WIN: $8m Received With Transaction Completion
Original announcement by asx on
- Company
- WIN Metals Ltd
- Ticker
- WIN
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Nickel, Lithium
- Document categories
- Agreement transaction, Capital raise, Resource update
- Extracted
- 2026-10-05 22:27:36 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
WIN Metals Ltd has completed its tenure rationalisation transaction with Astral Resources NL, receiving $8.05 million, with a further $1 million due upon lease transfer. This cash injection will fund the restart of the Radio gold mine and planned drilling at Princess Royal and Stumpy Projects to expand its resource pipeline. The company will also evaluate gold prospectivity on newly acquired gold rights.
Reasoning: WIN Metals has completed a significant tenure rationalisation transaction, receiving $8.05 million, which will fund near-term development plans for its gold projects and future exploration.
Positive factors
- transaction_completed
- funds_received
- project_funding_secured
Facts used in scoring: 30
Classification and evidence
transaction_completedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document confirms the completion of a tenure rationalisation transaction.
Evidence · text
“WIN Metals Ltd (ASX: WIN) (WIN or the Company) is pleased to confirm completion of its tenure rationalisation transaction with Astral Resources NL (ASX: AAR)”
funds_receivedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company has received a completion payment of $8.05 million.
Evidence · text
“receipt of the completion payment of $8,050,000 excluding GST.”
project_funding_securedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The received cash injection will enable the company to progress near-term development plans for its gold mine and future drilling.
Evidence · text
“This cash injection is a real shot in the arm for WIN Metals which will enable us to progress our near-term development plans for the restart of the Radio gold mine.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The report states that information relating to exploration results and mineral resource estimates is based on the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.
Evidence · text
“Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’”
QP Signedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Mr Chris Hesford, a full-time employee of WIN Metals Ltd and a member of the Australian Institute of Geoscientists, is named as the Competent Person and consents to the inclusion of his information.
Evidence · text
“Mr Chris Hesford, who is a full-time employee of WIN Metals Ltd. Mr Hesford is a member of the Australian Institute of Geoscientists. Mr Hesford has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Butchers Creek Gold Project resource estimate has an effective date of April 2025, which is over one year old.
Evidence · table
“Apr-25”
Context: Butchers Creek
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A portion of the Butchers Creek Gold Project resource is classified as Inferred, which is a speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 1.65
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Golden Crown deposit resource estimate has an effective date of June 2021, which is over two years old.
Evidence · table
“Jun-21”
Context: Golden Crown
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Golden Crown deposit resource is classified as Inferred, which is a speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 0.40
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A portion of the Radio Gold Project resource is classified as Inferred, which is a speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 166,000
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the Mt Edwards Nickel Project resources are classified as Inferred, which is a speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 0.87
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Mt Edwards Lithium Project resource estimate has an effective date of November 2023, which is over two years old.
Evidence · text
“2 ASX:WIN “375% Growth in Faraday-Trainline Lithium Mineral Resource” Released 8 November 2023”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A portion of the Mt Edwards Lithium Project resources are classified as Inferred, which is a speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 220
Extracted facts
Stored fact records: 29. Some facts used in scoring do not have a stored record.
Resource Estimates (29)
indicatedButchers Creek Gold Project · goldTonnes: 3580000Grade: 2.24Grade Unit: g/tContained Metal: 258000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Butchers Creek Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:7bdf4dc7b62f3bcd7477
Resource Data
- Category
- indicated
- Tonnes
- 3580000
- Grade
- 2.24
- Grade Unit
- g/t
- Contained Metal
- 258000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-16
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2025-04-16T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Butchers Creek Gold Project, effective April 2025, but is over one year old.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
Evidence · table
“2.24”
Context: 3.58
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
inferredButchers Creek Gold Project · goldTonnes: 1650000Grade: 1.18Grade Unit: g/tContained Metal: 63000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Butchers Creek Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:9ae804e9b21fe970c3fa
Resource Data
- Category
- inferred
- Tonnes
- 1650000
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 63000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-16
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2025-04-16T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Butchers Creek Gold Project, effective April 2025, but is over one year old and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · table
“1.18”
Context: 1.65
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
inferredButchers Creek Gold Project · goldTonnes: 400000Grade: 3.1Grade Unit: g/tContained Metal: 38000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Butchers Creek Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:a47e5452b2304cea3a72
- Deposit or zone
- Golden Crown
Resource Data
- Category
- inferred
- Tonnes
- 400000
- Grade
- 3.1
- Grade Unit
- g/t
- Contained Metal
- 38000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2021-06-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-06-01T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Golden Crown deposit, effective June 2021, which is over two years old and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · table
“3.10”
Context: 0.40
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.3 years before this release
indicatedRadio · goldTonnes: 200000Grade: 4Grade Unit: g/tContained Metal: 25500Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Radio
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:23dd4073714b9cf9ce09
Resource Data
- Category
- indicated
- Tonnes
- 200000
- Grade
- 4
- Grade Unit
- g/t
- Contained Metal
- 25500
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-06-02
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-02T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Radio Gold Project, effective June 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“4.0”
Context: 200,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off 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
inferredRadio · goldTonnes: 166000Grade: 4.5Grade Unit: g/tContained Metal: 24100Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Radio
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:3307eab5277a70644631
