VMS: Red Mountain MRE Updated with Strontium and Magnesium
Original announcement by asx on
- Company
- Venari Minerals NL
- Ticker
- VMS
- Exchange
- ASX
- Region
- Nevada, USA
- Primary commodity
- Lithium
- Secondary commodities
- Strontium, Magnesium
- Document categories
- Resource update, Drill results, Metallurgy
- Extracted
- 2026-10-05 23:08:53 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Venari Minerals has updated its Red Mountain Mineral Resource Estimate (MRE) to include significant strontium and magnesium by-products, alongside the previously estimated lithium. This enhancement positions Red Mountain as the only MRE in the USA containing strontium, a strategic material for which the US is 100% import-dependent, and adds substantial economic potential to the project. The MRE now comprises 500Mt at 0.61% LCE, 0.53% Strontium Carbonate Equivalent (SCE), and 2.40% Mg, all in the Inferred category.
Reasoning: The MRE update significantly enhances the project's value and strategic importance by incorporating high-value strontium and magnesium by-products, positioning it uniquely in the US market for strategic materials, despite the resource remaining entirely in the Inferred category.
Positive factors
- Addition of high-value strategic by-products (strontium, magnesium)
- Red Mountain is the only MRE in the USA containing strontium
- Strontium is a US Strategic Material with 100% import dependence
- Magnesium is a US Critical Mineral with 59% import dependence
- By-products enhance economic potential and revenue optionality
- JORC compliant MRE
- QP/CP signed off
- Clear MRE expansion upside
- Ongoing infill drilling for MRE upgrade
- Comprehensive metallurgical test-work program underway
Negative factors
- All resources are Inferred
- By-products are not economic to mine on their own
- No new metallurgical results presented for by-products
- Drill intersections are historical, only updated with new elements
Facts used in scoring: 105
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a mill_cil route ("concentrator")
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
POX/BIOX Routeneutral
Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
Why it applies: the document describes a pox_biox route ("roasting")
Extracted facts
Stored fact records: 105. Some facts used in scoring do not have a stored record.
Drill Results (42)
RMRC001Red Mountain Lithium and Strategic Metals · lithiumGrade: 1300Grade Unit: ppmIntercept: 59.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC001
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1300
- Grade Unit
- ppm
- Intercept
- 59.4 m
- From
- 73.2 m
- To
- 132.6 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC001:73.2-132.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637610.2
- Northing
- 4285588.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1732.2 m
- Azimuth
- 179.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC001 intersected 59.4m @ 1,300ppm Li, 2,170ppm Sr and 2.5% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC001Red Mountain Lithium and Strategic Metals · strontiumGrade: 2170Grade Unit: ppmIntercept: 59.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC001
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2170
- Grade Unit
- ppm
- Intercept
- 59.4 m
- From
- 73.2 m
- To
- 132.6 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC001:73.2-132.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637610.2
- Northing
- 4285588.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1732.2 m
- Azimuth
- 179.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC001 intersected 59.4m @ 1,300ppm Li, 2,170ppm Sr and 2.5% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC001Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.5Grade Unit: %Intercept: 59.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC001
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.5
- Grade Unit
- %
- Intercept
- 59.4 m
- From
- 73.2 m
- To
- 132.6 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC001:73.2-132.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637610.2
- Northing
- 4285588.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1732.2 m
- Azimuth
- 179.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC001 intersected 59.4m @ 1,300ppm Li, 2,170ppm Sr and 2.5% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC002Red Mountain Lithium and Strategic Metals · lithiumGrade: 707Grade Unit: ppmIntercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC002
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 707
- Grade Unit
- ppm
- Intercept
- 15.2 m
- From
- 10.7 m
- To
- 25.9 m
- Intercept Depth
- 10.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC002:10.7-25.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept above cut-off grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Above cut-off grade
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC002 intersected 15.2m @ 707ppm Li, 1,710ppm Sr and 2.9% Mg from 10.7m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC002Red Mountain Lithium and Strategic Metals · strontiumGrade: 1710Grade Unit: ppmIntercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC002
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1710
- Grade Unit
- ppm
- Intercept
- 15.2 m
- From
- 10.7 m
- To
- 25.9 m
- Intercept Depth
- 10.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC002:10.7-25.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC002 intersected 15.2m @ 707ppm Li, 1,710ppm Sr and 2.9% Mg from 10.7m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC002Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.9Grade Unit: %Intercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC002
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.9
- Grade Unit
- %
- Intercept
- 15.2 m
- From
- 10.7 m
- To
- 25.9 m
- Intercept Depth
- 10.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC002:10.7-25.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC002 intersected 15.2m @ 707ppm Li, 1,710ppm Sr and 2.9% Mg from 10.7m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · lithiumGrade: 1050Grade Unit: ppmIntercept: 6.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1050
- Grade Unit
- ppm
- Intercept
- 6.1 m
- From
- 0 m
- To
- 6.1 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:0-6.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical near-surface lithium intercept with good grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade for lithium
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 6.1m @ 1,050ppm Li, 1,090ppm Sr and 2.8% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · strontiumGrade: 1090Grade Unit: ppmIntercept: 6.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1090
- Grade Unit
- ppm
- Intercept
- 6.1 m
- From
- 0 m
- To
- 6.1 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:0-6.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical near-surface intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 6.1m @ 1,050ppm Li, 1,090ppm Sr and 2.8% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.8Grade Unit: %Intercept: 6.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.8
- Grade Unit
- %
- Intercept
- 6.1 m
- From
- 0 m
- To
- 6.1 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:0-6.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical near-surface intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 6.1m @ 1,050ppm Li, 1,090ppm Sr and 2.8% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · lithiumGrade: 856Grade Unit: ppmIntercept: 18.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 856
