WC8: Annual Report to shareholders

Original announcement by asx on

Company
Wildcat Resources Limited
Ticker
WC8
Exchange
ASX
Region
Pilbara, WA
Primary commodity
Lithium
Secondary commodities
Tantalum, Gold
Document categories
Drill results, Resource update, Metallurgy
Extracted
2026-09-30 02:12:19 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Wildcat Resources Limited's 2026 Annual Report highlights significant progress on its Tabba Tabba Lithium Project, including advancement of the Definitive Feasibility Study (DFS) and the establishment of a maiden Ore Reserve of 46.3Mt at 0.99% Li₂O. The company also reported an extensive greenfields lithium discovery at Bolt Cutter Central, with strong drill intercepts and positive maiden metallurgical testwork results. Additionally, the report details the consolidation of tenure and the signing of a Native Title Agreement for Tabba Tabba, alongside an update on the historical Mt Adrah Gold Project.

Reasoning: The annual report details substantial progress on Wildcat's key lithium projects, Tabba Tabba and Bolt Cutter Central, with positive DFS advancements, new drill results, and encouraging metallurgical testwork. The establishment of a maiden Ore Reserve and the upcoming MRE for Bolt Cutter Central signal significant de-risking and growth potential. The signing of a Native Title Agreement further enhances project certainty.

Positive factors

  • Significant progress on Tabba Tabba DFS, including positive metallurgical testwork and tenure consolidation.
  • Maiden Ore Reserve for Tabba Tabba demonstrates robust project economics.
  • Extensive lithium discovery at Bolt Cutter Central with strong drill intercepts and positive maiden metallurgical results.
  • Maiden MRE for Bolt Cutter Central targeted for H2 2026, indicating potential for resource growth.
  • Native Title Agreement signed for Tabba Tabba, de-risking project development.

Negative factors

  • Mt Adrah gold project MRE is historical (2019) and not updated in this report, indicating lower focus.
  • Some drill intercepts are reported as estimated true width, not explicitly measured.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 81

Classification and evidence

JORC Compliantpositive

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

Why it applies: The Mineral Resource Estimates and Ore Reserve for Tabba Tabba and Mt Adrah are explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Lithium JORC (2012) Mineral Resource Estimate”

Cut-off Disclosedpositive

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

Why it applies: Cut-off grades for all resource and reserve estimates are clearly stated in the tables and footnotes.

Evidence · text

“0.45%Li₂O cut-off grade”

Indicated Resourcepositive

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

Why it applies: A significant portion of the Tabba Tabba Lithium MRE (70.0 Mt) is classified as Indicated, and the Tabba Tabba Tantalum MRE also has an Indicated component.

Evidence · table

“Indicated”

Context: 70.0

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The Tabba Tabba Project has a maiden Ore Reserve of 46.3Mt at 0.99% Li₂O classified as Probable.

Evidence · table

“Probable”

Context: 36.8

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The Bolt Cutter Central project is targeting a maiden Mineral Resource Estimate (MRE) in the second half of calendar 2026.

Evidence · text

“targeting a maiden Mineral Resource Estimate (MRE) for Bolt Cutter Central in the second half of calendar 2026”

Resource Updateneutral

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

Why it applies: The Tabba Tabba Lithium and Tantalum MREs were updated in November 2024, and the Ore Reserve was completed in July 2025.

Evidence · text

“inaugural Mineral Resource Estimate of 74.1Mt at 1.0%Li₂O ... in November 2024”

PFS-Supportingneutral

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

Why it applies: The Tabba Tabba Project completed its Pre-Feasibility Study (PFS) in July 2025, demonstrating robust positive financial metrics.

Evidence · text

“completed the PFS for the Tabba Tabba Project, demonstrating robust positive financial metrics”

DFS-Supportingneutral

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

Why it applies: The company is actively advancing the Definitive Feasibility Study (DFS) for the Tabba Tabba Project.

Evidence · text

“advanced the DFS for the Tabba Tabba Project”

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The Mineral Resource for Hobbs Pipe at the Mt Adrah Project was first announced in 2013 and affirmed in 2019, with no new update in this report.

Evidence · text

“Mineral Resources for Hobbs Pipe at the Mt Adrah Project was first announced by previous owners Sovereign Gold Company Ltd (ASX Announcement 27 December 2013) and affirmed by Wildcat when it acquired Mt Adrah as Fraser Range Metals Ltd on 23 August 2019.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Drill hole TAMT035 returned 9.2m @ 2.6% Li₂O, which is an exceptionally high grade for lithium.

Evidence · text

“9.2m @ 2.6%Li₂O from 180.8m”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Several drill intercepts, such as TAMT031 (67.0m est. true width) and TARC435 (16.4m est. true width), provide estimated true widths.

Evidence · text

“87.0m @ 1.3%Li₂O from 91m (TAMT031) (67.0m est. true width)”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at Bolt Cutter Central progressively extended the mineralised footprint to more than 2.3km along strike and up to 800m across strike, remaining open in multiple directions.

Evidence · text

“drilling had progressively extended the mineralised footprint to more than 2.3km along strike and up to 800m across strike, with the system remaining open in multiple directions”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Many drill intercepts are reported with 'est. true width' or no true width, indicating the reported length is downhole.

Evidence · text

“110.1m @ 1.2%Li₂O from 195m (TAMT033) (est. true width)”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Maiden metallurgical testwork at Bolt Cutter Central achieved an average lithium recovery of 82.5%, which is strong for flotation.

Evidence · text

“average lithium recovery of 82.5%”

Recovery Improvingpositive

Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: Metallurgical testwork for Tabba Tabba demonstrated encouraging results, confirming the potential to process additional pegmatite material and convert material previously classified as waste into ore.

Evidence · text

“Testwork demonstrated encouraging results, confirming the potential to process additional pegmatite material from the Chewy and Tabba Tabba pegmatites and convert material previously classified as waste in the PFS into ore in the DFS.”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The Bolt Cutter Central metallurgical testwork is described as 'maiden sighter metallurgical testwork' and was achieved without project-specific optimisation, indicating it is still at an early stage.

Evidence · text

“maiden sighter metallurgical testwork”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The metallurgical testwork for both Tabba Tabba and Bolt Cutter Central primarily uses a 'whole-of-ore flotation' flowsheet.

