WGR: Annual Report to shareholders

Original announcement by asx on

Company
Western Gold Resources Limited
Ticker
WGR
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Other, Metallurgy
Extracted
2026-09-30 06:19:07 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Western Gold Resources Limited has released its Annual Report for the year ended 30 June 2026, highlighting a significant update to its Gold Duke Project Mineral Resource Estimate. The updated estimate, effective 20 December 2025, now totals 4.84 Mt at 1.8 g/t Au for 277,000 oz of contained gold, representing a 49% increase in total tonnes and 29% increase in contained gold ounces from the prior year. Notably, Measured and Indicated Resources increased by 107% in tonnes and 44% in contained ounces, providing a stronger foundation for the Expanded Scoping Study and advancing the project towards production.

Reasoning: The annual resource statement confirms a substantial increase in total and higher-confidence gold resources at the Gold Duke Project, driven by new drilling and updated modeling, which significantly de-risks the project and supports its development pathway, despite a slight decrease in overall average grade.

Positive factors

  • Significant increase in Measured and Indicated Resources, enhancing project confidence and de-risking.
  • Overall contained gold ounces increased by 29%, demonstrating substantial growth in the resource base.
  • Extensive close-spaced RC drilling (33,980 m) supported the resource update and improved geological confidence.
  • Resource estimate is JORC Code 2012 compliant and signed off by a Competent Person.
  • Underpins an Expanded Scoping Study with positive project economics.

Negative factors

  • Overall average resource grade decreased from 2.1 g/t Au to 1.8 g/t Au, indicating some dilution.
  • Indicated category tonnes and ounces decreased, primarily due to conversion to Measured, but still a reduction in that specific category.

Facts used in scoring: 57

Classification and evidence

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: Measured Resources increased from 3,000 oz to 81,000 oz, indicating a significant upgrade in confidence.

Evidence · text

“Measured Resources increased from 31,000 t for 3,000 oz to 1.60 Mt for 81,000 oz.”

Indicated Resourcepositive

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

Why it applies: The resource update includes 0.45 Mt at 1.6 g/t Au for 23,000 oz in the Indicated category.

Evidence · text

“0.45 Mt at 1.6 g/t Au for 23,000 oz in the Indicated category”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: Measured and Indicated Resources increased by approximately 107% in tonnes and 44% in contained gold ounces, with a significant reclassification of material into the Measured category.

Evidence · text

“Measured and Indicated Resources increased from approximately 0.99 Mt for 72,000 oz at 30 June 2025 to approximately 2.05 Mt for 104,000 oz at 30 June 2026. This represents an increase of approximately 107% in Measured and Indicated tonnes and approximately 44% in contained Measured and Indicated gold ounces”

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: Overall Gold Duke Mineral Resource increased from 3.25 Mt at 30 June 2025 to 4.84 Mt at 30 June 2026, an increase of approximately 49% in total tonnes.

Evidence · text

“Overall, the Gold Duke Mineral Resource increased from 3.25 Mt at 2.1 g/t Au for 214,000 oz at 30 June 2025 to 4.84 Mt at 1.8 g/t Au for 277,000 oz at 30 June 2026. This represents an increase of approximately 49% in total tonnes”

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Overall Gold Duke Mineral Resource increased from 214,000 oz at 30 June 2025 to 277,000 oz at 30 June 2026, an increase of approximately 29% in contained gold ounces.

Evidence · text

“Overall, the Gold Duke Mineral Resource increased from 3.25 Mt at 2.1 g/t Au for 214,000 oz at 30 June 2025 to 4.84 Mt at 1.8 g/t Au for 277,000 oz at 30 June 2026. This represents an increase of approximately 49% in total tonnes and 29% in contained gold ounces.”

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: The information relating to the Gold Duke Mineral Resource estimates is based on data compiled by Mr. Richard Bray, a Competent Person as defined in the JORC Code.

Evidence · text

“The information in this announcement relating to the Grade Control Drilling Exploration Results and information informing the Gold Duke Mineral Resource estimates is based on data compiled by Mr. Richard Bray, a Registered Professional Geologist with the Australian Institute of Geoscientists and an employee of the Company. ... to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).”