- Grade Unit
- ppm
- Intercept
- 18.3 m
- From
- 12.2 m
- To
- 30.5 m
- Intercept Depth
- 12.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:12.2-30.5
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept above cut-off grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Above cut-off grade
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 18.3m @ 856ppm Li, 2,220ppm Sr and 3% Mg from 12.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · strontiumGrade: 2220Grade Unit: ppmIntercept: 18.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2220
- Grade Unit
- ppm
- Intercept
- 18.3 m
- From
- 12.2 m
- To
- 30.5 m
- Intercept Depth
- 12.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:12.2-30.5
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 18.3m @ 856ppm Li, 2,220ppm Sr and 3% Mg from 12.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC003Red Mountain Lithium and Strategic Metals · magnesiumGrade: 3Grade Unit: %Intercept: 18.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC003
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 3
- Grade Unit
- %
- Intercept
- 18.3 m
- From
- 12.2 m
- To
- 30.5 m
- Intercept Depth
- 12.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC003:12.2-30.5
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637104.6
- Northing
- 4290200.8
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1723.8 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC003 intersected 18.3m @ 856ppm Li, 2,220ppm Sr and 3% Mg from 12.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · lithiumGrade: 1070Grade Unit: ppmIntercept: 13.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1070
- Grade Unit
- ppm
- Intercept
- 13.7 m
- From
- 0 m
- To
- 13.7 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:0-13.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical near-surface lithium intercept with good grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade for lithium
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 13.7m @ 1,070ppm Li, 776ppm Sr and 2.7% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · strontiumGrade: 776Grade Unit: ppmIntercept: 13.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 776
- Grade Unit
- ppm
- Intercept
- 13.7 m
- From
- 0 m
- To
- 13.7 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:0-13.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical near-surface intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 13.7m @ 1,070ppm Li, 776ppm Sr and 2.7% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.7Grade Unit: %Intercept: 13.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.7
- Grade Unit
- %
- Intercept
- 13.7 m
- From
- 0 m
- To
- 13.7 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:0-13.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical near-surface intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 13.7m @ 1,070ppm Li, 776ppm Sr and 2.7% Mg from 0m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · lithiumGrade: 1230Grade Unit: ppmIntercept: 83.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1230
- Grade Unit
- ppm
- Intercept
- 83.8 m
- From
- 16.8 m
- To
- 100.6 m
- Intercept Depth
- 16.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:16.8-100.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and significant width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and significant width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 83.8m @ 1,230ppm Li, 2,870ppm Sr and 2.7% Mg from 16.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · strontiumGrade: 2870Grade Unit: ppmIntercept: 83.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2870
- Grade Unit
- ppm
- Intercept
- 83.8 m
- From
- 16.8 m
- To
- 100.6 m
- Intercept Depth
- 16.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:16.8-100.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and significant width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 83.8m @ 1,230ppm Li, 2,870ppm Sr and 2.7% Mg from 16.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC004Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.7Grade Unit: %Intercept: 83.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC004
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.7
- Grade Unit
- %
- Intercept
- 83.8 m
- From
- 16.8 m
- To
- 100.6 m
- Intercept Depth
- 16.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC004:16.8-100.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637782.2
- Northing
- 4288743.1
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1731.4 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and significant width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC004 intersected 83.8m @ 1,230ppm Li, 2,870ppm Sr and 2.7% Mg from 16.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · lithiumGrade: 656Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 656
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 3 m
- To
- 28.9 m
- Intercept Depth
- 3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:3-28.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical near-surface lithium intercept above cut-off grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Above cut-off grade
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 25.9m @ 656ppm Li, 1,550ppm Sr and 1.3% Mg from 3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · strontiumGrade: 1550Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1550
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 3 m
- To
- 28.9 m
- Intercept Depth
- 3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:3-28.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical near-surface intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 25.9m @ 656ppm Li, 1,550ppm Sr and 1.3% Mg from 3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.3Grade Unit: %Intercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.3
- Grade Unit
- %
- Intercept
- 25.9 m
- From
- 3 m
- To
- 28.9 m
- Intercept Depth
- 3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:3-28.9
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical near-surface intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Near surface
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 25.9m @ 656ppm Li, 1,550ppm Sr and 1.3% Mg from 3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · lithiumGrade: 1270Grade Unit: ppmIntercept: 80.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1270
- Grade Unit
- ppm
- Intercept
- 80.8 m
- From
- 56.4 m
- To
- 137.2 m
- Intercept Depth
- 56.4 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:56.4-137.2
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and significant width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and significant width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 80.8m @ 1,270ppm Li, 5,500ppm Sr and 1.9% Mg from 56.4m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · strontiumGrade: 5500Grade Unit: ppmIntercept: 80.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 5500
- Grade Unit
- ppm
- Intercept
- 80.8 m
- From
- 56.4 m
- To
- 137.2 m
- Intercept Depth
- 56.4 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:56.4-137.2