Evidence · text

“whole-of-ore flotation flowsheet”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: Metallurgical testwork on the Tabba Tabba Tantalum pegmatite confirmed a 'simple gravity processing flowsheet'.

Evidence · text

“simple gravity processing flowsheet”

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Tantalum, niobium, and tin are mentioned as components of the concentrate from the Tabba Tabba Tantalum pegmatite, indicating they are byproducts.

Evidence · text

“produce a >5.0% Ta₂O₅ concentrate at 60–65% recovery, with niobium (2.0% Nb₂O₅) and tin (1.4% SnO₂).”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

Stored fact records: 81. Some facts used in scoring do not have a stored record.

Drill Results (40)

TAMT033Tabba Tabba · lithiumGrade: 1.2Grade Unit: %Intercept: 110.1 mView all details
Link to this fact

Identity

Hole ID
TAMT033
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
110.1 m
From
195 m
To
305.1 m
Intercept Depth
195 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT033:195-305.1
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A significant lithium intercept from DFS drilling, confirming mineralization at depth, though true width is estimated.

Positive factors

  • Long intercept length with good lithium grade.
  • Supports DFS test work program.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“110.1m @ 1.2%Li₂O from 195m (TAMT033) (est. true width)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT033Tabba Tabba · lithiumGrade: 1.8Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
TAMT033
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.8
Grade Unit
%
Intercept
16 m
From
266 m
To
282 m
Intercept Depth
266 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT033:266-282
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval further enhances the significance of the overall intercept, indicating strong mineralization.

Positive factors

  • High-grade sub-interval within a longer intercept.
  • Supports DFS test work program.

Evidence · text

“16m @ 1.8%Li₂O from 266.0m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT031Tabba Tabba · lithiumGrade: 1.3Grade Unit: %Intercept: 87 mView all details
Link to this fact

Identity

Hole ID
TAMT031
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
87 m
True Width
67 m
From
91 m
To
178 m
Intercept Depth
91 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT031:91-178
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A significant lithium intercept with good grade and estimated true width, supporting DFS work and potential open-pit mining.

Positive factors

  • Long intercept length with good lithium grade.
  • Estimated true width provided, adding confidence.
  • Supports DFS test work program.

Evidence · text

“87.0m @ 1.3%Li₂O from 91m (TAMT031) (67.0m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 67

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT031Tabba Tabba · lithiumGrade: 1.6Grade Unit: %Intercept: 25 mView all details
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Identity

Hole ID
TAMT031
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.6
Grade Unit
%
Intercept
25 m
From
123 m
To
148 m
Intercept Depth
123 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT031:123-148
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval further enhances the significance of the overall intercept, indicating strong mineralization.

Positive factors

  • High-grade sub-interval within a longer intercept.
  • Supports DFS test work program.

Evidence · text

“25m @ 1.6%Li₂O from 123.0m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT034Tabba Tabba · lithiumGrade: 1.2Grade Unit: %Intercept: 81 mView all details
Link to this fact

Identity

Hole ID
TAMT034
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
81 m
From
167 m
To
248 m
Intercept Depth
167 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT034:167-248
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A significant lithium intercept from DFS drilling, confirming mineralization at depth, though true width is estimated.

Positive factors

  • Long intercept length with good lithium grade.
  • Supports DFS test work program.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“81.0m @ 1.2%Li₂O from 167m (TAMT034) (est. true width)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT034Tabba Tabba · lithiumGrade: 1.4Grade Unit: %Intercept: 56 mView all details
Link to this fact

Identity

Hole ID
TAMT034
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.4
Grade Unit
%
Intercept
56 m
From
192 m
To
248 m
Intercept Depth
192 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT034:192-248
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A long and high-grade sub-interval further enhances the significance of the overall intercept, indicating strong mineralization.

Positive factors

  • Long, high-grade sub-interval within a longer intercept.
  • Supports DFS test work program.

Evidence · text

“56m @ 1.4%Li₂O from 192.0m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT035Tabba Tabba · lithiumGrade: 1.2Grade Unit: %Intercept: 66.2 mView all details
Link to this fact

Identity

Hole ID
TAMT035
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
66.2 m
From
180.8 m
To
247 m
Intercept Depth
180.8 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT035:180.8-247
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A significant lithium intercept from DFS drilling, confirming mineralization at depth, though true width is estimated.

Positive factors

  • Long intercept length with good lithium grade.
  • Supports DFS test work program.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“66.2m @ 1.2%Li₂O from 180.8m (TAMT035) (est. true width)”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT035Tabba Tabba · lithiumGrade: 2.6Grade Unit: %Intercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
TAMT035
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
2.6
Grade Unit
%
Intercept
9.2 m
From
180.8 m
To
190 m
Intercept Depth
180.8 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT035:180.8-190
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval significantly enhances the prospectivity of the area for high-grade lithium.

Positive factors

  • Very high-grade sub-interval, indicating bonanza-grade mineralization.
  • Supports DFS test work program.

Evidence · text

“9.2m @ 2.6%Li₂O from 180.8m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT035Tabba Tabba · lithiumGrade: 1.5Grade Unit: %Intercept: 19.3 mView all details
Link to this fact

Identity

Hole ID
TAMT035
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.5
Grade Unit
%
Intercept
19.3 m
From
198 m
To
217.3 m
Intercept Depth
198 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT035:198-217.3
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade sub-interval further enhances the significance of the overall intercept, indicating strong mineralization.

Positive factors

  • High-grade sub-interval within a longer intercept.
  • Supports DFS test work program.

Evidence · text

“19.3m @ 1.5%Li₂O from 198m”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT038Tabba Tabba · lithiumGrade: 1.2Grade Unit: %Intercept: 25.1 mView all details
Link to this fact

Identity

Hole ID
TAMT038
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
25.1 m
From
56.5 m
To
81.6 m
Intercept Depth
56.5 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT038:56.5-81.6
Mining Method
open_pit

Location

Location
Hutt
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong lithium intercept at the Hutt pegmatite, indicating potential for resource expansion and supporting DFS work.