Resource Data
- Category
- inferred
- Tonnes
- 166000
- Grade
- 4.5
- Grade Unit
- g/t
- Contained Metal
- 24100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-06-02
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-02T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Radio Gold Project, effective June 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“4.5”
Context: 166,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off 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
indicatedMt Edwards Nickel Project · nickelTonnes: 2270000Grade: 1.35Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:d9e64c984a4c24448a76
- Deposit or zone
- Gillett
Resource Data
- Category
- indicated
- Tonnes
- 2270000
- Grade
- 1.35
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Gillett deposit within Mt Edwards Nickel Project, effective September 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“1.35”
Context: 2.27
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 870000Grade: 1.16Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:3dd46674fcae3116a8ea
- Deposit or zone
- Gillett
Resource Data
- Category
- inferred
- Tonnes
- 870000
- Grade
- 1.16
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Gillett deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.16”
Context: 0.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedMt Edwards Nickel Project · nickelTonnes: 510000Grade: 1.34Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:236141b02033cf0f9ba6
- Deposit or zone
- Widgie 3
Resource Data
- Category
- indicated
- Tonnes
- 510000
- Grade
- 1.34
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Widgie 3 deposit within Mt Edwards Nickel Project, effective September 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“1.34”
Context: 0.51
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 220000Grade: 1.95Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:409270b41db6448fee73
- Deposit or zone
- Widgie 3
Resource Data
- Category
- inferred
- Tonnes
- 220000
- Grade
- 1.95
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Widgie 3 deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.95”
Context: 0.22
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedMt Edwards Nickel Project · nickelTonnes: 1650000Grade: 1.6Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:ac8d270cc1fe8bc4e105
- Deposit or zone
- Widgie Townsite
Resource Data
- Category
- indicated
- Tonnes
- 1650000
- Grade
- 1.6
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Widgie Townsite deposit within Mt Edwards Nickel Project, effective September 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“1.60”
Context: 1.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 850000Grade: 1.38Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:fa4cbe117b074fa2807f
- Deposit or zone
- Widgie Townsite
Resource Data
- Category
- inferred
- Tonnes
- 850000
- Grade
- 1.38
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Widgie Townsite deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.38”
Context: 0.85
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedMt Edwards Nickel Project · nickelTonnes: 950000Grade: 1.45Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:98d825ac1165198ae2e3
- Deposit or zone
- Armstrong
Resource Data
- Category
- indicated
- Tonnes
- 950000
- Grade
- 1.45
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Armstrong deposit within Mt Edwards Nickel Project, effective September 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“1.45”
Context: 0.95
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 10000Grade: 1.04Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:a91da72dfe187df26cf6
- Deposit or zone
- Armstrong
Resource Data
- Category
- inferred
- Tonnes
- 10000
- Grade
- 1.04
- Grade Unit
- %
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Armstrong deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.04”
Context: 0.01
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedMt Edwards Nickel Project · nickelTonnes: 30000Grade: 2.9Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:2714f1a078f2e330eb43
- Deposit or zone
- 132N
Resource Data
- Category
- indicated
- Tonnes
- 30000
- Grade
- 2.9
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for 132N deposit within Mt Edwards Nickel Project, effective September 2026.
Positive factors
- JORC Compliant
- QP Signed
Evidence · table
“2.90”
Context: 0.03
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 430000Grade: 1.9Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:ddad613a5ca947f22140
- Deposit or zone
- 132N
Resource Data
- Category
- inferred
- Tonnes
- 430000
- Grade
- 1.9
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for 132N deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.90”
Context: 0.43
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 150000Grade: 1.3Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:66778c1cb2676af44f90
- Deposit or zone
- Cooke
Resource Data
- Category
- inferred
- Tonnes
- 150000
- Grade
- 1.3
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Cooke deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.30”
Context: 0.15
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 460000Grade: 1.2Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:136aa8255b2b10be391d
- Deposit or zone
- Inco Boundary
Resource Data
- Category
- inferred
- Tonnes
- 460000
- Grade
- 1.2
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Inco Boundary deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.20”
Context: 0.46
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 1130000Grade: 1.35Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:c9d1861427ef9074adb3
- Deposit or zone
- McEwen
Resource Data
- Category
- inferred
- Tonnes
- 1130000
- Grade
- 1.35
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for McEwen deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.35”
Context: 1.13
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 1920000Grade: 1.36Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:b570b90ed8ed8f8edbcd
- Deposit or zone
- McEwen Hangingwall
Resource Data
- Category
- inferred
- Tonnes
- 1920000
- Grade
- 1.36
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for McEwen Hangingwall deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.36”
Context: 1.92
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredMt Edwards Nickel Project · nickelTonnes: 870000Grade: 1.43Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Nickel Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:cb0b5ca79aa8359fad60
- Deposit or zone
- Mt Edwards 26N
Resource Data
- Category
- inferred
- Tonnes
- 870000
- Grade
- 1.43
- Grade Unit
- %
- Cutoff Grade
- 1
- Cutoff Unit
- % Ni
Prior Estimate
- Resource Date
- 2026-09-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-28T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Mt Edwards 26N deposit within Mt Edwards Nickel Project, effective September 2026, and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“1.43”
Context: 0.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
measuredMt Edwards Lithium Project · lithiumTonnes: 550000Grade: 0.75Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Lithium Project
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:f87cd71aa63e361c2ead
- Deposit or zone
- Faraday
Resource Data
- Category
- measured
- Tonnes
- 550000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Li2O
Prior Estimate
- Resource Date
- 2023-11-08
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-11-08T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Measured resource for Faraday deposit within Mt Edwards Lithium Project, effective November 2023, but is over two years old.