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of high-grade strontium for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- High grade and significant width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 80.8m @ 1,270ppm Li, 5,500ppm Sr and 1.9% Mg from 56.4m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC005Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.9Grade Unit: %Intercept: 80.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC005
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 80.8 m
- From
- 56.4 m
- To
- 137.2 m
- Intercept Depth
- 56.4 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC005:56.4-137.2
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637320.8
- Northing
- 4288194.4
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 270.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and significant width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC005 intersected 80.8m @ 1,270ppm Li, 5,500ppm Sr and 1.9% Mg from 56.4m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · lithiumGrade: 1070Grade Unit: ppmIntercept: 62.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1070
- Grade Unit
- ppm
- Intercept
- 62.5 m
- From
- 6.1 m
- To
- 68.6 m
- Intercept Depth
- 6.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:6.1-68.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and significant width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and significant width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 62.5m @ 1,070ppm Li, 3,580ppm Sr and 1.9% Mg from 6.1m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · strontiumGrade: 3580Grade Unit: ppmIntercept: 62.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 3580
- Grade Unit
- ppm
- Intercept
- 62.5 m
- From
- 6.1 m
- To
- 68.6 m
- Intercept Depth
- 6.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:6.1-68.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and significant width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 62.5m @ 1,070ppm Li, 3,580ppm Sr and 1.9% Mg from 6.1m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.9Grade Unit: %Intercept: 62.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 62.5 m
- From
- 6.1 m
- To
- 68.6 m
- Intercept Depth
- 6.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:6.1-68.6
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and significant width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 62.5m @ 1,070ppm Li, 3,580ppm Sr and 1.9% Mg from 6.1m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · lithiumGrade: 896Grade Unit: ppmIntercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 896
- Grade Unit
- ppm
- Intercept
- 15.2 m
- From
- 71.6 m
- To
- 86.8 m
- Intercept Depth
- 71.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:71.6-86.8
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept above cut-off grade, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Above cut-off grade
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 15.2m @ 896ppm Li, 2,040ppm Sr and 1.4% Mg from 71.6m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · strontiumGrade: 2040Grade Unit: ppmIntercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2040
- Grade Unit
- ppm
- Intercept
- 15.2 m
- From
- 71.6 m
- To
- 86.8 m
- Intercept Depth
- 71.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:71.6-86.8
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 15.2m @ 896ppm Li, 2,040ppm Sr and 1.4% Mg from 71.6m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.4Grade Unit: %Intercept: 15.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.4
- Grade Unit
- %
- Intercept
- 15.2 m
- From
- 71.6 m
- To
- 86.8 m
- Intercept Depth
- 71.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:71.6-86.8
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 15.2m @ 896ppm Li, 2,040ppm Sr and 1.4% Mg from 71.6m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · lithiumGrade: 1090Grade Unit: ppmIntercept: 70.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1090
- Grade Unit
- ppm
- Intercept
- 70.1 m
- From
- 89.9 m
- To
- 160 m
- Intercept Depth
- 89.9 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:89.9-160
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and significant width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and significant width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 70.1m @ 1,090ppm Li, 3,000ppm Sr and 1.8% Mg from 89.9m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · strontiumGrade: 3000Grade Unit: ppmIntercept: 70.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 3000
- Grade Unit
- ppm
- Intercept
- 70.1 m
- From
- 89.9 m
- To
- 160 m
- Intercept Depth
- 89.9 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:89.9-160
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and significant width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 70.1m @ 1,090ppm Li, 3,000ppm Sr and 1.8% Mg from 89.9m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC006Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.8Grade Unit: %Intercept: 70.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC006
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.8
- Grade Unit
- %
- Intercept
- 70.1 m
- From
- 89.9 m
- To
- 160 m
- Intercept Depth
- 89.9 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC006:89.9-160
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637341
- Northing
- 4288618
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1719.7 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and significant width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC006 intersected 70.1m @ 1,090ppm Li, 3,000ppm Sr and 1.8% Mg from 89.9m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · lithiumGrade: 1150Grade Unit: ppmIntercept: 74.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1150
- Grade Unit
- ppm
- Intercept
- 74.7 m
- From
- 18.3 m
- To
- 93 m
- Intercept Depth
- 18.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:18.3-93
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and significant width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and significant width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 74.7m @ 1,150ppm Li, 3,030ppm Sr and 1.9% Mg from 18.3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · strontiumGrade: 3030Grade Unit: ppmIntercept: 74.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 3030
- Grade Unit
- ppm
- Intercept
- 74.7 m
- From
- 18.3 m
- To
- 93 m
- Intercept Depth
- 18.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:18.3-93
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and significant width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 74.7m @ 1,150ppm Li, 3,030ppm Sr and 1.9% Mg from 18.3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.9Grade Unit: %Intercept: 74.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 74.7 m
- From
- 18.3 m
- To
- 93 m
- Intercept Depth
- 18.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:18.3-93
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and significant width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 74.7m @ 1,150ppm Li, 3,030ppm Sr and 1.9% Mg from 18.3m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · lithiumGrade: 1580Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1580
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 115.8 m
- To
- 141.7 m
- Intercept Depth