JORC Compliantpositive

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

Why it applies: The Mineral Resource Estimate has been reported in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”).

Evidence · text

“The Mineral Resource Estimate has been reported in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”).”

Resource Updateneutral

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

Why it applies: The document presents the Annual Mineral Resource Statement for 30 June 2026, reflecting an updated Mineral Resource Estimate.

Evidence · text

“Annual Mineral Resource Statement”

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: The overall Gold Duke Mineral Resource average grade decreased from 2.1 g/t Au at 30 June 2025 to 1.8 g/t Au at 30 June 2026.

Evidence · text

“Overall, the Gold Duke Mineral Resource increased from 3.25 Mt at 2.1 g/t Au for 214,000 oz at 30 June 2025 to 4.84 Mt at 1.8 g/t Au for 277,000 oz at 30 June 2026.”

High Recoverypositive · Story-specific tag

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

Why it applies: Metallurgical testwork has previously demonstrated recoveries of up to 95.1% from Gold Duke oxide mineralisation, which is considered high for gold.

Evidence · text

“Metallurgical testwork has previously demonstrated recoveries of up to 95.1% from Gold Duke oxide mineralisation”

Recovery Stagnantneutral · Story-specific tag

No improvement across multiple test programs on comparable material.

Why it applies: The document states 'Metallurgical testwork has previously demonstrated recoveries of up to 95.1%', implying no new testwork results are being presented, only a conservative figure applied.

Evidence · text

“Metallurgical testwork has previously demonstrated recoveries of up to 95.1% from Gold Duke oxide mineralisation, with a more conservative 93% recovery applied in the Expanded Scoping Study.”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 57. Some facts used in scoring do not have a stored record.

Resource Estimates (55)

measuredGold Duke · goldTonnes: 548000Grade: 1.8Grade Unit: g/tContained Metal: 32000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:21fc360015ba8c2ee319
Deposit or zone
Eagle
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
548000
Grade
1.8
Grade Unit
g/t
Contained Metal
32000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: New Measured Resource established for Eagle deposit, significantly improving confidence and contributing to overall resource growth.

Positive factors

  • New Measured Resource established from close-spaced 2025 grade control/infill drilling, which materially improved confidence in the continuity and geometry of the Eagle mineralised lodes.

Evidence · table

“1.8”

Context: 548

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 312000Grade: 1.3Grade Unit: g/tContained Metal: 13000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:79af4c255bef5952a8bd
Deposit or zone
Emu
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
312000
Grade
1.3
Grade Unit
g/t
Contained Metal
13000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: New Measured Resource established for Emu deposit, improving confidence, though with a lower grade reflecting better definition.

Positive factors

  • New Measured Resource established from close-spaced 2025 grade control/infill drilling.

Negative factors

  • The lower Measured grade reflects improved definition of the local grade distribution within the mining area.

Evidence · table

“1.3”

Context: 312

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 491000Grade: 1.4Grade Unit: g/tContained Metal: 22000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:aeff581884a5251c1905
Deposit or zone
Golden Monarch
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
491000
Grade
1.4
Grade Unit
g/t
Contained Metal
22000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
31000
Prior Grade
3.1
Prior Contained Metal
3000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Significant increase in Measured Resource for Golden Monarch, improving confidence, though with a lower grade due to better delineation.

Positive factors

  • Measured Resource increased substantially following close-spaced drilling and revised lode interpretation.

Negative factors

  • The lower Measured grade reflects improved delineation of mineralised boundaries and local grade variability.

Evidence · table

“1.4”

Context: 491

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 491000 against 31000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.4 against 3.1 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 22000 against 3000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 250000Grade: 1.7Grade Unit: g/tContained Metal: 14000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:a27aa47b4ad3932fef50
Deposit or zone
Gold King
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
250000
Grade
1.7
Grade Unit
g/t
Contained Metal
14000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: New Measured Resource established for Gold King, increasing confidence and contributing to overall resource growth.

