WAU: Investor Presentation - Australian Gold Conference
Original announcement by asx on
- Company
- WA Gold Limited
- Ticker
- WAU
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Other, Drill results, Resource update
- Extracted
- 2026-10-14 00:16:10 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
WA Gold presented its portfolio at the Australian Gold Conference, highlighting the Abercromby Gold Project's 518koz JORC resource and recent high-grade diamond drill intercepts. The company is currently conducting a 7,200m RC resource development program at Abercromby and has identified new SAM anomalies at Bullabulling.
Reasoning: Investor presentation summarizing recent diamond drill results, existing resource, and exploration progress at Abercromby and Bullabulling.
Positive factors
- Abercromby resource of 518koz Au on granted leases
- Recent diamond drilling confirmed continuity of eastern lode
- High-margin scoping study outcomes
- Bullabulling SAM survey identified new anomalies
Negative factors
- Abercromby resource is largely Inferred (68%)
Facts used in scoring: 11
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The presentation mentions JORC compliance and refers to a Scoping Study prepared in compliance with the JORC Code.
Evidence · text
“The Scoping Study has been prepared in compliance with the JORC Code”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the Abercromby resource is classified as Inferred.
Evidence · table
“6,966,000”
Context: 1.58
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Drill Results (1)
26ABDD007Abercromby · goldGrade: 2.9Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- 26ABDD007
- Project
- Abercromby
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WAU
Geometry
- Grade
- 2.9
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 312 m
- To
- 318 m
- Intercept Depth
- 312 m
Classification
- Sample Type
- drill
- Group ID
- 26ABDD007:312-318
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Moderate grade intercept at depth.
Evidence · text
“6m @ 2.90g/t Au from 312m 26ABDD007”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "50km from WAU’s Abercromby Gold Project For personal use only W A G O L D L I M I T E D Investment Summary Abercromby Sc"
Resource Estimates (10)
indicatedAbercromby Gold Project · goldTonnes: 4152000Grade: 1.23Grade Unit: g/tContained Metal: 165000Contained Unit: kozView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:92a82a7cdcec40830061
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4152000
- Grade
- 1.23
- Grade Unit
- g/t
- Contained Metal
- 165000
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Part of the existing JORC resource.
Positive factors
- Indicated resource component
Evidence · table
“4,152,000”
Context: 1.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 6966000Grade: 1.58Grade Unit: g/tContained Metal: 353000Contained Unit: kozView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:c384c11b18ab2bcaa858
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6966000
- Grade
- 1.58
- Grade Unit
- g/t
- Contained Metal
- 353000
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Large inferred portion of the resource.
Positive factors
- Significant inferred component
Negative factors
- Inferred resource
Evidence · table
“6,966,000”
Context: 1.58
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 11117000Grade: 1.45Grade Unit: g/tContained Metal: 518000Contained Unit: kozView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:5fdba38c47f9f28465b9
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 11117000
- Grade
- 1.45
- Grade Unit
- g/t
- Contained Metal
- 518000
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total resource summary.
Positive factors
- Total resource scale
Evidence · table
“11,117,000”
Context: 1.45
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
indicatedAbercromby Gold Project · goldTonnes: 3858000Grade: 1.18Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:fdec034961684836b5d0
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3858000
- Grade
- 1.18
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Part of the existing JORC resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated resource component
Evidence · table
“1.18”
Context: 3,858,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
indicatedAbercromby Gold Project · goldTonnes: 294000Grade: 1.94Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:9f7ac7ebaf0b7151f386
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 294000
- Grade
- 1.94
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Part of the existing JORC resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated resource component
Evidence · table
“1.94”
Context: 294,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
indicatedAbercromby Gold Project · goldTonnes: 4152000Grade: 1.23Grade Unit: g/tView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:f0a304801d52a13fab66
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4152000
- Grade
- 1.23
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Part of the existing JORC resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated resource component
Evidence · table
“1.23”
Context: 4,152,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 5565000Grade: 1.16Grade Unit: g/tView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:d893c07c9ab1fcb5a1df
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5565000
- Grade
- 1.16
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Large inferred portion of the resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred component
Negative factors
- Inferred resource
Evidence · table
“1.16”
Context: 5,565,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 1401000Grade: 3.24Grade Unit: g/tView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:e45bf4f85d71aa877e4e
- Deposit or zone
- Abercromby
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1401000
- Grade
- 3.24
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Large inferred portion of the resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred component
Negative factors
- Inferred resource
Evidence · table
“3.24”
Context: 1,401,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 6966000Grade: 1.58Grade Unit: g/tView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:9df83614419d1a744ad1
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6966000
- Grade
- 1.58
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Large inferred portion of the resource. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred component
Negative factors
- Inferred resource
Evidence · table
“1.58”
Context: 6,966,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredAbercromby Gold Project · goldTonnes: 11117000Grade: 1.45Grade Unit: g/tView all detailsHide details
Identity
- Project
- Abercromby Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:64bf9ff2d61424b825e2
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 11117000
- Grade
- 1.45
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-17
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total resource summary. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Total resource scale
Evidence · table
“1.45”
Context: 11,117,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
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.