- 115.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:115.8-141.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical high-grade lithium intercept with good width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- High grade for lithium
- Good width
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 25.9m @ 1,580ppm Li, 4,450ppm Sr and 2.5% Mg from 115.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · strontiumGrade: 4450Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 4450
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 115.8 m
- To
- 141.7 m
- Intercept Depth
- 115.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:115.8-141.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of high-grade strontium for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- High grade and good width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 25.9m @ 1,580ppm Li, 4,450ppm Sr and 2.5% Mg from 115.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC007Red Mountain Lithium and Strategic Metals · magnesiumGrade: 2.5Grade Unit: %Intercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC007
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2.5
- Grade Unit
- %
- Intercept
- 25.9 m
- From
- 115.8 m
- To
- 141.7 m
- Intercept Depth
- 115.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC007:115.8-141.7
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637327
- Northing
- 4288197
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1707.7 m
- Azimuth
- 269.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and good width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC007 intersected 25.9m @ 1,580ppm Li, 4,450ppm Sr and 2.5% Mg from 115.8m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC008Red Mountain Lithium and Strategic Metals · lithiumGrade: 1120Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC008
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1120
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 73.2 m
- To
- 99.1 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC008:73.2-99.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637516
- Northing
- 4286902
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1724.1 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical lithium intercept with good grade and width, now re-reported with additional elements, but still an inferred resource.
Positive factors
- Good grade and width for lithium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC008 intersected 25.9m @ 1,120ppm Li, 2,000ppm Sr and 1.9% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC008Red Mountain Lithium and Strategic Metals · strontiumGrade: 2000Grade Unit: ppmIntercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC008
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 2000
- Grade Unit
- ppm
- Intercept
- 25.9 m
- From
- 73.2 m
- To
- 99.1 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC008:73.2-99.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637516
- Northing
- 4286902
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1724.1 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of strontium grades for a historical intercept, adding strategic value, but still an inferred resource.
Positive factors
- New strategic by-product reporting
- Good grade and width for strontium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC008 intersected 25.9m @ 1,120ppm Li, 2,000ppm Sr and 1.9% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
RMRC008Red Mountain Lithium and Strategic Metals · magnesiumGrade: 1.9Grade Unit: %Intercept: 25.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- RMRC008
- Project
- Red Mountain Lithium and Strategic Metals
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- VMS
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 25.9 m
- From
- 73.2 m
- To
- 99.1 m
- Intercept Depth
- 73.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- RMRC008:73.2-99.1
- Mining Method
- open_pit
Location
- Location
- Central Zone
- Easting
- 637516
- Northing
- 4286902
- CRS
- NAD83 UTM Zone 11
- Elevation
- 1724.1 m
- Azimuth
- 265.5 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- carbonates
Compositing
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
- Dilution Disclosed
- Yes
- Max Dilution
- 3.048 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-12T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New reporting of magnesium grades for a historical intercept, adding critical value, but still an inferred resource.
Positive factors
- New critical by-product reporting
- Good grade and width for magnesium
- QA/QC disclosed
Negative factors
- Historical result
- Inferred mining method
Evidence · text
“RMRC008 intersected 25.9m @ 1,120ppm Li, 2,000ppm Sr and 1.9% Mg from 73.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Red Mountain project is well-serviced by infrastructure, being located immediately adjacent to the transcontinental "
Resource Estimates (63)
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 91600000Grade: 0.86Grade Unit: %Contained Metal: 0.79Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4428a134efea1ad8b1f6
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 91600000
- Grade
- 0.86
- Grade Unit
- %
- Contained Metal
- 0.79
- Contained Unit
- mt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.86
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: High-grade lithium in the North zone, contributing to the overall strategic resource update, but remains in the inferred category.
Positive factors
- High grade for clay-hosted lithium
- Part of a strategic resource update
- JORC compliant
Negative factors
- Inferred category only
Evidence · table
“0.86%”
Context: 91.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 91600000Grade: 0.49Grade Unit: %Contained Metal: 446Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4428a134efea1ad8b1f6
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 91600000
- Grade
- 0.49
- Grade Unit
- %
- Contained Metal
- 446
- Contained Unit
- kt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.49
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product significantly enhances project value, but is currently only in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- Significant contained metal
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.49%”
Context: 91.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 91600000Grade: 3.63Grade Unit: %Contained Metal: 3330Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4428a134efea1ad8b1f6
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 91600000
- Grade
- 3.63
- Grade Unit
- %
- Contained Metal
- 3330
- Contained Unit
- kt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product adds value, but is currently only in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- Significant contained metal
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“3.63%”
Context: 91.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 408000000Grade: 0.55Grade Unit: %Contained Metal: 2.24Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9b5b893af90397d6589d
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 408000000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 2.24
- Contained Unit
- mt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.55
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Large tonnage lithium resource in the Central zone, contributing to the overall strategic resource update, but with lower grade and remaining in the inferred category.
