WC8: Quarterly Activities/Appendix 5B Cash Flow Report

Original announcement by asx on

Company
Wildcat Resources Limited
Ticker
WC8
Exchange
ASX
Region
Pilbara, Western Australia
Primary commodity
Lithium
Secondary commodities
Gold, Tantalum, Iron ore
Document categories
Capital raise, Drill results, Agreement transaction, Resource update, Metallurgy
Extracted
2026-10-12 22:36:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Wildcat Resources Limited successfully secured $60 million through an institutional placement, significantly bolstering its balance sheet to accelerate development at the Tabba Tabba Project and advance the Bolt Cutter Central lithium discovery. The company reported strong new lithium drill results from both projects, including 13.9m at 2.0% Li₂O at Tabba Tabba and 16m at 1.5% Li₂O at Bolt Cutter Central, while also progressing its Definitive Feasibility Study and maiden Mineral Resource Estimate. Additionally, Wildcat expanded its strategic tenure at Tabba Tabba through the acquisition of pegmatite rights, tripling the explorable strike length.

Reasoning: Wildcat Resources secured a substantial capital raise, reported strong new lithium drill intercepts from two key projects, and made strategic advancements in project development and exploration, indicating significant progress and a strengthened financial position.

Positive factors

  • Successful capital raise significantly strengthens balance sheet and funds key projects.
  • Strong drill results from Tabba Tabba and Bolt Cutter Central confirm and extend lithium mineralization.
  • Strategic acquisition of pegmatite rights expands Tabba Tabba project footprint and exploration potential.
  • Progress on Definitive Feasibility Study (DFS) for Tabba Tabba and maiden Mineral Resource Estimate (MRE) for Bolt Cutter Central de-risks projects.

Facts used in scoring: 47

Classification and evidence

Mill Routeneutral

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

Why it applies: the document describes a flotation route ("flotation")

Extracted facts

Stored fact records: 45. Some facts used in scoring do not have a stored record.

Drill Results (9)

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
australia_wa
Reported Region
australia_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

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept shows exceptional lithium grade and good width, with a true width estimate, significantly contributing to resource definition and the Tabba Tabba DFS.

Positive factors

  • Exceptional lithium grade (2.0% Li2O) for a pegmatite deposit.
  • Good intercept width (13.9m) with a stated true width (10.0m).
  • Infill drilling supports resource definition and DFS advancement.

Evidence · text

“13.9m @ 2.0% Li₂O from 45.2m (10.0m est. true width)”

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is explicitly stated as 'infill and metallurgical drilling' to support the DFS and resource characterisation.

Evidence · text

“Metallurgical and infill drilling also continued across the Hutt, Chewy and Leia pegmatites to support the DFS and ongoing resource characterisation.”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: 2.0% Li2O is well above the exceptional threshold for lithium (>=1.8% Li2O).

Evidence · text

“2.0% Li₂O”

True Width DisclosedRejected · positive

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

Reason: An estimated true width of 10.0m is provided for the intercept.

Evidence · text

“10.0m est. true width”
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
australia_wa
Reported Region
australia_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

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept shows strong lithium grade over a substantial width, supporting resource definition for the Tabba Tabba DFS, though the lack of a quantified true width requires cautious interpretation.

Positive factors

  • Strong lithium grade (1.2% Li2O) over a significant width (25.1m).
  • Infill drilling supports resource definition and DFS advancement.

Negative factors

  • True width is estimated but not quantified, leading to potential overestimation of true thickness.

Evidence · text

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

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is explicitly stated as 'infill and metallurgical drilling' to support the DFS and resource characterisation.

Evidence · text

“Metallurgical and infill drilling also continued across the Hutt, Chewy and Leia pegmatites to support the DFS and ongoing resource characterisation.”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Strong InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.2% Li2O is within the strong grade band for lithium (1.3% to 1.8% Li2O) and the width is significant.

