# WYX: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142935 Publisher: asx Original announcement: 2026-09-23T07:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-23T08:13:05.517Z Atlas analysis updated: 2026-09-23T08:13:05.517Z - Company: Western Yilgarn NL - Ticker: WYX - Exchange: ASX - Region: Western Australia - Primary commodity: Bauxite - Secondary commodities: Gallium, Tellurium, Scandium, Cobalt, Nickel, Copper, Lead, Gold - Document categories: Resource update, Drill results, Other - Extracted: 2026-09-23 08:13:06 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Western Yilgarn NL reported a transformational year in FY2026, marked by a significant increase in its JORC \(2012\) Inferred Bauxite Resources to 244Mt, including maiden Mineral Resource Estimates for Cardea 3 and New Norcia. The company also announced a potentially substantial critical minerals opportunity with a maiden gallium-tellurium discovery at Ida Holmes Junction, alongside high-grade cobalt-nickel-copper-lead-scandium mineralisation. These achievements, coupled with secured land access and strategic appointments, position Western Yilgarn for continued exploration and development in its diversified Western Australian mineral portfolio. Reasoning: The annual report details a transformational year with significant growth in JORC Inferred Bauxite Resources, including maiden estimates for Cardea 3 and New Norcia. It also highlights new high-grade critical minerals discoveries \(gallium, tellurium, scandium, cobalt, nickel, copper, lead\) from rock-chip sampling and re-assays, alongside strategic land access agreements and capital raises, positioning the company for future growth despite ongoing losses and going concern uncertainty. - Positive factor: Tonnage Growth - Positive factor: Maiden Resource - Positive factor: Exploration Success - Positive factor: Bonanza Intercept - Positive factor: Land Access Secured - Positive factor: Board Appointment - Positive factor: Capital Raise - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: Nearology Play - Negative factor: All Inferred - Negative factor: Going Concern Uncertainty - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release - Negative factor: No QA/QC Disclosure Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 43 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: The company increased its total JORC \(2012\) Inferred Bauxite Resources to 244Mt, a significant milestone. Evidence · text > increasing Western Yilgarn’s total JORC \(2012\) Inferred Bauxite Resources to 244Mt a significant milestone for the Company across the Julimar West, Cardea and New Norcia projects. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The company delivered maiden Mineral Resource Estimates for Cardea 3 and New Norcia. Evidence · text > we delivered maiden Mineral Resource Estimates for Cardea 3 of 16.57Mt and New Norcia of 39.27Mt **Exploration Success** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The report highlights the identification of a potentially substantial critical minerals opportunity with a maiden gallium-tellurium discovery and high-grade polymetallic mineralization. Evidence · text > One of the most significant developments during the year was the identification of a potentially substantial critical minerals opportunity within our Ida Holmes Junction Project on the Yilgarn Craton. Rock-chip sampling at E36/1046 delivered a maiden gallium-tellurium discovery, with gallium grades of up to 185.5ppm recorded over approximately 1.5km of strike. Further high-grade gallium results were identified at E36/1020, while exploration at E36/1028 returned cobalt-nickel-copper-lead mineralisation with a scandium credit. **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Gallium grades up to 185.5ppm Ga \(249.35ppm Ga₂O₃\) and cobalt grades of 2.47% Co are exceptionally high for rock chip samples. Evidence · text > gallium values of up to 185.5ppm Ga \(249.35ppm Ga₂O₃\) **Land Access Secured** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company secured land access over Lodes 100 and 200 at Julimar West and an access agreement at Cardea 2, providing a clear pathway for further exploration. Evidence · text > We also secured land access over Lodes 100 and 200 at Julimar West and an access agreement at Cardea 2, providing a clear pathway for further exploration, resource definition and development activities. **Board Appointment** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company appointed Mr Darren Foster as Non-Executive Director and Dr Ashok Kumar Nandi as Specialist Bauxite Technical Adviser, strengthening its leadership and technical capabilities. Evidence · text > The Company appointed Mr Darren Foster as Non-Executive Director, bringing extensive leadership experience across Western Australian government, public policy and environmental regulatory strategy. ... In May 2026, the Company appointed internationally recognised bauxite and alumina specialist Dr Ashok Kumar Nandi as Specialist Bauxite Technical Adviser **Capital Raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company completed a placement raising $698,000 and announced a Share Purchase Plan to raise up to $500,000. Evidence · text > In October 2025, Western Yilgarn completed a placement of 17,450,000 fully paid ordinary shares at $0.04 per share to raise $698,000 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: All reported Mineral Resource Estimates are stated to be JORC \(2012\) compliant. Evidence · text > Western Yilgarn’s total JORC \(2012\) Inferred Bauxite Resources to 244Mt **QP/CP Signed** Polarity: positive Definition: 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 MRE was independently estimated by Odessa Resource Pty Ltd \(Perth\), indicating a Competent Person sign-off. Evidence · text > The MRE was independently estimated by Odessa Resource Pty Ltd \(Perth\). **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The cut-off grade for the bauxite resources is clearly stated as ≥25% Al₂O₃. Evidence · text > cut-off: ≥25% Al₂O₃ **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: All reported bauxite resources are classified as Inferred. Evidence · text > total JORC \(2012\) Inferred Bauxite Resources to 244Mt **All Inferred** Polarity: negative Definition: 100% of resource is Inferred category — very early stage, no engineering confidence. Why it applies: The entire reported bauxite resource base is in the Inferred category, indicating early-stage confidence. Evidence · text > total JORC \(2012\) Inferred Bauxite Resources to 244Mt **Going Concern Uncertainty** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: The financial report highlights a material uncertainty regarding the Group’s ability