Positive factors
- Large tonnage
- Part of a strategic resource update
- JORC compliant
Negative factors
- Lower grade than North zone
- Inferred category only
Evidence · table
“0.55%”
Context: 408
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 408000000Grade: 0.55Grade Unit: %Contained Metal: 2230Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9b5b893af90397d6589d
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 408000000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 2230
- Contained Unit
- kt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.55
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product significantly enhances project value, but is currently only in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- Significant contained metal
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.55%”
Context: 408
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 408000000Grade: 2.12Grade Unit: %Contained Metal: 8660Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9b5b893af90397d6589d
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 408000000
- Grade
- 2.12
- Grade Unit
- %
- Contained Metal
- 8660
- Contained Unit
- kt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product adds value, but is currently only in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- Significant contained metal
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.12%”
Context: 408
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 500000000Grade: 0.61Grade Unit: %Contained Metal: 3.03Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:0df3c54ce9f62504d1f3
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 500000000
- Grade
- 0.61
- Grade Unit
- %
- Contained Metal
- 3.03
- Contained Unit
- mt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
- Prior Tonnes
- 500000000
- Prior Grade
- 0.61
- Prior Contained Metal
- 3.03
Metal Equivalent
- Metal Eq. Grade
- 0.61
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: The lithium component of the MRE remains unchanged, providing a large contained metal figure but still entirely in the inferred category.
Positive factors
- Large contained metal
- JORC compliant
Negative factors
- Inferred category only
- Lithium component unchanged from prior MRE
Evidence · table
“0.61%”
Context: 500
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 500000000Grade: 0.53Grade Unit: %Contained Metal: 2.67Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:0df3c54ce9f62504d1f3
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 500000000
- Grade
- 0.53
- Grade Unit
- %
- Contained Metal
- 2.67
- Contained Unit
- mt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: The addition of strontium as a strategic by-product is highly novel and material, making Red Mountain unique in the USA, despite the resource being inferred and not economic as a standalone.
Positive factors
- New strategic by-product addition
- Significant contained metal
- Only MRE in USA containing strontium
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.53%”
Context: 500
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 500000000Grade: 2.4Grade Unit: %Contained Metal: 12Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:0df3c54ce9f62504d1f3
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 500000000
- Grade
- 2.4
- Grade Unit
- %
- Contained Metal
- 12
- Contained Unit
- mt
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: The addition of magnesium as a critical by-product is highly novel and material, adding significant contained metal, despite the resource being inferred and not economic as a standalone.
Positive factors
- New critical by-product addition
- Significant contained metal
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.40%”
Context: 500
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 113000000Grade: 0.76Grade Unit: %Contained Metal: 0.85Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:223059400ecfa773ea1d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 113000000
- Grade
- 0.76
- Grade Unit
- %
- Contained Metal
- 0.85
- Contained Unit
- mt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.76
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Increased tonnage at a lower cut-off grade for lithium in the North zone, but with a lower average grade and still in the inferred category.
Positive factors
- Increased tonnage at lower cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower grade than higher cut-off
Evidence · table
“0.76%”
Context: 113
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 113000000Grade: 0.44Grade Unit: %Contained Metal: 493Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:223059400ecfa773ea1d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 113000000
- Grade
- 0.44
- Grade Unit
- %
- Contained Metal
- 493
- Contained Unit
- kt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.44%”
Context: 113
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 113000000Grade: 3.34Grade Unit: %Contained Metal: 3770Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:223059400ecfa773ea1d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 113000000
- Grade
- 3.34
- Grade Unit
- %
- Contained Metal
- 3770
- Contained Unit
- kt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“3.34%”
Context: 113
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 77800000Grade: 0.94Grade Unit: %Contained Metal: 0.73Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:1bbce3e3b22626558a4d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 77800000
- Grade
- 0.94
- Grade Unit
- %
- Contained Metal
- 0.73
- Contained Unit
- mt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the North zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.94%”
Context: 77.8
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 77800000Grade: 0.53Grade Unit: %Contained Metal: 409Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:1bbce3e3b22626558a4d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 77800000
- Grade
- 0.53
- Grade Unit
- %
- Contained Metal
- 409
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.53%”
Context: 77.8