Evidence · text

“1.2% Li₂O”

Apparent Width OnlyRejected · negative

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

Reason: The intercept is given as downhole width with 'est. true width' but no specific value, meaning the apparent width may overstate true thickness.

Evidence · text

“est. true width”
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
australia_wa
Reported Region
australia_wa
Ticker
WC8

Geometry

Grade
1.3
Grade Unit
%
Intercept
18 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

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept provides strong lithium grades over a good width, contributing to the resource characterisation and DFS for the Tabba Tabba Project.

Positive factors

  • Strong lithium grade (1.3% Li2O) over a good width (18m).
  • Infill drilling supports resource characterisation and DFS advancement.

Evidence · text

“18m @ 1.3% Li₂O from 69m (TARC435)”

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is explicitly stated as 'infill and metallurgical drilling' to support the DFS and resource characterisation.

Evidence · text

“Metallurgical and infill drilling also continued across the Hutt, Chewy and Leia pegmatites to support the DFS and ongoing resource characterisation.”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Strong InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.3% Li2O is within the strong grade band for lithium (1.3% to 1.8% Li2O).

Evidence · text

“1.3% Li₂O”
BCRC115Bolt Cutter Central · lithiumGrade: 1.5Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
BCRC115
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_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

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept demonstrates strong lithium grades and good width, confirming the continuity and scale of the Bolt Cutter Central pegmatite system, which remains open for further expansion.

Positive factors

  • Strong lithium grade (1.5% Li2O) over a good width (16m).
  • Confirms continuity and scale of the pegmatite system, which remains open.

Negative factors

  • True width is estimated but not quantified, leading to potential overestimation of true thickness.

Evidence · text

“16m @ 1.5% Li₂O from 116m (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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Strong InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.5% Li2O is within the strong grade band for lithium (1.3% to 1.8% Li2O).

Evidence · text

“1.5% Li₂O”

Apparent Width OnlyRejected · negative

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

Reason: The intercept is given as downhole width with 'est. true width' but no specific value, meaning the apparent width may overstate true thickness.

Evidence · text

“est. true width”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drilling confirms the mineralised footprint 'remaining open in multiple directions', indicating extension beyond previously known limits.

Evidence · text

“mineralised footprint extending over approximately 2.3km by 0.8km and remaining open in multiple directions.”
BCRC113Bolt Cutter Central · lithiumGrade: 1.1Grade Unit: %Intercept: 18 mView all details
Link to this fact

Identity

Hole ID
BCRC113
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_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

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This near-surface intercept shows moderate lithium grades over a good width, confirming the continuity of the Bolt Cutter Central pegmatite system, which remains open for further exploration.

Positive factors

  • Moderate lithium grade (1.1% Li2O) over a good width (18m).
  • Near-surface intercept, potentially favorable for open-pit mining.
  • Confirms continuity and scale of the pegmatite system, which remains open.

Negative factors

  • True width is estimated but not quantified, leading to potential overestimation of true thickness.

Evidence · text

“18m @ 1.1% Li₂O from 16m (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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Moderate InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.1% Li2O is within the moderate grade band for lithium (0.9% to 1.3% Li2O).

Evidence · text

“1.1% Li₂O”

Apparent Width OnlyRejected · negative

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

Reason: The intercept is given as downhole width with 'est. true width' but no specific value, meaning the apparent width may overstate true thickness.

Evidence · text

“est. true width”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drilling confirms the mineralised footprint 'remaining open in multiple directions', indicating extension beyond previously known limits.

Evidence · text

“mineralised footprint extending over approximately 2.3km by 0.8km and remaining open in multiple directions.”
BCRC112Bolt Cutter Central · lithiumGrade: 1.5Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
BCRC112
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_wa
Ticker
WC8

Geometry

Grade
1.5
Grade Unit
%
Intercept
11 m
From
67 m
To
78 m
Intercept Depth
67 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC112:67-78
Mining Method
open_pit

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept shows strong lithium grades over a good width, reinforcing the stacked nature and vertical continuity of the Bolt Cutter Central pegmatite system.

