# WIN: WIN Metals - Investor Presentation October 2026 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155132 Publisher: asx Original announcement: 2026-10-21T00:31:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T01:05:25.980Z Atlas analysis updated: 2026-10-21T01:05:25.980Z - Company: WIN Metals - Ticker: WIN - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: Nickel, Lithium, Rubidium - Document categories: Other, Permitting, Metallurgy, Resource update - Extracted: 2026-10-21 01:05:26 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary WIN Metals presented an investor update outlining its three-pillar Western Australian gold strategy, centered on the Radio Gold Project, Butchers Creek, and Mt Edwards. The company highlighted the completion of the Radio Gold Re-Start Study with strong economics, the lodging of key restart permits, and confirmed high gold recoveries. Additionally, the presentation noted successful rubidium extraction testwork at the Faraday Critical Minerals Project and the completion of a strategic deal with Astral Resources. Reasoning: The presentation provides a positive overview of WIN Metals' strategy and project advancements, highlighting recent milestones in permitting, metallurgy, and corporate transactions, despite some project-specific risks. - Positive factor: Radio Gold Project restart study complete with positive economics \(A$18m NPV8, 84% IRR, 11-month payback\) - Positive factor: Key restart permits lodged for Radio Gold - Positive factor: High gold recovery confirmed for Radio Gold \(95%+ combined gravity and leach\) - Positive factor: Strategic consolidation around Radio Gold \(Princess Royal acquired, Stumpy Doodle option\) - Positive factor: Successful rubidium extraction \(up to 96.7%\) at Faraday Critical Minerals Project - Positive factor: Astral deal completed, securing gold rights and funding - Positive factor: Diversified project portfolio with gold, nickel, and critical minerals - Negative factor: Radio Gold Re-Start Study is preliminary, with 14% Inferred Mineral Resources - Negative factor: Peak pre-finance funding of ~A$19m not yet secured for Radio Gold - Negative factor: Mt Edwards Nickel Project is in care and maintenance Facts used in scoring: 15 ## Classification and evidence **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) ## Extracted facts Stored fact records: 13. Some facts used in scoring do not have a stored record. ## Resource Estimates (11) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-0) Radio Gold Project · gold #### Identity - Project: Radio Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:cb9709739f556834a36b #### 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: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The indicated resource for the Radio Gold Project is presented as part of an updated JORC MRE, contributing to the overall project economics. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed Evidence · table > 4.00 Context: 200,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-1) Radio Gold Project · gold #### Identity - Project: Radio Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:4e2032d17c04a9c4827d #### 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: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for the Radio Gold Project is presented as part of an updated JORC MRE, but carries a lower level of geological confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource Evidence · table > 4.50 Context: 166,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > Inferred Context: 166,000 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-6) Butchers Creek Gold Project · gold #### 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 - Resource group id: resource:8ab213eae8d1914db219 #### 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: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The indicated resource for the Butchers Creek Gold Project is presented as part of a JORC resource update, providing scale and optionality. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed Evidence · table > 2.24 Context: 3.58 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated April 16, 2025. Evidence · text > WIN advances Butchers Creek development with resource update” dated 16 April 2025. **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-7) Butchers Creek Gold Project · gold #### 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 - Resource group id: resource:1184549ac66f798b0cf9 #### 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: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for the Butchers Creek Gold Project is presented as part of a JORC resource update, but carries a lower level of geological confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource Evidence · table > 1.18 Context: 1.65 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated April 16, 2025. Evidence · text > WIN advances Butchers Creek development with resource update” dated 16 April 2025. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > Inferred Context: 1.65 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-8) Butchers Creek Gold Project · gold #### 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 - Resource group id: resource:b20f77cb88515a7c8724 - 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: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for Golden Crown is presented as part of a JORC resource, but is an older estimate and carries a lower level of geological confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource Evidence · table > 3.10 Context: 0.40 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated April 16, 2025, which includes this older Golden Crown estimate. Evidence · text > WIN advances Butchers Creek development with resource update” dated 16 April 2025. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > Inferred Context: 0.40 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.4 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-9) Faraday Critical Minerals Project · lithium #### Identity - Project: Faraday Critical Minerals Project - Commodity: lithium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:8895e0d0baf4f5879757 - Deposit or zone: Faraday #### Resource Data - Category: indicated - Tonnes: 550000 - Grade: 0.75 - Grade Unit: % Li2O - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2023-11-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The indicated resource for the Faraday deposit is presented as part of a JORC MRE, contributing to the critical minerals portfolio. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed Evidence · table > 550 Context: 0.75 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated November 8, 2023. Evidence · text > 375% Growth in Faraday-Trainline Lithium Mineral Resource” dated 8 November 2023. **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.0 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-10) Faraday Critical Minerals Project · lithium #### Identity - Project: Faraday Critical Minerals Project - Commodity: lithium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:47e9d91d0b777852ab13 - Deposit or zone: Faraday #### Resource Data - Category: inferred - Tonnes: 220000 - Grade: 0.61 - Grade Unit: % Li2O - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2023-11-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for the Faraday deposit is presented as part of a JORC MRE, but carries a lower level of geological confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource Evidence · table > 220 Context: 0.61 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated November 8, 2023. Evidence · text > 375% Growth in Faraday-Trainline Lithium Mineral Resource” dated 8 November 2023. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > 220 Context: 0.61 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.0 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-11) Faraday Critical Minerals Project · lithium #### Identity - Project: Faraday Critical Minerals Project - Commodity: lithium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:87bc8c10e6909e506f74 - Deposit or zone: Trainline #### Resource Data - Category: indicated - Tonnes: 780000 - Grade: 0.69 - Grade Unit: % Li2O - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2023-11-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The indicated resource for the Trainline deposit is presented as part of a JORC MRE, contributing to the critical minerals portfolio. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed Evidence · table > 780 Context: 0.69 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated November 8, 2023. Evidence · text > 375% Growth in Faraday-Trainline Lithium Mineral Resource” dated 8 November 2023. **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.0 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-12) Faraday Critical Minerals Project · lithium #### Identity - Project: Faraday Critical Minerals Project - Commodity: lithium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:d2b09f28cc32d69a05ac - Deposit or zone: Trainline #### Resource Data - Category: inferred - Tonnes: 160000 - Grade: 0.63 - Grade Unit: % Li2O - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2023-11-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for the Trainline deposit is presented as part of a JORC MRE, but carries a lower level of geological confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource Evidence · table > 160 Context: 0.63 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated November 8, 2023. Evidence · text > 375% Growth in Faraday-Trainline Lithium Mineral Resource” dated 8 November 2023. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > 160 Context: 0.63 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.0 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-13) Mt Edwards Nickel Project · nickel #### 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 - Resource group id: resource:53693a0dd35fecc7f6f7 #### Resource Data - Category: indicated - Tonnes: 5410000 - Grade: 1.45 - Grade Unit: % - Contained Metal: 174540 - Contained Unit: t - Cutoff Grade: 1 - Cutoff Unit: % Ni #### Prior Estimate - Resource Date: 2026-09-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The indicated resource for the Mt Edwards Nickel Project is presented as part of a JORC MRE, but the project is currently in care and maintenance. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Care and Maintenance Evidence · table > 5.41 Context: 1.45 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated September 28, 2026. Evidence · text > estimates of Nickel Mineral Resources for the Mt Edwards Project, and the tenure rationalisation transaction with Astral Resources, has been extracted from the Company’s ASX Announcements titled “$9m of Funding Through Tenure Rationalisation Transaction” dated 28 September 2026 **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-resource-facts-14) Mt Edwards Nickel Project · nickel #### 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 - Resource group id: resource:f3b0a54b0415aae22342 #### Resource Data - Category: inferred - Tonnes: 6920000 - Grade: 1.38 - Grade Unit: % - Contained Metal: 174540 - Contained Unit: t - Cutoff Grade: 1 - Cutoff Unit: % Ni #### Prior Estimate - Resource Date: 2026-09-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The inferred resource for the Mt Edwards Nickel Project is presented as part of a JORC MRE, but the project is in care and maintenance and this category carries lower confidence. - Positive factor: QP/CP Signed - Positive factor: JORC Compliant - Positive factor: Cut-off Disclosed - Negative factor: Inferred Resource - Negative factor: Care and Maintenance Evidence · table > 6.92 Context: 1.38 #### Tags used in scoring **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The resource estimate is from an update dated September 28, 2026. Evidence · text > estimates of Nickel Mineral Resources for the Mt Edwards Project, and the tenure rationalisation transaction with Astral Resources, has been extracted from the Company’s ASX Announcements titled “$9m of Funding Through Tenure Rationalisation Transaction” dated 28 September 2026 **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource category is Inferred, which is a speculative category with limited drilling. Evidence · table > 6.92 Context: 1.38 ## Metallurgical Results (2) ### gravity/leach testwork [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-metallurgical-facts-2) Radio Gold Project · gold #### Identity - Project: Radio Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Test Work - Program Status: detailed - Test Type: gravity/leach testwork - Processing Route: gravity and leach - Grind P80: 75 µm - Leach Time: 24 hours #### Recovery - Recovery: 98.6 % - Recovery Basis: actual\_test #### Lab - Laboratory: Fremantle Metallurgy #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Exceptional gold recovery rates of 98.6–99.0% were confirmed from gravity/leach testwork, indicating strong metallurgical performance for the Radio Gold Project. - Positive factor: High Recovery - Positive factor: Mill Route - Positive factor: QP/CP Signed Evidence · text > 98.6–99.0% extraction at P80=75μm in 24-hour gravity/leach testwork #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/win-win-metals-investor-presentation-october-2026--ec50f592-4913-48aa-b8e8-c1275ff7c7e1#fact-metallurgical-facts-4) Faraday Critical Minerals Project · rubidium #### Identity - Project: Faraday Critical Minerals Project - Commodity: rubidium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WIN #### Test Work - Program Status: preliminary #### Recovery - Recovery: 96.7 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Successful extraction of up to 96.7% rubidium in testwork at the Faraday Critical Minerals Project indicates strong potential for this critical mineral. - Positive factor: High Recovery - Positive factor: QP/CP Signed Evidence · text > Up to 96.7% rubidium extraction in testwork ## 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.