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 77800000Grade: 3.83Grade Unit: %Contained Metal: 2980Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:1bbce3e3b22626558a4d
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 77800000
- Grade
- 3.83
- Grade Unit
- %
- Contained Metal
- 2980
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“3.83%”
Context: 77.8
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 60300000Grade: 1.06Grade Unit: %Contained Metal: 0.64Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7161684c32c30274f861
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 60300000
- Grade
- 1.06
- Grade Unit
- %
- Contained Metal
- 0.64
- Contained Unit
- mt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.06
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the North zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.06%”
Context: 60.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 60300000Grade: 0.57Grade Unit: %Contained Metal: 346Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7161684c32c30274f861
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 60300000
- Grade
- 0.57
- Grade Unit
- %
- Contained Metal
- 346
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.57
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.57%”
Context: 60.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 60300000Grade: 4.09Grade Unit: %Contained Metal: 2470Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7161684c32c30274f861
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 60300000
- Grade
- 4.09
- Grade Unit
- %
- Contained Metal
- 2470
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“4.09%”
Context: 60.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 47900000Grade: 1.17Grade Unit: %Contained Metal: 0.56Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:2c34651eabbe10285c75
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 47900000
- Grade
- 1.17
- Grade Unit
- %
- Contained Metal
- 0.56
- Contained Unit
- mt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.17
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the North zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.17%”
Context: 47.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 47900000Grade: 0.63Grade Unit: %Contained Metal: 303Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:2c34651eabbe10285c75
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 47900000
- Grade
- 0.63
- Grade Unit
- %
- Contained Metal
- 303
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.63
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.63%”
Context: 47.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 47900000Grade: 4.39Grade Unit: %Contained Metal: 2100Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:2c34651eabbe10285c75
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 47900000
- Grade
- 4.39
- Grade Unit
- %
- Contained Metal
- 2100
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“4.39%”
Context: 47.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 38200000Grade: 1.27Grade Unit: %Contained Metal: 0.49Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:36076804037635361718
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 38200000
- Grade
- 1.27
- Grade Unit
- %
- Contained Metal
- 0.49
- Contained Unit
- mt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the North zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.27%”
Context: 38.2
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 38200000Grade: 0.68Grade Unit: %Contained Metal: 260Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:36076804037635361718
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 38200000
- Grade
- 0.68
- Grade Unit
- %
- Contained Metal
- 260
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.68
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.68%”
Context: 38.2
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 38200000Grade: 4.66Grade Unit: %Contained Metal: 1780Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:36076804037635361718
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 38200000
- Grade
- 4.66
- Grade Unit
- %
- Contained Metal
- 1780
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“4.66%”
Context: 38.2
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 30000000Grade: 1.39Grade Unit: %Contained Metal: 0.42Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:bdaca0a43d7eb534588b
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 30000000
- Grade
- 1.39
- Grade Unit
- %
- Contained Metal
- 0.42
- Contained Unit
- mt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.39
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the North zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.39%”
Context: 30.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 30000000Grade: 0.74Grade Unit: %Contained Metal: 222Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:bdaca0a43d7eb534588b
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 30000000
- Grade
- 0.74
- Grade Unit
- %
- Contained Metal
- 222
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.74
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.74%”
Context: 30.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 30000000Grade: 5.03Grade Unit: %Contained Metal: 1510Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:bdaca0a43d7eb534588b
- Deposit or zone
- North
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 30000000
- Grade
- 5.03
- Grade Unit
- %
- Contained Metal
- 1510
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“5.03%”
Context: 30.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 563000000Grade: 0.49Grade Unit: %Contained Metal: 2.73Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e7abb068f0f84966fe6
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 563000000
- Grade
- 0.49
- Grade Unit
- %
- Contained Metal
- 2.73
- Contained Unit
- mt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.49
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Increased tonnage at a lower cut-off grade for lithium in the Central zone, but with a lower average grade and still in the inferred category.