Positive factors

  • New Measured Resource established from close-spaced 2025 drilling, refined modelling of the Gold King/Gold Hawk mineralised domains and increased confidence in geological and grade continuity.

Evidence · table

“1.7”

Context: 250

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 1601000Grade: 1.6Grade Unit: g/tContained Metal: 81000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:4362aa3a23bfb6b0182f
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
1601000
Grade
1.6
Grade Unit
g/t
Contained Metal
81000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
31000
Prior Grade
3.1
Prior Contained Metal
3000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A substantial increase in Measured Resources, driven by new drilling, significantly de-risks the project, despite a lower average grade.

Positive factors

  • Total Measured Resource increased substantially from 3,000 oz to 81,000 oz, indicating a significant upgrade in confidence.
  • Close-spaced drilling significantly improved geological confidence.

Negative factors

  • The average grade for Total Measured Resources decreased from 3.1 g/t Au to 1.6 g/t Au.

Evidence · table

“1.6”

Context: 1,601

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 1601000 against 31000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.6 against 3.1 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 81000 against 3000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 72000Grade: 2.4Grade Unit: g/tContained Metal: 6000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:ee41b9ad89d774cf657c
Deposit or zone
Eagle
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
72000
Grade
2.4
Grade Unit
g/t
Contained Metal
6000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
310000
Prior Grade
2.5
Prior Contained Metal
26000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Indicated resources for Eagle decreased due to successful conversion to Measured category, which is a positive for overall confidence but a reduction in this specific category.

Positive factors

  • Indicated material was reduced principally through conversion to Measured following close-spaced drilling, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Indicated material reduced significantly from 26 koz to 6 koz.

Evidence · table

“2.4”

Context: 72

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 72000 against 310000 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 6000 against 26000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 81000Grade: 1.3Grade Unit: g/tContained Metal: 3000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:ecf54caa479310155ca2
Deposit or zone
Emu
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
81000
Grade
1.3
Grade Unit
g/t
Contained Metal
3000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
120000
Prior Grade
1.9
Prior Contained Metal
7000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Indicated resources for Emu decreased due to conversion to Measured and refined modeling, which is positive for confidence but shows a reduction in this category and grade.

Positive factors

  • Indicated material reduced principally through conversion to Measured, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Indicated material reduced significantly from 7 koz to 3 koz.
  • Updated drilling and interpretation also refined the grade distribution and mineralised boundaries, resulting in a lower grade.

Evidence · table

“1.3”

Context: 81

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 81000 against 120000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.3 against 1.9 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 3000 against 7000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 135000Grade: 1.4Grade Unit: g/tContained Metal: 6000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:32e8561b1701310bba84
Deposit or zone
Golden Monarch
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
135000
Grade
1.4
Grade Unit
g/t
Contained Metal
6000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
280000
Prior Grade
2.3
Prior Contained Metal
20000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Indicated resources for Golden Monarch decreased due to conversion to Measured and revised modeling, which is positive for confidence but shows a reduction in this category and grade.

Positive factors

  • Indicated material reduced principally through conversion to Measured, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Indicated material reduced significantly from 20 koz to 6 koz.
  • Revised geological interpretation and RPEEE constraints redistributed material between classification categories, resulting in a lower grade.

Evidence · table

“1.4”

Context: 135

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 135000 against 280000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.4 against 2.3 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 6000 against 20000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 165000Grade: 1.6Grade Unit: g/tContained Metal: 8000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:bd6d76f813f918e2b513
Deposit or zone
Gold King
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
165000
Grade
1.6
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
250000
Prior Grade
2
Prior Contained Metal
16000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Indicated resources for Gold King decreased due to conversion to Measured and refined modeling, which is positive for confidence but shows a reduction in this category and grade.

Positive factors

  • Indicated material reduced principally through conversion to Measured following infill drilling and refined modelling, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Indicated material reduced significantly from 16 koz to 8 koz.
  • Grade decreased from 2.0 g/t Au to 1.6 g/t Au.