Positive factors

  • Strong lithium grade (1.5% Li2O) over a good width (11m).
  • Reinforces stacked nature and vertical continuity of the pegmatite system.

Evidence · text

“11m @ 1.5% Li₂O from 67m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Strong InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.5% Li2O is within the strong grade band for lithium (1.3% to 1.8% Li2O).

Evidence · text

“1.5% Li₂O”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drilling confirms the mineralised footprint 'remaining open in multiple directions', indicating extension beyond previously known limits.

Evidence · text

“mineralised footprint extending over approximately 2.3km by 0.8km and remaining open in multiple directions.”
BCRC112Bolt Cutter Central · lithiumGrade: 1.5Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
BCRC112
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_wa
Ticker
WC8

Geometry

Grade
1.5
Grade Unit
%
Intercept
6 m
From
174 m
To
180 m
Intercept Depth
67 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC112:174-180
Mining Method
open_pit

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept shows strong lithium grades over a moderate width, further reinforcing the stacked nature and vertical continuity of the Bolt Cutter Central pegmatite system.

Positive factors

  • Strong lithium grade (1.5% Li2O) over a moderate width (6m).
  • Reinforces stacked nature and vertical continuity of the pegmatite system.

Evidence · text

“6m @ 1.5% Li₂O from 174m (BCRC112)”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Strong InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.5% Li2O is within the strong grade band for lithium (1.3% to 1.8% Li2O).

Evidence · text

“1.5% Li₂O”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drilling confirms the mineralised footprint 'remaining open in multiple directions', indicating extension beyond previously known limits.

Evidence · text

“mineralised footprint extending over approximately 2.3km by 0.8km and remaining open in multiple directions.”
BCRC108Bolt Cutter Central · lithiumGrade: 2Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
BCRC108
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_wa
Ticker
WC8

Geometry

Grade
2
Grade Unit
%
Intercept
2 m
From
20 m
To
22 m
Intercept Depth
20 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC108:20-22
Mining Method
open_pit

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept, while narrow, shows exceptional lithium grade and indicates new mineralized pegmatites outside the main system, offering exploration upside for Bolt Cutter Central.

Positive factors

  • Exceptional lithium grade (2.0% Li2O).
  • Identifies additional mineralised pegmatites outside the main system, providing exploration upside.

Negative factors

  • Narrow intercept width (2m) limits immediate economic significance.

Evidence · text

“BCRC108 returned 2m @ 2.0% Li₂O from 20m”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: 2.0% Li2O is well above the exceptional threshold for lithium (>=1.8% Li2O).

Evidence · text

“2.0% Li₂O”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is from 'exploration drilling outside the principal Harry-Hermione system' and 'identified additional mineralised pegmatites'.

Evidence · text

“Exploration drilling outside the principal Harry-Hermione system also identified additional mineralised pegmatites.”
BCRC102Bolt Cutter Central · lithiumGrade: 1Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
BCRC102
Project
Bolt Cutter Central
Commodity
lithium
Region
australia_wa
Reported Region
australia_wa
Ticker
WC8

Geometry

Grade
1
Grade Unit
%
Intercept
3 m
From
45 m
To
48 m
Intercept Depth
45 m

Classification

Program
exploration
Sample Type
drill
Group ID
BCRC102:45-48
Mining Method
open_pit

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This intercept, while narrow, shows moderate lithium grade and extends mineralization along strike, indicating potential for further exploration success at Bolt Cutter Central.

Positive factors

  • Moderate lithium grade (1.0% Li2O).
  • Extends mineralisation approximately 300m along strike, indicating potential for growth.

Negative factors

  • Narrow intercept width (3m) limits immediate economic significance.

Evidence · text

“drilling on adjacent E 45/5416 returned 3m @ 1.0% Li₂O from 45m (BCRC102), extending mineralisation approximately 300m along strike from the previously reported BCRC087 intersection.”