Positive factors
- Increased tonnage at lower cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower grade than higher cut-off
Evidence · table
“0.49%”
Context: 563
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 563000000Grade: 0.47Grade Unit: %Contained Metal: 2.67Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e7abb068f0f84966fe6
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 563000000
- Grade
- 0.47
- Grade Unit
- %
- Contained Metal
- 2.67
- Contained Unit
- mt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.47
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.47%”
Context: 563
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 563000000Grade: 1.96Grade Unit: %Contained Metal: 11000Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e7abb068f0f84966fe6
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 563000000
- Grade
- 1.96
- Grade Unit
- %
- Contained Metal
- 11000
- Contained Unit
- kt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“1.96%”
Context: 563
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 266000000Grade: 0.62Grade Unit: %Contained Metal: 1.64Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:3edd5c981f6946c10662
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 266000000
- Grade
- 0.62
- Grade Unit
- %
- Contained Metal
- 1.64
- Contained Unit
- mt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.62
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the Central zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.62%”
Context: 266
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 266000000Grade: 0.62Grade Unit: %Contained Metal: 1640Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:3edd5c981f6946c10662
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 266000000
- Grade
- 0.62
- Grade Unit
- %
- Contained Metal
- 1640
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.62
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.62%”
Context: 266
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 266000000Grade: 2.3Grade Unit: %Contained Metal: 6120Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:3edd5c981f6946c10662
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 266000000
- Grade
- 2.3
- Grade Unit
- %
- Contained Metal
- 6120
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.30%”
Context: 266
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 145600000Grade: 0.69Grade Unit: %Contained Metal: 1Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e5a960e77a993e8e340
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 145600000
- Grade
- 0.69
- Grade Unit
- %
- Contained Metal
- 1
- Contained Unit
- mt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.69
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the Central zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.69%”
Context: 145.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 145600000Grade: 0.69Grade Unit: %Contained Metal: 1010Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e5a960e77a993e8e340
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 145600000
- Grade
- 0.69
- Grade Unit
- %
- Contained Metal
- 1010
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.69
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.69%”
Context: 145.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 145600000Grade: 2.45Grade Unit: %Contained Metal: 3560Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:9e5a960e77a993e8e340
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 145600000
- Grade
- 2.45
- Grade Unit
- %
- Contained Metal
- 3560
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.45%”
Context: 145.6
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 66000000Grade: 0.76Grade Unit: %Contained Metal: 0.5Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:78abda3b057e51f1aba1
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 0.76
- Grade Unit
- %
- Contained Metal
- 0.5
- Contained Unit
- mt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.76
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the Central zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.76%”
Context: 66.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 66000000Grade: 0.79Grade Unit: %Contained Metal: 521Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:78abda3b057e51f1aba1
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 0.79
- Grade Unit
- %
- Contained Metal
- 521
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.79
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.79%”
Context: 66.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 66000000Grade: 2.64Grade Unit: %Contained Metal: 1740Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:78abda3b057e51f1aba1
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 2.64
- Grade Unit
- %
- Contained Metal
- 1740
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.64%”
Context: 66.0
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 20300000Grade: 0.84Grade Unit: %Contained Metal: 0.17Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7bd114acf9a39c0158e8
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 0.84
- Grade Unit
- %
- Contained Metal
- 0.17
- Contained Unit
- mt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.84
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the Central zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.84%”
Context: 20.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 20300000Grade: 0.83Grade Unit: %Contained Metal: 168Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7bd114acf9a39c0158e8
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 0.83
- Grade Unit
- %
- Contained Metal
- 168
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.83
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.83%”
Context: 20.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 20300000Grade: 2.74Grade Unit: %Contained Metal: 555Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:7bd114acf9a39c0158e8
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 2.74
- Grade Unit
- %
- Contained Metal
- 555
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.74%”
Context: 20.3
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 3900000Grade: 0.94Grade Unit: %Contained Metal: 0.04Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4a85a7a8618c73c17591
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3900000
- Grade
- 0.94
- Grade Unit
- %
- Contained Metal
- 0.04
- Contained Unit
- mt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium in the Central zone at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.94%”
Context: 3.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 3900000Grade: 1Grade Unit: %Contained Metal: 39Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4a85a7a8618c73c17591
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3900000
- Grade
- 1
- Grade Unit
- %
- Contained Metal
- 39
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“1.00%”
Context: 3.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 3900000Grade: 2.69Grade Unit: %Contained Metal: 105Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4a85a7a8618c73c17591
- Deposit or zone
- Central
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3900000
- Grade
- 2.69
- Grade Unit
- %
- Contained Metal
- 105
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.69%”
Context: 3.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 675000000Grade: 0.53Grade Unit: %Contained Metal: 3.59Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ef5bca7ab7ee6b8a27e3
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 675000000
- Grade
- 0.53
- Grade Unit
- %
- Contained Metal
- 3.59
- Contained Unit
- mt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Increased tonnage at a lower cut-off grade for lithium, but with a lower average grade and still in the inferred category.
Positive factors
- Increased tonnage at lower cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower grade than higher cut-off
Evidence · table
“0.53%”
Context: 675
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 675000000Grade: 0.47Grade Unit: %Contained Metal: 3160Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ef5bca7ab7ee6b8a27e3
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 675000000
- Grade
- 0.47
- Grade Unit
- %
- Contained Metal
- 3160
- Contained Unit
- kt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.47