Evidence · table

“1.6”

Context: 165

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 165000 against 250000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.6 against 2 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 8000 against 16000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 453000Grade: 1.6Grade Unit: g/tContained Metal: 23000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:c1dc1787535a82991728
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
453000
Grade
1.6
Grade Unit
g/t
Contained Metal
23000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
960000
Prior Grade
2.2
Prior Contained Metal
69000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: While the Indicated category saw a reduction in tonnes and ounces, this was largely due to successful conversion to Measured resources, indicating an overall positive shift in confidence.

Positive factors

  • The reduction in Indicated category is primarily a consequence of material being upgraded into the Measured category, which is a positive for overall resource confidence.

Negative factors

  • Total Indicated Resources decreased significantly from 69,000 oz to 23,000 oz.
  • Average grade for Total Indicated Resources decreased from 2.2 g/t Au to 1.6 g/t Au.

Evidence · table

“1.6”

Context: 453

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 453000 against 960000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.6 against 2.2 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 23000 against 69000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 27000Grade: 2.6Grade Unit: g/tContained Metal: 2000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:d7466bc5f07eade0ea31
Deposit or zone
Eagle
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
27000
Grade
2.6
Grade Unit
g/t
Contained Metal
2000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
100000
Prior Grade
2
Prior Contained Metal
7000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Inferred resources for Eagle decreased due to conversion to higher confidence categories, which is a positive for overall resource confidence.

Positive factors

  • Inferred Resource reduced as close-spaced drilling converted most of the previously lower-confidence Eagle inventory to Measured and Indicated, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Inferred Resource reduced from 7 koz to 2 koz.

Evidence · table

“2.6”

Context: 27

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 27000 against 100000 previously

Grade Improvementpositive

Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 2.6 against 2 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 2000 against 7000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 72000Grade: 1.2Grade Unit: g/tContained Metal: 3000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:5f2b91c3d6b86f0ab6eb
Deposit or zone
Emu
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
72000
Grade
1.2
Grade Unit
g/t
Contained Metal
3000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
120000
Prior Grade
2.1
Prior Contained Metal
8000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Inferred resources for Emu decreased due to conversion to higher confidence categories, which is positive for overall resource confidence, but also shows a grade reduction.

Positive factors

  • Inferred Resource reduced as drilling increased confidence and converted material to higher classifications, indicating an upgrade in confidence for a portion of the resource.

Negative factors

  • Inferred Resource reduced from 8 koz to 3 koz.
  • Grade decreased from 2.1 g/t Au to 1.2 g/t Au.

Evidence · table

“1.2”

Context: 72

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 72000 against 120000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.2 against 2.1 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 3000 against 8000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 650000Grade: 1.9Grade Unit: g/tContained Metal: 40000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:02a3d371aa38afbd6a1b
Deposit or zone
Golden Monarch
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
650000
Grade
1.9
Grade Unit
g/t
Contained Metal
40000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
200000
Prior Grade
1.9
Prior Contained Metal
12000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Significant increase in Inferred resources for Golden Monarch, indicating potential for future upgrades and resource expansion.

Positive factors

  • Inferred Resource increased significantly following revised geological interpretation and modelling of additional mineralised lodes/volumes within the A$7,000/oz RPEEE shell.

Evidence · table

“1.9”

Context: 650

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 650000 against 200000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 40000 against 12000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 391000Grade: 1.8Grade Unit: g/tContained Metal: 22000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:bd52cdaaf38b2c793bb7
Deposit or zone
Gold King
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
391000
Grade
1.8
Grade Unit
g/t
Contained Metal
22000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
180000
Prior Grade
1.8
Prior Contained Metal
10000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Significant increase in Inferred resources for Gold King, indicating potential for future upgrades and resource expansion.

Positive factors

  • Inferred Resource increased following revised modelling of the Gold King/Gold Hawk mineralised system and inclusion of additional mineralised volumes within the updated RPEEE shell.

Evidence · table

“1.8”

Context: 391

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 391000 against 180000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 22000 against 10000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 90000Grade: 2.6Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:8fd28662556242a743a2
Deposit or zone
Joyners Find
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
90000
Grade
2.6
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
90000
Prior Grade
2.6
Prior Contained Metal
7000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Joyners Find, indicating stability but no new information.

