TMS: Drilling Commences Testing Major Extensions of Bluebird

Original announcement by asx on

Company
Tennant Minerals Limited
Ticker
TMS
Exchange
ASX
Region
Northern Territory
Primary commodity
Copper
Secondary commodities
Gold, Bismuth, Silver
Document categories
Other, Resource update, Drill results
Extracted
2026-10-08 22:12:15 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Tennant Minerals Limited has commenced a multi-stage diamond drilling program at its Bluebird copper-gold-bismuth deposit in the Northern Territory, targeting major extensions and repetitions of the high-grade mineralization. This program follows detailed structural targeting and geophysical modelling, which identified a 1.5km strike-length structural corridor with potential to expand the mineralisation footprint by more than 10-fold, similar in scale to the Warrego deposit. The first diamond drillhole is testing a target 60m west of existing drilling, with further step-outs planned.

Reasoning: The company has commenced a new drilling program based on detailed structural and geophysical modelling, targeting significant extensions of the Bluebird deposit with potential for a Warrego-scale discovery. While no new results are presented, the strategic nature of the program and the scale of the target are positive.

Positive factors

  • new_drilling_program_commenced
  • targeting_major_extensions
  • warrego_scale_target_identified
  • potential_for_significant_expansion
  • detailed_structural_targeting_and_geophysical_modelling_completed

Negative factors

  • no_new_drill_results
  • mre_is_historical
  • metallurgical_work_mentioned_is_historical_or_planned

Facts used in scoring: 23

Classification and evidence

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Mineral Resource Estimate was compiled under the JORC 2012 reporting guidelines.

Evidence · text

“Mineral Resource Estimate was compiled for the Bluebird Deposit in October 2025 under the ‘Joint Ore Reserves Committee’ (JORC) 2012 reporting guidelines”

QP/CP Signedpositive

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

Why it applies: Mr Chris Ramsay, General Manager of Geology at Tennant Minerals Ltd and a Fellow of the AusIMM, consents to the inclusion of information in this report.

Evidence · text

“The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled and/or reviewed by Mr Chris Ramsay. Mr Ramsay is the General Manager of Geology at Tennant Minerals Ltd and a Fellow of the Australian Institute of Mining and Metallurgy (‘Fausi MM’).”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The Mineral Resource Estimate table explicitly states a 0.3% Copper cut-off.

Evidence · text

“Bluebird Mineral Resource Estimate by Classification October 2025 (0.3% Copper cut-off)”

Nearology Playneutral · Story-specific tag

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

Why it applies: The document repeatedly compares the target footprint to the Warrego deposit, stating it is 'similar in scale' and 'could contain a repeat'.

Evidence · text

“similar in scale to the 4.3MozEq* endowed Warrego deposit”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The Mineral Resource Estimate presented is from October 2025, making it over a year old at the time of this announcement (October 2026).

Evidence · text

“Mineral Resource Estimate was compiled for the Bluebird Deposit in October 2025”

Stale Data Re-releasenegative · Story-specific tag

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

Why it applies: The document references several historical drill intercepts from 2023 and 2026 as context for the new drilling program, without presenting new assay results.

Evidence · text

“Previous, exceptional intersections within this westerly plunging zone include: - 24m @ 11.8g/t Au, 0.66% Cu, incl. 5.7m @ 49.3 g/t Au, 0.74% Cu in BBDD00215”

Step-Out Extensionpositive · Story-specific tag

Mineralization extended beyond the previously known limit.

Why it applies: The new drilling program is explicitly described as testing for extensions and repetitions, with the first drillhole being a 60m step-out.

Evidence · text

“new drilling program testing for major extensions/repeats of the Bluebird high-grade copper-gold-bismuth deposit”

Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

Drill Results (15)

BBDD0050Bluebird East · goldGrade: 4Grade Unit: g/tIntercept: 18 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
4
Grade Unit
g/t
Intercept
18 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
10
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade gold intercept from BBDD0050, part of the context for the new drilling program.

Positive factors

  • high_grade
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“18m @ 10.0g/t AuEq*(4.0g/t Au, 1.9% Cu, 0.9% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0050Bluebird East · copperGrade: 1.9Grade Unit: %Intercept: 18 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
1.9
Grade Unit
%
Intercept
18 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
10
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade copper intercept from BBDD0050, part of the context for the new drilling program.