Positive factors

  • Good intercept length and grade at the Hutt pegmatite.
  • Supports DFS work and potential resource expansion.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“25.1m @ 1.2%Li₂O from 56.5m (TAMT038) (est. true width) at Hutt”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT036Tabba Tabba · lithiumGrade: 2Grade Unit: %Intercept: 13.9 mView all details
Link to this fact

Identity

Hole ID
TAMT036
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
2
Grade Unit
%
Intercept
13.9 m
True Width
10 m
From
45.2 m
To
59.1 m
Intercept Depth
45.2 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT036:45.2-59.1
Mining Method
open_pit

Location

Location
Chewy
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade lithium intercept with estimated true width at the Chewy pegmatite, indicating strong mineralization and supporting DFS work.

Positive factors

  • High-grade intercept with good estimated true width at the Chewy pegmatite.
  • Supports DFS work and potential resource expansion.

Evidence · text

“13.9m @ 2.0%Li₂O from 45.2m (TAMT036) (10m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TAMT036Tabba Tabba · lithiumGrade: 2.3Grade Unit: %Intercept: 7.8 mView all details
Link to this fact

Identity

Hole ID
TAMT036
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
2.3
Grade Unit
%
Intercept
7.8 m
True Width
5.6 m
From
45.2 m
To
53 m
Intercept Depth
45.2 m

Classification

Program
resource
Sample Type
drill
Group ID
TAMT036:45.2-53
Mining Method
open_pit

Location

Location
Chewy
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval with estimated true width, further enhancing the prospectivity of the Chewy pegmatite.

Positive factors

  • Very high-grade sub-interval with good estimated true width.
  • Supports DFS work and potential resource expansion.

Evidence · text

“7.8m @ 2.3%Li₂O from 45.2m (5.6m est. true width) at Chewy”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TARC435Tabba Tabba · lithiumGrade: 1.3Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
TARC435
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
18 m
True Width
16.4 m
From
69 m
To
87 m
Intercept Depth
69 m

Classification

Program
resource
Sample Type
drill
Group ID
TARC435:69-87
Mining Method
open_pit

Location

Location
Leia
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong lithium intercept with good estimated true width at the Leia pegmatite, indicating potential for resource expansion and supporting DFS work.

Positive factors

  • Good intercept length and grade with estimated true width at the Leia pegmatite.
  • Supports DFS work and potential resource expansion.

Evidence · text

“18.0m @ 1.3%Li₂O from 69m (TARC435) (16.4m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TARC435Tabba Tabba · lithiumGrade: 2Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
TARC435
Project
Tabba Tabba
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
2
Grade Unit
%
Intercept
9 m
True Width
8.2 m
From
74 m
To
83 m
Intercept Depth
74 m

Classification

Program
resource
Sample Type
drill
Group ID
TARC435:74-83
Mining Method
open_pit

Location

Location
Leia
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval with estimated true width, further enhancing the prospectivity of the Leia pegmatite.

Positive factors

  • Very high-grade sub-interval with good estimated true width.
  • Supports DFS work and potential resource expansion.

Evidence · text

“9.0m @ 2.0%Li₂O from 74m (8.2m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.2

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

BCRC002Bolt Cutter · lithiumGrade: 1.7Grade Unit: %Intercept: 20 mView all details
Link to this fact

Identity

Hole ID
BCRC002
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.7
Grade Unit
%
Intercept
20 m
True Width
12 m
From
43 m
To
63 m
Intercept Depth
43 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC002:43-63
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An excellent high-grade intercept with good width and estimated true width, confirming a significant greenfields lithium discovery at Bolt Cutter Central.

Positive factors

  • High-grade and good width intercept from a greenfields discovery.
  • Estimated true width provided.

Evidence · text

“20.0m @ 1.7%Li₂O from 43.0m (BCRC002) (12.0m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12

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

BCRC115Bolt Cutter · lithiumGrade: 1.5Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
BCRC115
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.5
Grade Unit
%
Intercept
16 m
From
116 m
To
132 m
Intercept Depth
116 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC115:116-132
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade intercept contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • High-grade intercept with good width.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“16.0m @ 1.5%Li₂O from 116m (BCRC115) (est. true width)”

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

BCRC113Bolt Cutter · lithiumGrade: 1.1Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
BCRC113
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.1
Grade Unit
%
Intercept
18 m
From
16 m
To
34 m
Intercept Depth
16 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC113:16-34
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept, indicating near-surface mineralization and contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“18.0m @ 1.1%Li₂O from 16m (BCRC113) (est. true width)”

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

BCDD001Bolt Cutter · lithiumGrade: 2Grade Unit: %Intercept: 12.8 mView all details
Link to this fact

Identity

Hole ID
BCDD001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
2
Grade Unit
%
Intercept
12.8 m
From
45.3 m
To
58.1 m
Intercept Depth
45.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCDD001:45.3-58.1
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An excellent high-grade intercept, further confirming the strong mineralization at Bolt Cutter Central.

Positive factors

  • Very high-grade intercept with good width.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“12.8m @ 2.0%Li₂O from 45.3m (BCDD001) (est. true width)”

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

BCRC034Bolt Cutter · lithiumGrade: 1.65Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
BCRC034
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.65
Grade Unit
%
Intercept
12 m
From
90 m
To
102 m
Intercept Depth
90 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC034:90-102
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade intercept, contributing to the understanding and expansion of the Bolt Cutter Central discovery.

Positive factors

  • High-grade intercept with good width.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“12.0m @ 1.65%Li₂O from 90.0m (BCRC034) (est. true width)”

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

BCRC003Bolt Cutter · lithiumGrade: 1.3Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
BCRC003
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
12 m
From
39 m
To
51 m
Intercept Depth
39 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC003:39-51
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept, indicating near-surface mineralization and contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“12.0m @ 1.30%Li₂O from 39.0m (BCRC003) (est. true width)”

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

BCRC007Bolt Cutter · lithiumGrade: 1.25Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
BCRC007
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.25
Grade Unit
%
Intercept
14 m
From
40 m
To
54 m
Intercept Depth
40 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC007:40-54
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept, indicating near-surface mineralization and contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“14.0m @ 1.25%Li₂O from 40.0m (BCRC007) (est. true width)”

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

BCDD002Bolt Cutter · lithiumGrade: 1.6Grade Unit: %Intercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
BCDD002
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.6
Grade Unit
%
Intercept
12.9 m
True Width
7.6 m
From
86.9 m
To
99.8 m
Intercept Depth
86.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCDD002:86.9-99.8
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade intercept with estimated true width, contributing to the understanding and expansion of the Bolt Cutter Central discovery.