Evidence · table

“2.6”

Context: 90

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 640000Grade: 1.6Grade Unit: g/tContained Metal: 33000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:85e0d4cd0449d51990ab
Deposit or zone
Bottom Camp
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
640000
Grade
1.6
Grade Unit
g/t
Contained Metal
33000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
640000
Prior Grade
1.6
Prior Contained Metal
33000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Bottom Camp, indicating stability but no new information.

Evidence · table

“1.6”

Context: 640

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 230000Grade: 2.4Grade Unit: g/tContained Metal: 17000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:232d19fa61ba3b89b090
Deposit or zone
Bowerbird
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
230000
Grade
2.4
Grade Unit
g/t
Contained Metal
17000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
230000
Prior Grade
2.4
Prior Contained Metal
17000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Bowerbird, indicating stability but no new information.

Evidence · table

“2.4”

Context: 230

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.7Grade Unit: g/tContained Metal: 9000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:7538f1644d7c9321f0cc
Deposit or zone
Bronzewing
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
110000
Grade
2.7
Grade Unit
g/t
Contained Metal
9000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
110000
Prior Grade
2.7
Prior Contained Metal
9000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Bronzewing, indicating stability but no new information.

Evidence · table

“2.7”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 210000Grade: 3.1Grade Unit: g/tContained Metal: 21000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:ab74bbbb3fa87d7e17a5
Deposit or zone
Brilliant
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
210000
Grade
3.1
Grade Unit
g/t
Contained Metal
21000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
210000
Prior Grade
3.1
Prior Contained Metal
21000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Brilliant, indicating stability but no new information.

Evidence · table

“3.1”

Context: 210

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 260000Grade: 1.5Grade Unit: g/tContained Metal: 12000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:80126b809396dbdf0448
Deposit or zone
Comedy King
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
260000
Grade
1.5
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
260000
Prior Grade
1.5
Prior Contained Metal
12000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Comedy King, indicating stability but no new information.

Evidence · table

“1.5”

Context: 260

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.4Grade Unit: g/tContained Metal: 8000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:375e2ab4648829ae8d2b
Deposit or zone
Wren
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
110000
Grade
2.4
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
110000
Prior Grade
2.4
Prior Contained Metal
8000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: No change in Inferred resources for Wren, indicating stability but no new information.

Evidence · table

“2.4”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 2790000Grade: 1.9Grade Unit: g/tContained Metal: 174000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:17245bb88e36459ec106
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
2790000
Grade
1.9
Grade Unit
g/t
Contained Metal
174000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
2250000
Prior Grade
2
Prior Contained Metal
144000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Significant growth in Inferred resources, indicating potential for future upgrades and overall project expansion, despite a slight grade reduction.

Positive factors

  • Total Inferred Resources increased by approximately 24% in tonnes and 21% in contained ounces, indicating significant resource expansion.

Negative factors

  • Average grade for Total Inferred Resources decreased from 2.0 g/t Au to 1.9 g/t Au.

Evidence · table

“1.9”

Context: 2,790

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 2790000 against 2250000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.9 against 2 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 174000 against 144000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 2050000Grade: 1.6Grade Unit: g/tContained Metal: 104000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:0865888700192ad96f0e
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
2050000
Grade
1.6
Grade Unit
g/t
Contained Metal
104000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
991000
Prior Contained Metal
72000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Substantial growth in Measured and Indicated resources provides a strong foundation for development and significantly de-risks the project.

Positive factors

  • Measured and Indicated Resources increased by approximately 107% in tonnes and 44% in contained gold ounces, significantly improving confidence and de-risking the project.

Evidence · text

“2.05 Mt at 1.6 g/t Au for approximately 104,000 oz in the Measured and Indicated categories”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 2050000 against 991000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 104000 against 72000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 4843000Grade: 1.8Grade Unit: g/tContained Metal: 277000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-12-20T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:c8728fe6341e191fce5c
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
4843000
Grade
1.8
Grade Unit
g/t
Contained Metal
277000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-20
Prior Tonnes
3250000
Prior Grade
2.1
Prior Contained Metal
214000

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Significant overall growth in the Gold Duke Mineral Resource, enhancing the project's scale and potential, despite a slight decrease in average grade.