Positive factors

  • high_grade
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“18m @ 10.0g/t AuEq*(4.0g/t Au, 1.9% Cu, 0.9% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0050Bluebird East · bismuthGrade: 0.9Grade Unit: %Intercept: 18 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
bismuth
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
0.9
Grade Unit
%
Intercept
18 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
10
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade bismuth intercept from BBDD0050, part of the context for the new drilling program.

Positive factors

  • high_grade
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“18m @ 10.0g/t AuEq*(4.0g/t Au, 1.9% Cu, 0.9% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0050Bluebird East · goldGrade: 15.4Grade Unit: g/tIntercept: 4.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
15.4
Grade Unit
g/t
Intercept
4.55 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
34.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade gold sub-interval from BBDD0050, highlighting high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“4.55m @ 34.3g/t AuEq*(15.4g/t Au, 4.0% Cu, 3.5% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0050Bluebird East · copperGrade: 4Grade Unit: %Intercept: 4.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
4
Grade Unit
%
Intercept
4.55 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
34.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade copper sub-interval from BBDD0050, highlighting high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“4.55m @ 34.3g/t AuEq*(15.4g/t Au, 4.0% Cu, 3.5% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0050Bluebird East · bismuthGrade: 3.5Grade Unit: %Intercept: 4.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0050
Project
Bluebird East
Commodity
bismuth
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
3.5
Grade Unit
%
Intercept
4.55 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
34.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade bismuth sub-interval from BBDD0050, highlighting high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“4.55m @ 34.3g/t AuEq*(15.4g/t Au, 4.0% Cu, 3.5% Bi)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0021Bluebird East · goldGrade: 11.8Grade Unit: g/tIntercept: 24 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0021
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
11.8
Grade Unit
g/t
Intercept
24 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-03-07T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade gold intercept from BBDD0021, providing context for the new drilling program.

Positive factors

  • high_grade
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“24m @ 11.8g/t Au, 0.66% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0021Bluebird East · copperGrade: 0.66Grade Unit: %Intercept: 24 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0021
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
0.66
Grade Unit
%
Intercept
24 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-03-07T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical copper intercept from BBDD0021, providing context for the new drilling program.

Positive factors

  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“24m @ 11.8g/t Au, 0.66% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0021Bluebird East · goldGrade: 49.3Grade Unit: g/tIntercept: 5.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0021
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
49.3
Grade Unit
g/t
Intercept
5.7 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-03-07T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade gold sub-interval from BBDD0021, demonstrating high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“5.7m @ 49.3 g/t Au, 0.74% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0021Bluebird East · copperGrade: 0.74Grade Unit: %Intercept: 5.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0021
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
0.74
Grade Unit
%
Intercept
5.7 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-03-07T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical copper sub-interval from BBDD0021, demonstrating high-grade potential.

Positive factors

  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“5.7m @ 49.3 g/t Au, 0.74% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0018Bluebird East · goldGrade: 6.8Grade Unit: g/tIntercept: 30.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0018
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
30.5 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-02-08T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade gold intercept from BBDD0018, providing context for the new drilling program.

Positive factors

  • high_grade
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“30.5m @ 6.8 g/t Au, 6.2% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0018Bluebird East · copperGrade: 6.2Grade Unit: %Intercept: 30.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0018
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
6.2
Grade Unit
%
Intercept
30.5 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-02-08T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade copper intercept from BBDD0018, providing context for the new drilling program.

Positive factors

  • bonanza_intercept
  • significant_width

Negative factors

  • stale_data_re_release

Evidence · text

“30.5m @ 6.8 g/t Au, 6.2% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0018Bluebird East · goldGrade: 11.5Grade Unit: g/tIntercept: 17.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0018
Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
11.5
Grade Unit
g/t
Intercept
17.8 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-02-08T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade gold sub-interval from BBDD0018, demonstrating high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“17.8m @ 11.5 g/t Au, 5.2% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

BBDD0018Bluebird East · copperGrade: 5.2Grade Unit: %Intercept: 17.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD0018
Project
Bluebird East
Commodity
copper
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
5.2
Grade Unit
%
Intercept
17.8 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2023-02-08T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical bonanza-grade copper sub-interval from BBDD0018, demonstrating high-grade potential.

Positive factors

  • bonanza_intercept
  • high_grade

Negative factors

  • stale_data_re_release

Evidence · text

“17.8m @ 11.5 g/t Au, 5.2% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Fact 15Bluebird East · goldGrade: 8.2Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Bluebird East
Commodity
gold
Region
australia_nt
Reported Region
australia_nt
Ticker
TMS

Geometry

Grade
8.2
Grade Unit
g/t
Intercept
1.5 m

Classification

Sample Type
drill

Location

Location
Perseverance magnetic zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical high-grade gold intersection in the hanging-wall of the Perseverance magnetic zone, indicating potential.