Positive factors

  • High-grade intercept with good estimated true width.
  • Supports expansion of the discovery.

Evidence · text

“12.9m @ 1.60%Li₂O from 86.9m (BCDD002) (7.6m est. true width)”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.6

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

BCRC033Bolt Cutter · lithiumGrade: 1.32Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
BCRC033
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.32
Grade Unit
%
Intercept
11 m
From
54 m
To
65 m
Intercept Depth
54 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC033:54-65
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept, indicating near-surface mineralization and contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“11.0m @ 1.32%Li₂O from 54.0m (BCRC033) (est. true width)”

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

BCRC050Bolt Cutter · lithiumGrade: 1.84Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
BCRC050
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.84
Grade Unit
%
Intercept
9 m
From
128 m
To
137 m
Intercept Depth
128 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC050:128-137
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An excellent high-grade intercept, further confirming the strong mineralization at Bolt Cutter Central.

Positive factors

  • Very high-grade intercept.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“9.0m @ 1.84%Li₂O from 128.0m (BCRC050) (est. true width)”

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

BCRC039Bolt Cutter · lithiumGrade: 1.68Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
BCRC039
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.68
Grade Unit
%
Intercept
9 m
From
102 m
To
111 m
Intercept Depth
102 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC039:102-111
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade intercept, contributing to the understanding and expansion of the Bolt Cutter Central discovery.

Positive factors

  • High-grade intercept.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“9.0m @ 1.68%Li₂O from 102.0m (BCRC039) (est. true width)”

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

BCRC115Bolt Cutter · lithiumGrade: 1.5Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
BCRC115
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.5
Grade Unit
%
Intercept
8 m
From
89 m
To
97 m
Intercept Depth
89 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC115:89-97
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade intercept, contributing to the understanding and expansion of the Bolt Cutter Central discovery.

Positive factors

  • High-grade intercept.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“8.0m @ 1.50%Li₂O from 89.0m (BCRC115) (est. true width)”

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

BCRC005Bolt Cutter · lithiumGrade: 1.2Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
BCRC005
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
10 m
From
3 m
To
13 m
Intercept Depth
3 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC005:3-13
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good very shallow intercept, indicating near-surface mineralization and contributing to the expansion of the Bolt Cutter Central discovery.

Positive factors

  • Good intercept length and grade at very shallow depth.
  • Supports expansion of the discovery.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“10.0m @ 1.2%Li₂O from 3.0m (BCRC005) (est. true width)”

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

BCMT001Bolt Cutter · lithiumGrade: 1.3Grade Unit: %Intercept: 9.4 mView all details
Link to this fact

Identity

Hole ID
BCMT001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
9.4 m
From
23.2 m
To
32.6 m
Intercept Depth
23.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT001:23.2-32.6
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept from a metallurgical hole, providing material for testwork and confirming mineralization.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“9.4m @ 1.3%Li₂O from 23.2m (est. true width)”

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

BCMT001Bolt Cutter · lithiumGrade: 1.2Grade Unit: %Intercept: 8.1 mView all details
Link to this fact

Identity

Hole ID
BCMT001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
8.1 m
From
39.7 m
To
47.8 m
Intercept Depth
39.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT001:39.7-47.8
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept from a metallurgical hole, providing material for testwork and confirming mineralization.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“8.1m @ 1.2%Li₂O from 39.7m (est. true width)”

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

BCMT001Bolt Cutter · lithiumGrade: 1.6Grade Unit: %Intercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
BCMT001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.6
Grade Unit
%
Intercept
2.3 m
From
51.7 m
To
54 m
Intercept Depth
51.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT001:51.7-54
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade intercept from a metallurgical hole, providing material for testwork and confirming strong mineralization.

Positive factors

  • High-grade intercept.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“2.3m @ 1.6%Li₂O from 51.7m (est. true width)”

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

BCMT001Bolt Cutter · lithiumGrade: 1.2Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
BCMT001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.2
Grade Unit
%
Intercept
4.8 m
From
153.9 m
To
158.7 m
Intercept Depth
153.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT001:153.9-158.7
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good grade intercept from a metallurgical hole, providing material for testwork and confirming mineralization at depth.

Positive factors

  • Good grade intercept.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“4.8m @ 1.2%Li₂O from 153.9m (est. true width)”

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

BCMT001Bolt Cutter · lithiumGrade: 1.3Grade Unit: %Intercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
BCMT001
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
2.6 m
From
179 m
To
181.6 m
Intercept Depth
179 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT001:179-181.6
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good grade intercept from a metallurgical hole, providing material for testwork and confirming mineralization at depth.

Positive factors

  • Good grade intercept.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“2.6m @ 1.3%Li₂O from 179.0m (est. true width)”

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

BCMT002Bolt Cutter · lithiumGrade: 1Grade Unit: %Intercept: 8.1 mView all details
Link to this fact

Identity

Hole ID
BCMT002
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1
Grade Unit
%
Intercept
8.1 m
From
34.1 m
To
42.2 m
Intercept Depth
34.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT002:34.1-42.2
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good shallow intercept from a metallurgical hole, providing material for testwork and confirming mineralization.

Positive factors

  • Good intercept length and grade at shallow depth.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“8.1m @ 1.0%Li₂O from 34.1m (est. true width)”

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

BCMT003Bolt Cutter · lithiumGrade: 1.4Grade Unit: %Intercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
BCMT003
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.4
Grade Unit
%
Intercept
7.6 m
From
32.1 m
To
39.7 m
Intercept Depth
32.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT003:32.1-39.7
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A strong high-grade shallow intercept from a metallurgical hole, providing material for testwork and confirming mineralization.

Positive factors

  • High-grade intercept at shallow depth.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“7.6m @ 1.4%Li₂O from 32.1m (est. true width)”

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

BCMT003Bolt Cutter · lithiumGrade: 1.1Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
BCMT003
Project
Bolt Cutter
Commodity
lithium
Region
pilbara, wa
Reported Region
pilbara, wa
Ticker
WC8

Geometry

Grade
1.1
Grade Unit
%
Intercept
4.1 m
From
82.8 m
To
86.9 m
Intercept Depth
82.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCMT003:82.8-86.9
Mining Method
open_pit

Location

Location
Bolt Cutter Central
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good grade intercept from a metallurgical hole, providing material for testwork and confirming mineralization at depth.