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

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Moderate InterceptRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: 1.0% Li2O is within the moderate grade band for lithium (0.9% to 1.3% Li2O).

Evidence · text

“1.0% Li₂O”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The intercept 'extending mineralisation approximately 300m along strike' indicates a step-out extension.

Evidence · text

“extending mineralisation approximately 300m along strike”

Resource Estimates (35)

indicatedTabba Tabba · lithiumTonnes: 70000000Grade: 1.01Grade Unit: % Li2OContained Metal: 709100Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2daff1c07cdb76c9aec8

Resource Data

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

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated resource for Tabba Tabba shows a good lithium grade over a large tonnage, providing a solid foundation, but its age means it has low novelty for this report.

Positive factors

  • High confidence category (Indicated) for a significant portion of the resource.
  • Good lithium grade (1.01% Li2O) for a large tonnage.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 70.0

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

indicatedTabba Tabba · tantalumTonnes: 70000000Grade: 53Grade Unit: ppmContained Metal: 9948600Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2daff1c07cdb76c9aec8

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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated resource for tantalum, a byproduct, has low novelty due to its age but provides context for the project's polymetallic nature.

Positive factors

  • High confidence category (Indicated) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 70.0

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

indicatedTabba Tabba · iron_oreTonnes: 70000000Grade: 0.64Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2daff1c07cdb76c9aec8

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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated resource for iron oxide, a byproduct, has low novelty due to its age but provides context for the project's polymetallic nature.

Positive factors

  • High confidence category (Indicated) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 70.0

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

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 · lithiumTonnes: 4100000Grade: 0.76Grade Unit: % Li2OContained Metal: 31100Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:c67317ab390dff4a5110

Resource Data

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

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred resource for lithium has low novelty due to its age and lower confidence category, providing context but not new information for this report.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) means geological continuity is assumed but not confirmed.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 4.1

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

inferredTabba Tabba · tantalumTonnes: 4100000Grade: 65Grade Unit: ppmContained Metal: 724700Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:c67317ab390dff4a5110

Resource Data

Category
inferred
Tonnes
4100000
Grade
65
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred resource for tantalum, a byproduct, has low novelty due to its age and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for a byproduct commodity.

Evidence · table

“65”

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 4.1

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

inferredTabba Tabba · iron_oreTonnes: 4100000Grade: 0.88Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:c67317ab390dff4a5110

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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred resource for iron oxide, a byproduct, has low novelty due to its age and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for a byproduct commodity.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 4.1

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

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 · lithiumTonnes: 74100000Grade: 1Grade Unit: % Li2OContained Metal: 740200Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:4770363931cc94dd3443

Resource Data

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

Prior Estimate

Resource Date
2024-11-28

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total resource for Tabba Tabba shows a large tonnage with a good average lithium grade, but its age means it has low novelty for this report.

Positive factors

  • Large total resource tonnage with a good average lithium grade.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

Evidence · table

“1.00”

Context: 74.1

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

Fact 8Tabba Tabba · tantalumTonnes: 74100000Grade: 54Grade Unit: ppmContained Metal: 10673300Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:4770363931cc94dd3443

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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total resource for tantalum, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

Evidence · table

“54”

Context: 74.1

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

Fact 9Tabba Tabba · iron_oreTonnes: 74100000Grade: 0.65Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:4770363931cc94dd3443

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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total resource for iron oxide, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

Evidence · table

“0.65”

Context: 74.1

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba JORC (2012) MRE”

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

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 · tantalumTonnes: 1190000Grade: 482Grade Unit: ppmContained Metal: 1267600Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:f9c00171b8f802e65432
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated tantalum resource, specific to the Tabba Tabba Pegmatite, has low novelty due to its age but provides context for the project's tantalum potential.

Positive factors

  • High confidence category (Indicated) for the tantalum resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 1.19

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

indicatedTabba Tabba · lithiumTonnes: 1190000Grade: 0.09Grade Unit: %Contained Metal: 1073Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:f9c00171b8f802e65432
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated resource for lithium, a byproduct, has low novelty due to its age and low grade.

