# WAU: Investor Presentation - Australian Gold Conference

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152185

Publisher: asx

Original announcement: 2026-10-13T23:28:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T00:16:10.315Z

Atlas analysis updated: 2026-10-14T00:16:10.315Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Abercromby resource of 518koz Au on granted leases

- Positive factor: Recent diamond drilling confirmed continuity of eastern lode

- Positive factor: High-margin scoping study outcomes

- Positive factor: Bullabulling SAM survey identified new anomalies

- Negative factor: Abercromby resource is largely Inferred \(68%\)

Facts used in scoring: 11

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: 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 Resource**

Polarity: negative

Definition: 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)

### 26ABDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-drill-facts-0)

Abercromby · gold

#### 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-1)

Abercromby Gold Project · gold

#### 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 factor: Indicated resource component

Evidence · table

> 4,152,000

Context: 1.23

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-2)

Abercromby Gold Project · gold

#### 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 factor: Significant inferred component

- Negative factor: Inferred resource

Evidence · table

> 6,966,000

Context: 1.58

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-3)

Abercromby Gold Project · gold

#### 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 factor: Total resource scale

Evidence · table

> 11,117,000

Context: 1.45

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-4)

Abercromby Gold Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Indicated resource component

Evidence · table

> 1.18

Context: 3,858,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-5)

Abercromby Gold Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Indicated resource component

Evidence · table

> 1.94

Context: 294,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-6)

Abercromby Gold Project · gold

#### 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 factor: Indicated resource component

Evidence · table

> 1.23

Context: 4,152,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-7)

Abercromby Gold Project · gold

#### 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 factor: Significant inferred component

- Negative factor: Inferred resource

Evidence · table

> 1.16

Context: 5,565,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-8)

Abercromby Gold Project · gold

#### 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 factor: Significant inferred component

- Negative factor: Inferred resource

Evidence · table

> 3.24

Context: 1,401,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-9)

Abercromby Gold Project · gold

#### 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 factor: Significant inferred component

- Negative factor: Inferred resource

Evidence · table

> 1.58

Context: 6,966,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.5 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/wau-investor-presentation-australian-gold-conference--2936587b-c16d-4385-96c3-a911658baa38#fact-resource-facts-10)

Abercromby Gold Project · gold

#### 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 factor: Total resource scale

Evidence · table

> 1.45

Context: 11,117,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;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.