Positive factors

  • Good grade intercept.
  • Supports metallurgical analysis.

Negative factors

  • True width is estimated, not explicitly stated.

Evidence · text

“4.1m @ 1.1%Li₂O from 82.8m (est. true width)”

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

GHD009Mt Adrah · goldGrade: 17.7Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GHD009
Project
Mt Adrah
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
lachlan fold belt, nsw
Ticker
WC8

Geometry

Grade
17.7
Grade Unit
g/t
Intercept
10 m
From
506 m
To
516 m
Intercept Depth
506 m

Classification

Program
exploration
Sample Type
drill
Group ID
GHD009:506-516
Mining Method
underground

Location

Location
Castor Reef Prospect
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-08-23T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A high-grade historical gold intercept at depth, indicating potential for underground mining, but not new information.

Positive factors

  • High-grade gold intercept at depth.

Negative factors

  • Historical result, not new information.

Evidence · text

“10m @ 17.7 g/t Au from 506m (GHD009) at the Castor Reef Prospect”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

GHD011Mt Adrah · goldGrade: 58.6Grade Unit: g/tIntercept: 1.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GHD011
Project
Mt Adrah
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
lachlan fold belt, nsw
Ticker
WC8

Geometry

Grade
58.6
Grade Unit
g/t
Intercept
1.2 m
From
624 m
To
625.2 m
Intercept Depth
624 m

Classification

Program
exploration
Sample Type
drill
Group ID
GHD011:624-625.2
Mining Method
underground

Location

Location
White Deer Reef Prospect
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-08-23T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An exceptionally high-grade historical gold intercept at depth, indicating bonanza grades over a narrow width, but not new information.

Positive factors

  • Very high-grade gold intercept at depth.

Negative factors

  • Historical result, not new information.
  • Narrow intercept length.

Evidence · text

“1.2m @ 58.6 g/t Au from 624m (GHD011) at the White Deer Reef Prospect”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

WCRC003Mt Adrah · goldGrade: 0.4Grade Unit: g/tIntercept: 103 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
WCRC003
Project
Mt Adrah
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
lachlan fold belt, nsw
Ticker
WC8

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
103 m
From
0 m
To
103 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
WCRC003:0-103
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-08-23T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A very long historical intercept at surface with low gold grade, indicating bulk tonnage potential but not new information.

Positive factors

  • Very long intercept length at surface.

Negative factors

  • Low gold grade.
  • Historical result, not new information.

Evidence · text

“103m at 0.40g/t Au from 0m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

WCRC003Mt Adrah · goldGrade: 0.24Grade Unit: g/tIntercept: 68 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
WCRC003
Project
Mt Adrah
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
lachlan fold belt, nsw
Ticker
WC8

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
68 m
From
113 m
To
181 m
Intercept Depth
113 m

Classification

Program
exploration
Sample Type
drill
Group ID
WCRC003:113-181
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-08-23T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A long historical intercept with low gold grade, indicating bulk tonnage potential but not new information.

Positive factors

  • Long intercept length.

Negative factors

  • Low gold grade.
  • Historical result, not new information.

Evidence · text

“68m at 0.24g/t Au from 113m (WCRC003)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

WCRC004Mt Adrah · goldGrade: 0.25Grade Unit: g/tIntercept: 220 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
WCRC004
Project
Mt Adrah
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
lachlan fold belt, nsw
Ticker
WC8

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
220 m
From
0 m
To
220 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
WCRC004:0-220
Mining Method
open_pit

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-08-23T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: An exceptionally long historical intercept at surface with low gold grade, indicating very large bulk tonnage potential but not new information.

Positive factors

  • Exceptionally long intercept length at surface.

Negative factors

  • Low gold grade.
  • Historical result, not new information.

Evidence · text

“220m at 0.25g/t Au from 0m (WCRC004)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Resource Estimates (35)

indicatedTabba Tabba Project · lithiumTonnes: 70000000Grade: 1.01Grade Unit: %Contained Metal: 709100Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:b52384dee28ff4533581

Resource Data

Category
indicated
Tonnes
70000000
Grade
1.01
Grade Unit
%
Contained Metal
709100
Contained Unit
t
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A substantial Indicated lithium resource at Tabba Tabba, reported under JORC, provides a strong foundation for project development.

Positive factors

  • Large tonnage and good grade for lithium.
  • High confidence category (Indicated) for a significant portion of the resource.
  • JORC compliant reporting standard.

Evidence · table

“1.01”

Context: 70.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTabba Tabba Project · tantalumTonnes: 70000000Grade: 53Grade Unit: ppmContained Metal: 9948600Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:b52384dee28ff4533581

Resource Data

Category
indicated
Tonnes
70000000
Grade
53
Grade Unit
ppm
Contained Metal
9948600
Contained Unit
lb
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Indicated tantalum resource provides a valuable byproduct credit to the primary lithium resource, enhancing overall project economics.

Positive factors

  • Tantalum is a valuable byproduct commodity.
  • Reported in a high confidence category (Indicated).

Evidence · table

“53”

Context: 70.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTabba Tabba Project · iron_oreTonnes: 70000000Grade: 0.64Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:b52384dee28ff4533581

Resource Data

Category
indicated
Tonnes
70000000
Grade
0.64
Grade Unit
%
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity rather than a primary economic driver.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.64”

Context: 70.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTabba Tabba Project · lithiumTonnes: 4100000Grade: 0.76Grade Unit: %Contained Metal: 31100Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3710825d7a1c35274eeb

Resource Data

Category
inferred
Tonnes
4100000
Grade
0.76
Grade Unit
%
Contained Metal
31100
Contained Unit
t
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Inferred resource provides additional tonnage but requires further drilling to upgrade confidence for economic studies.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Lower confidence category (Inferred).

Evidence · table

“0.76”

Context: 4.1

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

inferredTabba Tabba Project · tantalumTonnes: 4100000Grade: 64Grade Unit: ppmContained Metal: 724700Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3710825d7a1c35274eeb

Resource Data

Category
inferred
Tonnes
4100000
Grade
64
Grade Unit
ppm
Contained Metal
724700
Contained Unit
lb
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Inferred tantalum resource adds to the byproduct potential but requires further work to increase confidence.