to continue as a going concern due to losses and cash outflows. Evidence · text > These conditions indicate a material uncertainty that may cast a significant doubt about the Group’s ability to continue as a going concern **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: A re-assay program of drill pulps was conducted and confirmed results, indicating some level of QA/QC. Evidence · text > the Company completed a re-assay of drill pulps from 161 vacuum drillholes at Cardea 1, which intersected multiple zones of high-grade gallium mineralisation from surface to 7m depth. The re-assay program confirmed a broad, consistently mineralised near-surface gallium system **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Drill intercepts are reported as downhole lengths without true width or drill orientation information. Evidence · text > 4.5m @ 105.5 g/t Ga2O3 from 1.5m downhole in Drillhole JDV236 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: Historical aircore drilling results are re-announced without new assays or reinterpretation. Evidence · text > Historical aircore drilling delineated high-grade gallium results, including: • 9m @ 95.83g/t Ga₂O₃ from surface in ABAC002 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: No specific QA/QC procedures are disclosed for the historical aircore drilling or the rock-chip sampling results. Evidence · text > Historical aircore drilling delineated high-grade gallium results **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The Gascoyne Gold Projects are positioned based on proximity to Benz Mining Corp’s Glenburgh Gold Project. Evidence · text > The tenements lie within the Dalgaringa Supersuite, the same lithological package and mineralised trend that hosts the Benz Mining Corporation \(ASX: BNZ\) Glenburgh Gold Project, which hosts 16.3Mt at 1.0g/t Au \(510,100oz contained gold\) approximately 11km to the north. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The company expanded its gallium exploration footprint by approximately 230km² and commenced systematic ground exploration. Evidence · text > The results provided the foundation for a substantial expansion of our gallium exploration footprint by approximately 230km² and the commencement of systematic ground exploration across the expanded tenure. ## Extracted facts Stored fact records: 43. Some facts used in scoring do not have a stored record. ## Drill Results (13) ### JDV236 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-12) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV236 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 105.5 - Grade Unit: g/t - Intercept: 4.5 m - From: 1.5 m - To: 6 m - Intercept Depth: 1.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV236:1.5-6 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 4.5m @ 105.5 g/t Ga2O3 from 1.5m downhole in Drillhole JDV236 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV237 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-13) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV237 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 104.9 - Grade Unit: g/t - Intercept: 3 m - From: 1.5 m - To: 4.5 m - Intercept Depth: 1.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV237:1.5-4.5 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 3m @ 104.9 g/t Ga2O3 from 1.5m downhole in Drillhole JDV237 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV258 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-14) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV258 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 101.6 - Grade Unit: g/t - Intercept: 2 m - From: 2 m - To: 4 m - Intercept Depth: 2 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV258:2-4 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 2m @ 101.6 g/t Ga2O3 from 2m downhole in Drillhole JDV258 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV259 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-15) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV259 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 104.8 - Grade Unit: g/t - Intercept: 1.5 m - From: 2.5 m - To: 4 m - Intercept Depth: 2.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV259:2.5-4 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 1.5m @ 104.8 g/t Ga2O3 from 2.5m downhole in Drillhole JDV259 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV327 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-16) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV327 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 130.1 - Grade Unit: g/t - Intercept: 2.5 m - From: 0.5 m - To: 3 m - Intercept Depth: 0.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV327:0.5-3 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 2.5m @ 130.1 g/t Ga2O3 from 0.5m downhole in Drillhole JDV327 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV332 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-17) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV332 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 113.9 - Grade Unit: g/t - Intercept: 3 m - From: 0 m - To: 3 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV332:0-3 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 3m @ 113.9 g/t Ga2O3 from surface downhole in Drillhole JDV332 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV383 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-18) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV383 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 134.4 - Grade Unit: g/t - Intercept: 2.5 m - From: 2 m - To: 4.5 m - Intercept Depth: 2 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV383:2-4.5 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 2.5m @ 134.4 g/t Ga2O3 from 2m downhole in Drillhole JDV383 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV389 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-19) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV389 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 102.7 - Grade Unit: g/t - Intercept: 5.5 m - From: 1 m - To: 6.5 m - Intercept Depth: 1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV389:1-6.5 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 5.5m @ 102.7 g/t Ga2O3 from 1m downhole in Drillhole JDV389 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JDV613 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-20) Cardea 1 Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: JDV613 - Project: Cardea 1 Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 107.9 - Grade Unit: g/t - Intercept: 3.5 m - From: 3.5 m - To: 7 m - Intercept Depth: 3.