Positive factors

  • High confidence category (Indicated) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 1.19

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

indicatedTabba Tabba · iron_oreTonnes: 1190000Grade: 0.74Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:f9c00171b8f802e65432
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated resource for iron oxide, a byproduct, has low novelty due to its age.

Positive factors

  • High confidence category (Indicated) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 1.19

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

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 · tantalumTonnes: 10000Grade: 445Grade Unit: ppmContained Metal: 9700Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:289a287a1fde81316adc
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred tantalum resource, specific to the Tabba Tabba Pegmatite, has low novelty due to its age and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for a small tonnage.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 0.01

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

inferredTabba Tabba · lithiumTonnes: 10000Grade: 0.05Grade Unit: %Contained Metal: 5Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:289a287a1fde81316adc
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred resource for lithium, a byproduct, has low novelty due to its age and very low grade.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for a byproduct commodity with very low grade.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 0.01

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

inferredTabba Tabba · iron_oreTonnes: 10000Grade: 2.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:289a287a1fde81316adc
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred resource for iron oxide, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for a byproduct commodity.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 0.01

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

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 · tantalumTonnes: 1200000Grade: 482Grade Unit: ppmContained Metal: 1277300Contained Unit: lbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2449ec955da59985c68e
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total tantalum resource, specific to the Tabba Tabba Pegmatite, has low novelty due to its age but provides context for the project's tantalum potential.

Positive factors

  • Good tantalum grade for the total resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

Evidence · table

“482”

Context: 1.20

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

Tabba Tabba PegmatiteTabba Tabba · lithiumTonnes: 1200000Grade: 0.09Grade Unit: %Contained Metal: 1078Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2449ec955da59985c68e
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total resource for lithium, a byproduct, has low novelty due to its age and very low grade.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Very low grade for lithium as a byproduct.

Evidence · table

“0.09”

Context: 1.20

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

Tabba Tabba PegmatiteTabba Tabba · iron_oreTonnes: 1200000Grade: 0.76Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:2449ec955da59985c68e
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
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-28T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total resource for iron oxide, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.

Evidence · table

“0.76”

Context: 1.20

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“Tabba Tabba Tantalum MRE as at 28 November 2024”

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

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 · lithiumTonnes: 36800000Grade: 1Grade Unit: % Li2OContained Metal: 366000Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:fd1e7264f09d318d5b88

Resource Data

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable reserve for Tabba Tabba shows a good lithium grade over a large tonnage, providing a solid foundation, but its age means it has low novelty for this report.

Positive factors

  • High confidence category (Probable) for a significant portion of the reserve.
  • Good lithium grade (1.0% Li2O) for a large tonnage.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“1.00”

Context: 36.8

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

probableTabba Tabba · tantalumTonnes: 36800000Grade: 62.4Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:fd1e7264f09d318d5b88

Resource Data

Category
probable
Tonnes
36800000
Grade
62.4
Grade Unit
ppm

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable reserve for tantalum, a byproduct, has low novelty due to its age but provides context for the project's polymetallic nature.

Positive factors

  • High confidence category (Probable) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“62.4”

Context: 36.8

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · iron_oreTonnes: 36800000Grade: 1.06Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:fd1e7264f09d318d5b88

Resource Data

Category
probable
Tonnes
36800000
Grade
1.06
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable reserve for iron oxide, a byproduct, has low novelty due to its age.

Positive factors

  • High confidence category (Probable) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“1.06”

Context: 36.8

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · lithiumTonnes: 9500000Grade: 0.94Grade Unit: % Li2OContained Metal: 90000Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:9232290f165af530795b

Resource Data

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable underground reserve for Tabba Tabba shows a good lithium grade, but its age means it has low novelty for this report.