Negative factors

  • Lower confidence category (Inferred).

Evidence · table

“64”

Context: 4.1

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

inferredTabba Tabba Project · iron_oreTonnes: 4100000Grade: 0.88Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3710825d7a1c35274eeb

Resource Data

Category
inferred
Tonnes
4100000
Grade
0.88
Grade Unit
%
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity rather than a primary economic driver.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.88”

Context: 4.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Fact 7Tabba Tabba Project · lithiumTonnes: 74100000Grade: 1Grade Unit: %Contained Metal: 740200Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:69e72a44ddf15190549d

Resource Data

Tonnes
74100000
Grade
1
Grade Unit
%
Contained Metal
740200
Contained Unit
t
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total lithium resource at Tabba Tabba is substantial and supports the project's potential for global relevance.

Positive factors

  • Significant total lithium resource, providing scale for development.
  • Good overall grade for lithium.

Evidence · table

“1.00”

Context: 74.1

Tags used in scoring

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

Fact 8Tabba Tabba Project · tantalumTonnes: 74100000Grade: 54Grade Unit: ppmContained Metal: 10673300Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:69e72a44ddf15190549d

Resource Data

Tonnes
74100000
Grade
54
Grade Unit
ppm
Contained Metal
10673300
Contained Unit
lb
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total tantalum resource provides a significant byproduct opportunity for the project.

Positive factors

  • Adds to overall contained metal for byproduct.

Evidence · table

“54”

Context: 74.1

Tags used in scoring

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

Fact 9Tabba Tabba Project · iron_oreTonnes: 74100000Grade: 0.65Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:69e72a44ddf15190549d

Resource Data

Tonnes
74100000
Grade
0.65
Grade Unit
%
Cutoff Grade
0.45
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.65”

Context: 74.1

Tags used in scoring

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTabba Tabba Project · lithiumTonnes: 1190000Grade: 0.09Grade Unit: %Contained Metal: 1073Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:5ddba974dc863b0b41d5
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
indicated
Tonnes
1190000
Grade
0.09
Grade Unit
%
Contained Metal
1073
Contained Unit
t
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This lithium grade is very low, indicating it's likely a byproduct or not the primary target for lithium in this specific pegmatite.

Negative factors

  • Very low lithium grade, indicating it's not the primary focus for lithium.

Evidence · table

“0.09”

Context: 1.19

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTabba Tabba Project · tantalumTonnes: 1190000Grade: 482Grade Unit: ppmContained Metal: 1267600Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:5ddba974dc863b0b41d5
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
indicated
Tonnes
1190000
Grade
482
Grade Unit
ppm
Contained Metal
1267600
Contained Unit
lb
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A significant Indicated tantalum resource with a high grade, supporting potential standalone production or a valuable byproduct stream.

Positive factors

  • High tantalum grade for a standalone resource.
  • Reported in a high confidence category (Indicated).
  • JORC compliant reporting standard.

Evidence · table

“482”

Context: 1.19

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTabba Tabba Project · iron_oreTonnes: 1190000Grade: 0.74Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:5ddba974dc863b0b41d5
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
indicated
Tonnes
1190000
Grade
0.74
Grade Unit
%
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.74”

Context: 1.19

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTabba Tabba Project · lithiumTonnes: 10000Grade: 0.05Grade Unit: %Contained Metal: 5Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:846ffa6c9e12de9410eb
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
inferred
Tonnes
10000
Grade
0.05
Grade Unit
%
Contained Metal
5
Contained Unit
t
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Inferred lithium resource is very small and low grade, indicating minimal economic contribution.

Negative factors

  • Very low lithium grade and low confidence category (Inferred).

Evidence · table

“0.05”

Context: 0.01

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

inferredTabba Tabba Project · tantalumTonnes: 10000Grade: 445Grade Unit: ppmContained Metal: 9700Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:846ffa6c9e12de9410eb
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
inferred
Tonnes
10000
Grade
445
Grade Unit
ppm
Contained Metal
9700
Contained Unit
lb
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Inferred tantalum resource is small but maintains a good grade, requiring further work to upgrade confidence.

Negative factors

  • Low tonnage and lower confidence category (Inferred).

Evidence · table

“445”

Context: 0.01

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

inferredTabba Tabba Project · iron_oreTonnes: 10000Grade: 2.5Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:846ffa6c9e12de9410eb
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Category
inferred
Tonnes
10000
Grade
2.5
Grade Unit
%
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low tonnage and low confidence category (Inferred).

Evidence · table

“2.50”

Context: 0.01

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Tabba Tabba PegmatiteTabba Tabba Project · lithiumTonnes: 1200000Grade: 0.09Grade Unit: %Contained Metal: 1078Contained Unit: tView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:df8ac204e18aa8e8d7c2
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Tonnes
1200000
Grade
0.09
Grade Unit
%
Contained Metal
1078
Contained Unit
t
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total lithium grade in the tantalum resource is very low, confirming it as a byproduct.

Negative factors

  • Very low lithium grade, indicating it's not the primary focus for lithium.

Evidence · table

“0.09”

Context: 1.20

Tags used in scoring

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

Tabba Tabba PegmatiteTabba Tabba Project · tantalumTonnes: 1200000Grade: 482Grade Unit: ppmContained Metal: 1277300Contained Unit: lbView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:df8ac204e18aa8e8d7c2
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Tonnes
1200000
Grade
482
Grade Unit
ppm
Contained Metal
1277300
Contained Unit
lb
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total tantalum resource is substantial and high-grade, providing a strong economic contribution.

Positive factors

  • Significant total tantalum resource with high grade, enhancing project value.

Evidence · table

“482”

Context: 1.20

Tags used in scoring

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

Tabba Tabba PegmatiteTabba Tabba Project · iron_oreTonnes: 1200000Grade: 0.76Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:df8ac204e18aa8e8d7c2
Deposit or zone
Tabba Tabba Pegmatite

Resource Data

Tonnes
1200000
Grade
0.76
Grade Unit
%
Cutoff Grade
200
Cutoff Unit
ppm Ta₂O₅

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.76”

Context: 1.20

Tags used in scoring

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · lithiumTonnes: 36800000Grade: 1Grade Unit: %Contained Metal: 366000Contained Unit: ktView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a9beb491331e75e4181d

Resource Data

Category
probable
Tonnes
36800000
Grade
1
Grade Unit
%
Contained Metal
366000
Contained Unit
kt
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A substantial Probable Ore Reserve for open pit mining at Tabba Tabba confirms economic viability and de-risks the project.