Positive factors

  • Overall Gold Duke Mineral Resource increased by approximately 49% in total tonnes and 29% in contained gold ounces.

Negative factors

  • The lower overall reported grade reflects the updated geological interpretation, revised classification and the inclusion of additional mineralised material within the updated RPEEE constraints.

Evidence · table

“1.8”

Context: 4,843

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 4843000 against 3250000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.8 against 2.1 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 277000 against 214000 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 31000Grade: 3.1Grade Unit: g/tContained Metal: 3000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:8da87c363ad8e6d96516
Deposit or zone
Golden Monarch
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
31000
Grade
3.1
Grade Unit
g/t
Contained Metal
3000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Measured Resource for Golden Monarch, used for comparison with the current update.

Evidence · table

“3.1”

Context: 31

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

measuredGold Duke · goldTonnes: 31000Grade: 3.1Grade Unit: g/tContained Metal: 3000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:05820da3c2e9df145000
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
31000
Grade
3.1
Grade Unit
g/t
Contained Metal
3000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Total Measured Resource, used for comparison with the current update.

Evidence · table

“3.1”

Context: 31

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 310000Grade: 2.5Grade Unit: g/tContained Metal: 26000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:e69cdc3e222d065dd5d5
Deposit or zone
Eagle
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
310000
Grade
2.5
Grade Unit
g/t
Contained Metal
26000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Indicated Resource for Eagle, used for comparison with the current update.

Evidence · table

“2.5”

Context: 310

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 120000Grade: 1.9Grade Unit: g/tContained Metal: 7000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:19e55690675acd6928c3
Deposit or zone
Emu
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
120000
Grade
1.9
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Indicated Resource for Emu, used for comparison with the current update.

Evidence · table

“1.9”

Context: 120

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 280000Grade: 2.3Grade Unit: g/tContained Metal: 20000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:10ec4bb3356808b95e5f
Deposit or zone
Golden Monarch
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
280000
Grade
2.3
Grade Unit
g/t
Contained Metal
20000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Indicated Resource for Golden Monarch, used for comparison with the current update.

Evidence · table

“2.3”

Context: 280

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 250000Grade: 2Grade Unit: g/tContained Metal: 16000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:07c891115dba5d15edfd
Deposit or zone
Gold King
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
250000
Grade
2
Grade Unit
g/t
Contained Metal
16000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Indicated Resource for Gold King, used for comparison with the current update.

Evidence · table

“2.0”

Context: 250

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

indicatedGold Duke · goldTonnes: 960000Grade: 2.2Grade Unit: g/tContained Metal: 69000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:77fbd0e81fdc8fdaf9d0
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
960000
Grade
2.2
Grade Unit
g/t
Contained Metal
69000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Total Indicated Resource, used for comparison with the current update.

Evidence · table

“2.2”

Context: 960

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 100000Grade: 2Grade Unit: g/tContained Metal: 7000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:60898b2cc628f45b03a9
Deposit or zone
Eagle
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
100000
Grade
2
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Eagle, used for comparison with the current update.

Evidence · table

“2.0”

Context: 100

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 120000Grade: 2.1Grade Unit: g/tContained Metal: 8000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:48932f5f38230313ea54
Deposit or zone
Emu
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
120000
Grade
2.1
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Emu, used for comparison with the current update.

Evidence · table

“2.1”

Context: 120

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 200000Grade: 1.9Grade Unit: g/tContained Metal: 12000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:45d3fa6055f13a2f950f
Deposit or zone
Golden Monarch
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
200000
Grade
1.9
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Golden Monarch, used for comparison with the current update.

Evidence · table

“1.9”

Context: 200

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 180000Grade: 1.8Grade Unit: g/tContained Metal: 10000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:c56bf53f8449745ab7bf
Deposit or zone
Gold King
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
180000
Grade
1.8
Grade Unit
g/t
Contained Metal
10000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Gold King, used for comparison with the current update.