Positive factors

  • High confidence category (Probable) for the underground reserve.
  • Good lithium grade (0.94% Li2O) for the tonnage.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“0.94”

Context: 9.5

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

probableTabba Tabba · tantalumTonnes: 9500000Grade: 51.9Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:9232290f165af530795b

Resource Data

Category
probable
Tonnes
9500000
Grade
51.9
Grade Unit
ppm

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable underground reserve for tantalum, a byproduct, has low novelty due to its age.

Positive factors

  • High confidence category (Probable) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“51.9”

Context: 9.5

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · iron_oreTonnes: 9500000Grade: 0.86Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:9232290f165af530795b

Resource Data

Category
probable
Tonnes
9500000
Grade
0.86
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Probable underground reserve for iron oxide, a byproduct, has low novelty due to its age.

Positive factors

  • High confidence category (Probable) for a byproduct commodity.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“0.86”

Context: 9.5

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · lithiumTonnes: 46300000Grade: 0.99Grade Unit: % Li2OContained Metal: 456000Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:91ce57f7ca1947ed77e8

Resource Data

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total probable reserve for Tabba Tabba shows a large tonnage with a good average lithium grade, but its age means it has low novelty for this report.

Positive factors

  • Large total probable reserve tonnage with a good average lithium grade.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“0.99”

Context: 46.3

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

probableTabba Tabba · tantalumTonnes: 46300000Grade: 60.2Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
tantalum
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:91ce57f7ca1947ed77e8

Resource Data

Category
probable
Tonnes
46300000
Grade
60.2
Grade Unit
ppm

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total probable reserve for tantalum, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“60.2”

Context: 46.3

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · iron_oreTonnes: 46300000Grade: 1.02Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
iron_ore
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:91ce57f7ca1947ed77e8

Resource Data

Category
probable
Tonnes
46300000
Grade
1.02
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total probable reserve for iron oxide, a byproduct, has low novelty due to its age.

Negative factors

  • Estimate is historical and over 1 year old, raising concerns about data currency.

Evidence · table

“1.02”

Context: 46.3

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The reserve is based on a JORC (2012) MRE, implying JORC compliance.

Evidence · text

“The Ore Reserve is based on the November 2024 Mineral Resource Estimate (MRE) (Table 1)”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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 · goldTonnes: 600000Grade: 0.9Grade Unit: g/tContained Metal: 18000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:76406b2990c83796d800
Deposit or zone
Hobbs Pipe Gold Deposit
Material type
oxides

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated gold resource for Hobbs Pipe has very low novelty due to its age and relatively low grade, providing background context.

Positive factors

  • High confidence category (Indicated) for the resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Low gold grade (0.9 g/t Au) for an indicated resource.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 0.6

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

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

indicatedMt Adrah · goldTonnes: 3000000Grade: 1Grade Unit: g/tContained Metal: 96000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:8e4b1d644a2b69bd3759
Deposit or zone
Hobbs Pipe Gold Deposit
Material type
fresh

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated gold resource for Hobbs Pipe has very low novelty due to its age, providing background context.

Positive factors

  • High confidence category (Indicated) for the resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Moderate gold grade (1.0 g/t Au) for an indicated resource.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 3.0

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

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

indicatedMt Adrah · goldTonnes: 8500000Grade: 1.2Grade Unit: g/tContained Metal: 320000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:fd21a60e63108a17d47e
Deposit or zone
Hobbs Pipe Gold Deposit
Material type
fresh

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Indicated gold resource for Hobbs Pipe has very low novelty due to its age, providing background context.

Positive factors

  • High confidence category (Indicated) for the resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Moderate gold grade (1.2 g/t Au) for an indicated resource.

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: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 8.5

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

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

indicatedMt Adrah · goldTonnes: 12100000Grade: 1.1Grade Unit: g/tContained Metal: 440000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:07c45e793d8ebb243e80
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
indicated
Tonnes
12100000
Grade
1.1
Grade Unit
g/t
Contained Metal
440000
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total Indicated gold resource for Hobbs Pipe has very low novelty due to its age, providing background context.