Positive factors

  • Large tonnage in Probable Reserve category, supporting economic viability.
  • Good lithium grade for open pit mining.
  • JORC compliant reporting standard.

Evidence · table

“1.00”

Context: 36.8

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableTabba Tabba Project · tantalumTonnes: 36800000Grade: 62.4Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a9beb491331e75e4181d

Resource Data

Category
probable
Tonnes
36800000
Grade
62.4
Grade Unit
ppm
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The tantalum content in the open pit Probable Reserve provides a valuable byproduct credit.

Positive factors

  • Adds byproduct value to the open pit reserve.

Evidence · table

“62.40”

Context: 36.8

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · iron_oreTonnes: 36800000Grade: 1.06Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:a9beb491331e75e4181d

Resource Data

Category
probable
Tonnes
36800000
Grade
1.06
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“1.06”

Context: 36.8

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · lithiumTonnes: 9500000Grade: 0.94Grade Unit: %Contained Metal: 90000Contained Unit: ktView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3a9d4fd9d24daabc5a06

Resource Data

Category
probable
Tonnes
9500000
Grade
0.94
Grade Unit
%
Contained Metal
90000
Contained Unit
kt
Cutoff Grade
0.7
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The underground Probable Ore Reserve provides additional economic material, contributing to the project's overall mine life.

Positive factors

  • Adds to overall reserve base with good grade for underground mining.
  • JORC compliant reporting standard.

Evidence · table

“0.94”

Context: 9.5

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableTabba Tabba Project · tantalumTonnes: 9500000Grade: 51.9Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3a9d4fd9d24daabc5a06

Resource Data

Category
probable
Tonnes
9500000
Grade
51.9
Grade Unit
ppm
Cutoff Grade
0.7
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The tantalum content in the underground Probable Reserve provides a valuable byproduct credit.

Positive factors

  • Adds byproduct value to the underground reserve.

Evidence · table

“51.9”

Context: 9.5

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · iron_oreTonnes: 9500000Grade: 0.86Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:3a9d4fd9d24daabc5a06

Resource Data

Category
probable
Tonnes
9500000
Grade
0.86
Grade Unit
%
Cutoff Grade
0.7
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“0.86”

Context: 9.5

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · lithiumTonnes: 46300000Grade: 0.99Grade Unit: %Contained Metal: 456000Contained Unit: ktView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d8fd5486df68aa0b6202

Resource Data

Category
probable
Tonnes
46300000
Grade
0.99
Grade Unit
%
Contained Metal
456000
Contained Unit
kt
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total Probable Ore Reserve for Tabba Tabba is substantial and confirms the project's economic viability, supporting its advancement towards production.

Positive factors

  • Significant total Probable Ore Reserve, confirming economic viability.
  • Good overall lithium grade.
  • JORC compliant reporting standard.

Evidence · table

“0.99”

Context: 46.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableTabba Tabba Project · tantalumTonnes: 46300000Grade: 60.2Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d8fd5486df68aa0b6202

Resource Data

Category
probable
Tonnes
46300000
Grade
60.2
Grade Unit
ppm
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total tantalum content in the Probable Reserve provides a valuable byproduct credit.

Positive factors

  • Adds byproduct value to the total reserve.

Evidence · table

“60.2”

Context: 46.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

probableTabba Tabba Project · iron_oreTonnes: 46300000Grade: 1.02Grade Unit: %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d8fd5486df68aa0b6202

Resource Data

Category
probable
Tonnes
46300000
Grade
1.02
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
%Li₂O

Prior Estimate

Resource Date
2025-07-29

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The iron content is low and likely represents a minor component or impurity.

Negative factors

  • Low grade for iron, likely a minor component.

Evidence · table

“1.02”

Context: 46.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedMt Adrah Project · goldTonnes: 600000Grade: 0.9Grade Unit: g/tContained Metal: 18000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:c3f547eb712aeff33ef2
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
indicated
Tonnes
600000
Grade
0.9
Grade Unit
g/t
Contained Metal
18000
Contained Unit
oz
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Indicated resource for Hobbs Pipe is relatively small and historical, suggesting it's not a current focus for significant development.

Negative factors

  • Relatively small tonnage and contained gold for an Indicated resource.
  • Historical estimate (2019) with no update in this report.

Evidence · table

“0.9”

Context: 0.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

indicatedMt Adrah Project · goldTonnes: 3000000Grade: 1Grade Unit: g/tContained Metal: 96000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:472b7d83102c091abe63
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
indicated
Tonnes
3000000
Grade
1
Grade Unit
g/t
Contained Metal
96000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This Indicated resource provides a moderate amount of contained gold but is historical, indicating a need for updated information.

Negative factors

  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.0”

Context: 3.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

indicatedMt Adrah Project · goldTonnes: 8500000Grade: 1.2Grade Unit: g/tContained Metal: 320000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:704f65b672d3ca7994ce
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
indicated
Tonnes
8500000
Grade
1.2
Grade Unit
g/t
Contained Metal
320000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good-sized Indicated resource at a reasonable grade, but its historical nature reduces its current impact.

Negative factors

  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.2”

Context: 8.5

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

Hobbs Pipe Gold DepositMt Adrah Project · goldTonnes: 12100000Grade: 1.1Grade Unit: g/tContained Metal: 440000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:0a18ede147aed24fd49b
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Tonnes
12100000
Grade
1.1
Grade Unit
g/t
Contained Metal
440000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total Indicated resource for Hobbs Pipe is a good base but its historical nature limits current impact.

Negative factors

  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.1”

Context: 12.1

Tags used in scoring

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

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

inferredMt Adrah Project · goldTonnes: 200000Grade: 0.6Grade Unit: g/tContained Metal: 39000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:cdd7d2f14c1b0ef6fbc9
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
inferred
Tonnes
200000
Grade
0.6
Grade Unit
g/t
Contained Metal
39000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The Inferred resource is small and historical, indicating limited current impact on project valuation.

Negative factors

  • Small tonnage and lower confidence category (Inferred).
  • Historical estimate (2019) with no update in this report.