Positive factors
- JORC Compliant
- QP Signed
- Measured Resource
Negative factors
- Stale Estimate
Evidence · table
“0.75”
Context: 550
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.9 years before this release
indicatedMt Edwards Lithium Project · lithiumTonnes: 250000Grade: 0.66Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Lithium Project
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:ef5b6f792d4d7a0e3b96
- Deposit or zone
- Faraday
Resource Data
- Category
- indicated
- Tonnes
- 250000
- Grade
- 0.66
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Li2O
Prior Estimate
- Resource Date
- 2023-11-08
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-11-08T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Faraday deposit within Mt Edwards Lithium Project, effective November 2023, but is over two years old.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
Evidence · table
“0.66”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.9 years before this release
inferredMt Edwards Lithium Project · lithiumTonnes: 220000Grade: 0.61Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Lithium Project
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:626284e63f05365c0ccd
- Deposit or zone
- Faraday
Resource Data
- Category
- inferred
- Tonnes
- 220000
- Grade
- 0.61
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Li2O
Prior Estimate
- Resource Date
- 2023-11-08
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-11-08T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Faraday deposit within Mt Edwards Lithium Project, effective November 2023, but is over two years old and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · table
“0.61”
Context: 220
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.9 years before this release
indicatedMt Edwards Lithium Project · lithiumTonnes: 780000Grade: 0.69Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Lithium Project
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:b9608668386f5b708a81
- Deposit or zone
- Trainline
Resource Data
- Category
- indicated
- Tonnes
- 780000
- Grade
- 0.69
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Li2O
Prior Estimate
- Resource Date
- 2023-11-08
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-11-08T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Indicated resource for Trainline deposit within Mt Edwards Lithium Project, effective November 2023, but is over two years old.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
Evidence · table
“0.69”
Context: 780
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.9 years before this release
inferredMt Edwards Lithium Project · lithiumTonnes: 160000Grade: 0.63Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Edwards Lithium Project
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:6577c8cc705e65a5872c
- Deposit or zone
- Trainline
Resource Data
- Category
- inferred
- Tonnes
- 160000
- Grade
- 0.63
- Grade Unit
- %
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Li2O
Prior Estimate
- Resource Date
- 2023-11-08
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-11-08T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Trainline deposit within Mt Edwards Lithium Project, effective November 2023, but is over two years old and in the lowest confidence category.
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Stale Estimate
- Inferred Resource
Evidence · table
“0.63”
Context: 160
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.9 years before this release
indicatedWIN Metals Butchers Creek · goldTonnes: 3580000Grade: 2.24Grade Unit: g/tView all detailsHide details
Identity
- Project
- WIN Metals Butchers Creek
- Commodity
- gold
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Resource group id
- resource:9923962b749d2f5e86fd
Resource Data
- Category
- indicated
- Tonnes
- 3580000
- Grade
- 2.24
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.24”
Context: 3.58
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWIN Metals Butchers Creek · goldTonnes: 1650000Grade: 1.18Grade Unit: g/tView all detailsHide details
Identity
- Project
- WIN Metals Butchers Creek
- Commodity
- gold
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Resource group id
- resource:6a3b0ca0981c80834a6b
Resource Data
- Category
- inferred
- Tonnes
- 1650000
- Grade
- 1.18
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.18”
Context: 1.65
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWIN Metals Butchers Creek · goldTonnes: 400000Grade: 3.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- WIN Metals Butchers Creek
- Commodity
- gold
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Resource group id
- resource:4c36eed37b3b31dd16b8
Resource Data
- Category
- inferred
- Tonnes
- 400000
- Grade
- 3.1
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“3.10”
Context: 0.40
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredRadio · goldTonnes: 366000Grade: 4.2Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Radio
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- WIN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Chris Hesford
- Resource group id
- resource:82bca797f959e898d04d
Resource Data
- Category
- inferred
- Tonnes
- 366000
- Grade
- 4.2
- Grade Unit
- g/t
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-06-02
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-02T00:00:00.000Z
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Historical Inferred resource for Radio Gold Project, effective June 2026, and in the lowest confidence category. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- JORC Compliant
- QP Signed
Negative factors
- Inferred Resource
Evidence · table
“4.2”
Context: 366,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.