Positive factors

  • High confidence category (Indicated) for a significant total resource.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Moderate gold grade (1.1 g/t Au) for an indicated resource.

Evidence · table

“1.1”

Context: 12.1

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: The resource is classified as 'Indicated', indicating reasonable geological confidence.

Evidence · table

“Indicated”

Context: 12.1

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

inferredMt Adrah · goldTonnes: 200000Grade: 0.6Grade Unit: g/tContained Metal: 39000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:52bf897be2858c38772e
Deposit or zone
Hobbs Pipe Gold Deposit
Material type
fresh

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred gold resource for Hobbs Pipe has very low novelty due to its age, low grade, and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Low gold grade (0.6 g/t Au) for an inferred resource.
  • Lower confidence category (Inferred) means geological continuity is assumed but not confirmed.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 0.2

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

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

inferredMt Adrah · goldTonnes: 8200000Grade: 1.1Grade Unit: g/tContained Metal: 290000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:5a08cd62106f408a5344
Deposit or zone
Hobbs Pipe Gold Deposit
Material type
fresh

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical Inferred gold resource for Hobbs Pipe has very low novelty due to its age and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) means geological continuity is assumed but not confirmed.

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: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 8.2

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

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

inferredMt Adrah · goldTonnes: 8400000Grade: 1.1Grade Unit: g/tContained Metal: 330000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:1246605e1eddee4fbdc5
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

Category
inferred
Tonnes
8400000
Grade
1.1
Grade Unit
g/t
Contained Metal
330000
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total Inferred gold resource for Hobbs Pipe has very low novelty due to its age and lower confidence category.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Lower confidence category (Inferred) for the total resource.

Evidence · table

“1.1”

Context: 8.4

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: The resource is classified as 'Inferred', indicating lower geological confidence.

Evidence · table

“Inferred”

Context: 8.4

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

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

Identity

Project
Mt Adrah
Commodity
gold
Region
australia_nsw
Reported Region
NSW
Ticker
WC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Sam Hoppe
Resource group id
resource:1777a34195daa3fb3544
Deposit or zone
Hobbs Pipe Gold Deposit

Resource Data

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-12-27T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical total gold resource for Hobbs Pipe has very low novelty due to its age, providing background context.

Positive factors

  • Significant total gold resource tonnage.

Negative factors

  • Estimate is historical and over 2 years old, raising concerns about data currency.
  • Moderate gold grade (1.1 g/t Au) for the total resource.

Evidence · table

“1.1”

Context: 20.5

Tags used in scoring

JORC Compliantpositive

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

Why it applies: The resource estimate is explicitly stated as JORC (2012) compliant.

Evidence · text

“JORC (2012) Mineral Resources estimate for the Hobbs Pipe Gold Deposit”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

Metallurgical Results (1)

flotationTabba Tabba · lithiumRecovery: 79 %Head Grade: 1Head Grade Unit: % Li2OHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tabba Tabba
Commodity
lithium
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WC8

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation

Recovery

Recovery
79 %
Recovery Basis
actual_test
Head Grade
1
Head Grade Unit
% Li2O
Conc. Grade
5.5
Conc. Grade Unit
% Li2O

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This historical preliminary flotation testwork shows strong lithium recovery and a clean concentrate, indicating favorable metallurgy, but its age means it has low novelty for this report.

Positive factors

  • Strong lithium recovery (79%) for flotation.
  • Produced a good concentrate grade (5.5% Li2O) with low iron and no deleterious elements, indicating clean ore.

Negative factors

  • Test results are historical and over 2 years old, raising concerns about data currency.
  • Only 'stage 1' preliminary test results, suggesting further work may be needed.

Evidence · text

“In July 2024 the Company announced stage 1 metallurgical flotation test results of 79% to 84% at head grades of 1.0% to 1.4% Li2O to produce a 5.5% Li2O concentrate with low iron and no deleterious elements.”

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

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.