Positive factors

  • high_grade

Negative factors

  • stale_data_re_release
  • narrow_width

Evidence · text

“1.5m @ 8.2 g/t Au2”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Resource Estimates (8)

indicatedBluebird · copperTonnes: 1070000Grade: 1.43Grade Unit: %Contained Metal: 15400Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
copper
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:51707f1c4ce769bae29c

Resource Data

Category
indicated
Tonnes
1070000
Grade
1.43
Grade Unit
%
Contained Metal
15400
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
3.43
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Indicated Copper resource from October 2025 MRE.

Positive factors

  • indicated_resource

Negative factors

  • stale_estimate

Evidence · table

“1.43”

Context: 1,070,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBluebird · goldTonnes: 1070000Grade: 1.26Grade Unit: g/tContained Metal: 43500Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
gold
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:51707f1c4ce769bae29c

Resource Data

Category
indicated
Tonnes
1070000
Grade
1.26
Grade Unit
g/t
Contained Metal
43500
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
3.43
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Indicated Gold resource from October 2025 MRE.

Positive factors

  • indicated_resource

Negative factors

  • stale_estimate

Evidence · table

“1.26”

Context: 1,070,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBluebird · silverTonnes: 1070000Grade: 3.47Grade Unit: g/tContained Metal: 119300Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
silver
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:51707f1c4ce769bae29c

Resource Data

Category
indicated
Tonnes
1070000
Grade
3.47
Grade Unit
g/t
Contained Metal
119300
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
3.43
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Indicated Silver resource from October 2025 MRE.

Positive factors

  • indicated_resource

Negative factors

  • stale_estimate

Evidence · table

“3.47”

Context: 1,070,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBluebird · bismuthTonnes: 1070000Grade: 824Grade Unit: g/tContained Metal: 882Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
bismuth
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:51707f1c4ce769bae29c

Resource Data

Category
indicated
Tonnes
1070000
Grade
824
Grade Unit
g/t
Contained Metal
882
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
3.43
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Indicated Bismuth resource from October 2025 MRE.

Positive factors

  • indicated_resource

Negative factors

  • stale_estimate

Evidence · table

“824”

Context: 1,070,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBluebird · copperTonnes: 510000Grade: 1.02Grade Unit: %Contained Metal: 5200Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
copper
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:de0b05bac5891add31ef

Resource Data

Category
inferred
Tonnes
510000
Grade
1.02
Grade Unit
%
Contained Metal
5200
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
2.08
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Inferred Copper resource from October 2025 MRE.

Positive factors

  • inferred_resource

Negative factors

  • stale_estimate

Evidence · table

“1.02”

Context: 510,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBluebird · goldTonnes: 510000Grade: 0.57Grade Unit: g/tContained Metal: 9400Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
gold
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:de0b05bac5891add31ef

Resource Data

Category
inferred
Tonnes
510000
Grade
0.57
Grade Unit
g/t
Contained Metal
9400
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
2.08
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Inferred Gold resource from October 2025 MRE.

Positive factors

  • inferred_resource

Negative factors

  • stale_estimate

Evidence · table

“0.57”

Context: 510,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBluebird · silverTonnes: 510000Grade: 0.99Grade Unit: g/tContained Metal: 16300Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
silver
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:de0b05bac5891add31ef

Resource Data

Category
inferred
Tonnes
510000
Grade
0.99
Grade Unit
g/t
Contained Metal
16300
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
2.08
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Inferred Silver resource from October 2025 MRE.

Positive factors

  • inferred_resource

Negative factors

  • stale_estimate

Evidence · table

“0.99”

Context: 510,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBluebird · bismuthTonnes: 510000Grade: 871Grade Unit: g/tContained Metal: 444Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bluebird
Commodity
bismuth
Region
australia_nt
Reported Region
Northern Territory
Ticker
TMS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Ramsay
Resource group id
resource:de0b05bac5891add31ef

Resource Data

Category
inferred
Tonnes
510000
Grade
871
Grade Unit
g/t
Contained Metal
444
Contained Unit
t
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-10-01

Metal Equivalent

Metal Eq. Grade
2.08
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Historical Inferred Bismuth resource from October 2025 MRE.

Positive factors

  • inferred_resource

Negative factors

  • stale_estimate

Evidence · table

“871”

Context: 510,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

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.