Evidence · table

“1.8”

Context: 180

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 90000Grade: 2.6Grade Unit: g/tContained Metal: 7000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:09b75592fd308b4a6cb4
Deposit or zone
Joyners Find
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
90000
Grade
2.6
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Joyners Find, used for comparison with the current update.

Evidence · table

“2.6”

Context: 90

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 640000Grade: 1.6Grade Unit: g/tContained Metal: 33000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:d8cb04a86214c783db4b
Deposit or zone
Bottom Camp
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
640000
Grade
1.6
Grade Unit
g/t
Contained Metal
33000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Bottom Camp, used for comparison with the current update.

Evidence · table

“1.6”

Context: 640

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 230000Grade: 2.4Grade Unit: g/tContained Metal: 17000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:4657722651f22cf4241c
Deposit or zone
Bowerbird
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
230000
Grade
2.4
Grade Unit
g/t
Contained Metal
17000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Bowerbird, used for comparison with the current update.

Evidence · table

“2.4”

Context: 230

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.7Grade Unit: g/tContained Metal: 9000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:5b1bdeb8c66de3b50540
Deposit or zone
Bronzewing
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
110000
Grade
2.7
Grade Unit
g/t
Contained Metal
9000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Bronzewing, used for comparison with the current update.

Evidence · table

“2.7”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 210000Grade: 3.1Grade Unit: g/tContained Metal: 21000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:bb7ac89f891c562cfd3d
Deposit or zone
Brilliant
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210000
Grade
3.1
Grade Unit
g/t
Contained Metal
21000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Brilliant, used for comparison with the current update.

Evidence · table

“3.1”

Context: 210

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 260000Grade: 1.5Grade Unit: g/tContained Metal: 12000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:4c77ab01bd31cca42991
Deposit or zone
Comedy King
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260000
Grade
1.5
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Comedy King, used for comparison with the current update.

Evidence · table

“1.5”

Context: 260

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.4Grade Unit: g/tContained Metal: 8000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:c3f7e5018e8e0d98b1e1
Deposit or zone
Wren
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
110000
Grade
2.4
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Inferred Resource for Wren, used for comparison with the current update.

Evidence · table

“2.4”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 2250000Grade: 2Grade Unit: g/tContained Metal: 144000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:b0711f27176b508c0a6a
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2250000
Grade
2
Grade Unit
g/t
Contained Metal
144000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Total Inferred Resource, used for comparison with the current update.

Evidence · table

“2.0”

Context: 2,250

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 420000Grade: 2.4Grade Unit: g/tContained Metal: 33000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:8c8e49b73f5ad2894b2e
Deposit or zone
Eagle
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
420000
Grade
2.4
Grade Unit
g/t
Contained Metal
33000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Eagle, used for comparison with the current update.

Evidence · table

“2.4”

Context: 420

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 240000Grade: 2Grade Unit: g/tContained Metal: 15000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:be89d9d25040345103ad
Deposit or zone
Emu
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
240000
Grade
2
Grade Unit
g/t
Contained Metal
15000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Emu, used for comparison with the current update.

Evidence · table

“2.0”

Context: 240

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 510000Grade: 2.2Grade Unit: g/tContained Metal: 32000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:3d15218c160b2a3277dc
Deposit or zone
Golden Monarch
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
510000
Grade
2.2
Grade Unit
g/t
Contained Metal
32000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Golden Monarch, used for comparison with the current update.

Evidence · table

“2.2”

Context: 510

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 430000Grade: 1.9Grade Unit: g/tContained Metal: 26000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:e86e3f9f54d76decda16
Deposit or zone
Gold King
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
430000
Grade
1.9
Grade Unit
g/t
Contained Metal
26000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Gold King, used for comparison with the current update.

Evidence · table

“1.9”

Context: 430

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 90000Grade: 2.6Grade Unit: g/tContained Metal: 7000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:09b75592fd308b4a6cb4
Deposit or zone
Joyners Find
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
90000
Grade
2.6
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Joyners Find, used for comparison with the current update.