Evidence · table

“0.6”

Context: 0.2

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

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

inferredMt Adrah Project · goldTonnes: 8200000Grade: 1.1Grade Unit: g/tContained Metal: 290000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:90cec5b9051caf792271
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
inferred
Tonnes
8200000
Grade
1.1
Grade Unit
g/t
Contained Metal
290000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: A good-sized Inferred resource at a reasonable grade, but its historical nature and lower confidence category limit its current impact.

Negative factors

  • Lower confidence category (Inferred).
  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.1”

Context: 8.2

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

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

Hobbs Pipe Gold DepositMt Adrah Project · goldTonnes: 8400000Grade: 1.1Grade Unit: g/tContained Metal: 330000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:4cf305d2c93f79cb7c87
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Tonnes
8400000
Grade
1.1
Grade Unit
g/t
Contained Metal
330000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total Inferred resource for Hobbs Pipe is a good base but its historical nature limits current impact.

Negative factors

  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.1”

Context: 8.4

Tags used in scoring

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

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

Hobbs Pipe Gold DepositMt Adrah Project · goldTonnes: 20500000Grade: 1.1Grade Unit: g/tContained Metal: 770000Contained Unit: ozView all details
Link to this fact

Identity

Project
Mt Adrah Project
Commodity
gold
Region
lachlan fold belt, nsw
Reported Region
Lachlan Fold Belt, NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:40e931a2055255a25af2
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Tonnes
20500000
Grade
1.1
Grade Unit
g/t
Contained Metal
770000
Contained Unit
oz
Cutoff Grade
0.9
Cutoff Unit
g/t

Prior Estimate

Resource Date
2019-08-23

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The total resource for Hobbs Pipe represents a significant gold asset, but its historical nature means it's not a current focus for new information.

Positive factors

  • Significant total contained gold for the project.

Negative factors

  • Historical estimate (2019) with no update in this report.

Evidence · table

“1.1”

Context: 20.5

Tags used in scoring

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

Stale Estimatenegative

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

Why it applies: effective date is 7.1 years before this release

Metallurgical Results (6)

gravityTabba Tabba Project · tantalumRecovery: 60 %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tantalum
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
detailed
Test Type
gravity
Processing Route
simple gravity processing flowsheet

Recovery

Recovery
60 %
Recovery Basis
actual_test
Conc. Grade
5
Conc. Grade Unit
% Ta₂O₅

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Positive metallurgical testwork for tantalum confirms a simple and effective gravity processing route, supporting a high-grade concentrate and potential standalone production.

Positive factors

  • Good recovery for tantalum.
  • High concentrate grade.
  • Simple processing flowsheet, indicating lower technical risk.
  • Potential for standalone plant, adding project flexibility.

Evidence · text

“simple gravity processing flowsheet. Results indicate that a potential standalone plant can produce a >5.0% Ta₂O₅ concentrate at 60–65% recovery”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

gravityTabba Tabba Project · niobiumView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
niobium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
detailed
Test Type
gravity
Processing Route
simple gravity processing flowsheet

Recovery

Conc. Grade
2
Conc. Grade Unit
% Nb₂O₅

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Niobium content in the tantalum concentrate adds byproduct value, enhancing overall project economics.

Positive factors

  • Niobium as a valuable byproduct in the concentrate.

Evidence · text

“with niobium (2.0% Nb₂O₅)”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

gravityTabba Tabba Project · tinView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
tin
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
detailed
Test Type
gravity
Processing Route
simple gravity processing flowsheet

Recovery

Conc. Grade
1.4
Conc. Grade Unit
% SnO₂

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Tin content in the tantalum concentrate adds byproduct value, enhancing overall project economics.

Positive factors

  • Tin as a valuable byproduct in the concentrate.

Evidence · text

“and tin (1.4% SnO₂)”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

flotationTabba Tabba Project · lithiumRecovery: 74 %View all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
whole-of-ore flotation
Sample
Year 1–2 composite

Recovery

Recovery
74 %
Recovery Basis
actual_test
Conc. Grade
5.65
Conc. Grade Unit
%Li₂O

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Positive bulk flotation testwork confirms the viability of producing high-quality spodumene concentrate with good recovery, supporting the DFS.

Positive factors

  • Good concentrate grade for spodumene.
  • Low iron content in concentrate, indicating good quality.
  • Recovery in line with PFS, confirming process viability.
  • Testwork focused on early production material, increasing confidence.

Evidence · text

“Bulk flotation testwork on the Year 1–2 composite produced a spodumene concentrate grading 5.65%Li₂O with low iron content of 0.63% Fe₂O₃. Overall lithium recovery remained in line with the PFS”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationTabba Tabba Project · iron_oreView all details
Link to this fact

Identity

Project
Tabba Tabba Project
Commodity
iron_ore
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
whole-of-ore flotation
Sample
Year 1–2 composite

Recovery

Conc. Grade
0.63
Conc. Grade Unit
% Fe₂O₃

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Low iron content in the spodumene concentrate is a positive indicator for concentrate quality and marketability.

Positive factors

  • Low iron content in concentrate, indicating good quality and reduced penalty risk.

Evidence · text

“low iron content of 0.63% Fe₂O₃”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationBolt Cutter Project · lithiumRecovery: 82.5 %View all details
Link to this fact

Identity

Project
Bolt Cutter Project
Commodity
lithium
Region
pilbara, wa
Reported Region
Pilbara, WA
Ticker
WC8

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
whole-of-ore flotation
Sample
three composite samples from Harry pegmatite swarm

Recovery

Recovery
82.5 %
Recovery Basis
actual_test
Conc. Grade
5.66
Conc. Grade Unit
%Li₂O

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Excellent maiden metallurgical testwork results for Bolt Cutter Central confirm high recovery and concentrate grade, demonstrating strong potential for integration with Tabba Tabba's processing.

Positive factors

  • High average lithium recovery.
  • High average spodumene concentrate grade.
  • Achieved without project-specific optimization, indicating robust metallurgy.
  • Strong metallurgical correlation with Tabba Tabba, supporting hub-and-spoke model.

Evidence · text

“average lithium recovery of 82.5% while generating an average spodumene concentrate grading 5.66%Li₂O from three separate composite samples.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 82.5% is at or above the exceptional band (80%)

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.