest · gold #### 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 factor: Trace gold grade \(0.03 g/t\) over a very narrow width \(1.34m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.03 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-74) Southwest · platinum #### 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 factor: Weak platinum grade \(0.86 g/t\) over a very narrow width \(1.34m\), contributing to the PGM mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.86 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-75) Southwest · palladium #### 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 factor: Weak palladium grade \(1.18 g/t\) over a very narrow width \(1.34m\), contributing to the PGM mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 1.18 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-76) Southwest · copper #### 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 factor: Weak copper grade \(0.21%\) over a very narrow width \(1.34m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.21 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-77) Southwest · nickel #### 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 factor: Moderate nickel grade \(0.41%\) over a very narrow width \(1.34m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.41 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-78) Southwest · cobalt #### 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 factor: Cobalt mineralization \(413 ppm\) over a very narrow width \(1.34m\), contributing to the polymetallic nature of the deposit. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 413 Context: 1.34 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-79) Southwest · 3e #### 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 factor: Weak grade \(0.60 g/t 3E\) over a good width \(10m\), contributing to overall mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.60 Context: 10.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated ### SWDD011W1 [Link to this fact](https://atlas-staging.minestarters.com/news/tm1-southwest-delivers-high-grade-pgm-mineralisation-from-surfac--de6288e6-698b-44fc-b2be-b50ad291ffc3#fact-drill-facts-80) Southwest · gold #### 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 factor: Trace gold grade \(0.02 g/t\) over a good width \(10m\), contributing to the polymetallic nature of the mineralization. - Negative factor: True width not known, potentially overstating actual thickness. Evidence · table > 0.02 Context: 10.00 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: 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.