Evidence · table

“2.6”

Context: 90

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 640000Grade: 1.6Grade Unit: g/tContained Metal: 33000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:d8cb04a86214c783db4b
Deposit or zone
Bottom Camp
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
640000
Grade
1.6
Grade Unit
g/t
Contained Metal
33000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Bottom Camp, used for comparison with the current update.

Evidence · table

“1.6”

Context: 640

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 230000Grade: 2.4Grade Unit: g/tContained Metal: 17000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:4657722651f22cf4241c
Deposit or zone
Bowerbird
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
230000
Grade
2.4
Grade Unit
g/t
Contained Metal
17000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Bowerbird, used for comparison with the current update.

Evidence · table

“2.4”

Context: 230

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.7Grade Unit: g/tContained Metal: 9000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:5b1bdeb8c66de3b50540
Deposit or zone
Bronzewing
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
110000
Grade
2.7
Grade Unit
g/t
Contained Metal
9000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Bronzewing, used for comparison with the current update.

Evidence · table

“2.7”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 210000Grade: 3.1Grade Unit: g/tContained Metal: 21000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:bb7ac89f891c562cfd3d
Deposit or zone
Brilliant
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210000
Grade
3.1
Grade Unit
g/t
Contained Metal
21000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Brilliant, used for comparison with the current update.

Evidence · table

“3.1”

Context: 210

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 260000Grade: 1.5Grade Unit: g/tContained Metal: 12000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:4c77ab01bd31cca42991
Deposit or zone
Comedy King
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260000
Grade
1.5
Grade Unit
g/t
Contained Metal
12000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Comedy King, used for comparison with the current update.

Evidence · table

“1.5”

Context: 260

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 110000Grade: 2.4Grade Unit: g/tContained Metal: 8000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:c3f7e5018e8e0d98b1e1
Deposit or zone
Wren
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
110000
Grade
2.4
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Combined Resource for Wren, used for comparison with the current update.

Evidence · table

“2.4”

Context: 110

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

inferredGold Duke · goldTonnes: 3250000Grade: 2.1Grade Unit: g/tContained Metal: 214000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Resource scope

Estimate type
resource
Effective date
2025-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Richard Bray
Resource group id
resource:9c0a959a3ca298799c36
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3250000
Grade
2.1
Grade Unit
g/t
Contained Metal
214000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

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

Reasoning: Historical Total Combined Resource, used for comparison with the current update.

Evidence · table

“2.1”

Context: 3,250

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

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

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

Metallurgical Results (2)

Fact 1Gold Duke · goldRecovery: 95.1 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Test Work

Program Status
detailed
Processing Route
oxide mineralisation
Sample
Gold Duke oxide mineralisation

Recovery

Recovery
95.1 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

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

Reasoning: Previously demonstrated high recovery for oxide mineralisation is a positive indicator, though details are historical.

Positive factors

  • High recovery demonstrated for oxide mineralisation.

Negative factors

  • No specific date or details provided for the previous testwork.

Evidence · text

“Metallurgical testwork has previously demonstrated recoveries of up to 95.1% from Gold Duke oxide mineralisation”

Tags used in scoring

High Recoverypositive

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

Why it applies: 95.1% is at or above the exceptional band (95%)

Fact 2Gold Duke · goldRecovery: 93 %View all details
Link to this fact

Identity

Project
Gold Duke
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
WGR

Test Work

Program Status
scoping
Processing Route
oxide mineralisation
Sample
Gold Duke oxide mineralisation

Recovery

Recovery
93 %
Recovery Basis
unspecified

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A conservative 93% recovery is applied in the scoping study, which is a reasonable assumption for economic modeling.

Positive factors

  • Conservative recovery applied in the Expanded Scoping Study, providing a realistic basis for economic assessment.

Negative factors

  • Specific details on the basis for the 93% recovery are not provided, only that it is conservative.

Evidence · text

“a more conservative 93% recovery applied in the Expanded Scoping Study”

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.