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.47%”
Context: 675
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 675000000Grade: 2.19Grade Unit: %Contained Metal: 14800Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ef5bca7ab7ee6b8a27e3
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 675000000
- Grade
- 2.19
- Grade Unit
- %
- Contained Metal
- 14800
- Contained Unit
- kt
- Cutoff Grade
- 500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.19%”
Context: 675
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 344000000Grade: 0.69Grade Unit: %Contained Metal: 2.37Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:53c1cc48baadf9ed15b7
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 344000000
- Grade
- 0.69
- Grade Unit
- %
- Contained Metal
- 2.37
- Contained Unit
- mt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.69
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.69%”
Context: 344
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 344000000Grade: 0.6Grade Unit: %Contained Metal: 2050Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:53c1cc48baadf9ed15b7
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 344000000
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 2050
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.60%”
Context: 344
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 344000000Grade: 2.65Grade Unit: %Contained Metal: 9110Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:53c1cc48baadf9ed15b7
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 344000000
- Grade
- 2.65
- Grade Unit
- %
- Contained Metal
- 9110
- Contained Unit
- kt
- Cutoff Grade
- 900
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.65%”
Context: 344
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 206000000Grade: 0.8Grade Unit: %Contained Metal: 1.64Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4c77dee3e13dff7462f0
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 206000000
- Grade
- 0.8
- Grade Unit
- %
- Contained Metal
- 1.64
- Contained Unit
- mt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.8
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.80%”
Context: 206
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 206000000Grade: 0.66Grade Unit: %Contained Metal: 1360Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4c77dee3e13dff7462f0
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 206000000
- Grade
- 0.66
- Grade Unit
- %
- Contained Metal
- 1360
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.66%”
Context: 206
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 206000000Grade: 2.92Grade Unit: %Contained Metal: 6020Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4c77dee3e13dff7462f0
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 206000000
- Grade
- 2.92
- Grade Unit
- %
- Contained Metal
- 6020
- Contained Unit
- kt
- Cutoff Grade
- 1100
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“2.92%”
Context: 206
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 114000000Grade: 0.93Grade Unit: %Contained Metal: 1.06Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ee0a38eb6c4e3ec4b4cf
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114000000
- Grade
- 0.93
- Grade Unit
- %
- Contained Metal
- 1.06
- Contained Unit
- mt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.93
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“0.93%”
Context: 114
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 114000000Grade: 0.73Grade Unit: %Contained Metal: 827Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ee0a38eb6c4e3ec4b4cf
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114000000
- Grade
- 0.73
- Grade Unit
- %
- Contained Metal
- 827
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.73
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.73%”
Context: 114
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 114000000Grade: 3.36Grade Unit: %Contained Metal: 3830Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:ee0a38eb6c4e3ec4b4cf
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114000000
- Grade
- 3.36
- Grade Unit
- %
- Contained Metal
- 3830
- Contained Unit
- kt
- Cutoff Grade
- 1300
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“3.36%”
Context: 114
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 58500000Grade: 1.12Grade Unit: %Contained Metal: 0.66Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4322b0503f2ddb276ad6
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 58500000
- Grade
- 1.12
- Grade Unit
- %
- Contained Metal
- 0.66
- Contained Unit
- mt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.12
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.12%”
Context: 58.5
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 58500000Grade: 0.74Grade Unit: %Contained Metal: 431Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4322b0503f2ddb276ad6
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 58500000
- Grade
- 0.74
- Grade Unit
- %
- Contained Metal
- 431
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.74
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.74%”
Context: 58.5
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 58500000Grade: 3.94Grade Unit: %Contained Metal: 2300Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:4322b0503f2ddb276ad6
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 58500000
- Grade
- 3.94
- Grade Unit
- %
- Contained Metal
- 2300
- Contained Unit
- kt
- Cutoff Grade
- 1500
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“3.94%”
Context: 58.5
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · lithiumTonnes: 33900000Grade: 1.34Grade Unit: %Contained Metal: 0.45Contained Unit: mtView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:f630ebf8e3e53de7b7fb
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 33900000
- Grade
- 1.34
- Grade Unit
- %
- Contained Metal
- 0.45
- Contained Unit
- mt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 1.34
- Metal Eq. Unit
- % LCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Higher grade lithium at a higher cut-off, but with reduced tonnage and still in the inferred category.
Positive factors
- Higher grade at higher cut-off
- JORC compliant
Negative factors
- Inferred category only
- Lower tonnage than lower cut-off
Evidence · table
“1.34%”
Context: 33.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · strontiumTonnes: 33900000Grade: 0.79Grade Unit: %Contained Metal: 267Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- strontium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:f630ebf8e3e53de7b7fb
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 33900000
- Grade
- 0.79
- Grade Unit
- %
- Contained Metal
- 267
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Metal Equivalent
- Metal Eq. Grade
- 0.79
- Metal Eq. Unit
- % SCE
- Assumptions Disclosed
- Yes
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of strontium as a strategic by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New strategic by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“0.79%”
Context: 33.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Mountain Lithium and Strategic Metals Project · magnesiumTonnes: 33900000Grade: 4.61Grade Unit: %Contained Metal: 1560Contained Unit: ktView all detailsHide details
Identity
- Project
- Red Mountain Lithium and Strategic Metals Project
- Commodity
- magnesium
- Region
- usa_nv
- Reported Region
- Nevada, USA
- Ticker
- VMS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Richard Newport
- Resource group id
- resource:f630ebf8e3e53de7b7fb
- Deposit or zone
- Total
- Mining method
- open_pit
- Material type
- clay-hosted
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 33900000
- Grade
- 4.61
- Grade Unit
- %
- Contained Metal
- 1560
- Contained Unit
- kt
- Cutoff Grade
- 1700
- Cutoff Unit
- ppm Li
Prior Estimate
- Resource Date
- 2026-10-06
Location
- CRS
- NAD83 UTM Zone 11
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: New addition of magnesium as a critical by-product, but in the inferred category and not economic as a standalone.
Positive factors
- New critical by-product addition
- JORC compliant
Negative factors
- Inferred category only
- Not economic to mine on its own
Evidence · table
“4.61%”
Context: 33.9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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.