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JDV613:3.5-7 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium intercept from re-assayed historical drill pulps, indicating significant potential for a secondary commodity. - Positive factor: Bonanza Intercept - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only - Negative factor: No QA/QC Disclosure Evidence · text > 3.5m @ 107.9 g/t Ga2O3 from 3.5m downhole in Drillhole JDV613 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### ABAC002 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-21) New Norcia Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: ABAC002 - Project: New Norcia Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 95.83 - Grade Unit: g/t - Intercept: 9 m - From: 0 m - To: 9 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ABAC002:0-9 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade historical gallium intercept from aircore drilling, indicating potential for a secondary commodity, but data is historical with no QA/QC disclosure. - Positive factor: Bonanza Intercept - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release - Negative factor: No QA/QC Disclosure Evidence · text > 9m @ 95.83g/t Ga₂O₃ from surface in ABAC002 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### ABAC003 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-22) New Norcia Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: ABAC003 - Project: New Norcia Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 134.3 - Grade Unit: g/t - Intercept: 2 m - From: 0 m - To: 2 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ABAC003:0-2 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade historical gallium intercept from aircore drilling, indicating potential for a secondary commodity, but data is historical with no QA/QC disclosure. - Positive factor: Bonanza Intercept - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release - Negative factor: No QA/QC Disclosure Evidence · text > 2m @ 134.3g/t Ga₂O₃ from surface in ABAC003 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### ABAC007 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-23) New Norcia Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: ABAC007 - Project: New Norcia Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 110.24 - Grade Unit: g/t - Intercept: 6 m - From: 0 m - To: 6 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ABAC007:0-6 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade historical gallium intercept from aircore drilling, indicating potential for a secondary commodity, but data is historical with no QA/QC disclosure. - Positive factor: Bonanza Intercept - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release - Negative factor: No QA/QC Disclosure Evidence · text > 6m @ 110.24g/t Ga₂O₃ from surface in ABAC007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### ABAC008 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-drill-facts-24) New Norcia Bauxite-Gallium · gallium Historical result Needs review: historical\_restatement #### Identity - Hole ID: ABAC008 - Project: New Norcia Bauxite-Gallium - Commodity: gallium - Region: australia\_wa - Reported Region: australia\_wa - Ticker: WYX #### Geometry - Grade: 110.28 - Grade Unit: g/t - Intercept: 9 m - From: 0 m - To: 9 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ABAC008:0-9 #### QA/QC - QP Signed: No #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade historical gallium intercept from aircore drilling, indicating potential for a secondary commodity, but data is historical with no QA/QC disclosure. - Positive factor: Bonanza Intercept - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release - Negative factor: No QA/QC Disclosure Evidence · text > 9m @ 110.28g/t Ga₂O₃ from surface in ABAC008 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (30) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-0) Julimar West Bauxite Project · bauxite #### Identity - Project: Julimar West Bauxite Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:be88dd54f611c314acaa - Deposit or zone: Julimar West #### Resource Data - Category: inferred - Tonnes: 168337931 - Grade: 36.1 - Grade Unit: % Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large inferred bauxite resource, contributing significantly to the company's total resource base, reported under JORC standards. - Positive factor: Tonnage Growth - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 36.1 Context: 168,337,931 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-1) Julimar West Bauxite Project · silica #### Identity - Project: Julimar West Bauxite Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:be88dd54f611c314acaa - Deposit or zone: Julimar West #### Resource Data - Category: inferred - Tonnes: 168337931 - Grade: 14.7 - Grade Unit: % Total SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported silica grade as part of the bauxite resource, providing additional geological context. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 14.7 Context: 168,337,931 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-2) Cardea 2 Bauxite Project · bauxite #### Identity - Project: Cardea 2 Bauxite Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:08d37e280256583fd513 - Deposit or zone: Cardea 2 #### Resource Data - Category: inferred - Tonnes: 20096880 - Grade: 32.1 - Grade Unit: % Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Inferred bauxite resource contributing to the company's total resource base, reported under JORC standards. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 32.1 Context: 20,096,880 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-3) Cardea 2 Bauxite Project · silica #### Identity - Project: Cardea 2 Bauxite Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:08d37e280256583fd513 - Deposit or zone: Cardea 2 #### Resource Data - Category: inferred - Tonnes: 20096880 - Grade: 26.3 - Grade Unit: % Total SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported silica grade as part of the bauxite resource, providing additional geological context. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 26.3 Context: 20,096,880 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-4) Cardea 3 Bauxite Project · bauxite #### Identity - Project: Cardea 3 Bauxite Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:12d3390bd768e746d136 - Deposit or zone: Cardea 3 #### Resource Data - Category: inferred - Tonnes: 16577040 - Grade: 34.2 - Grade Unit: % Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden inferred bauxite resource for Cardea 3, adding significantly to the company's total resource base. - Positive factor: Maiden Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 34.2 Context: 16,577,040 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-5) Cardea 3 Bauxite Project · silica #### Identity - Project: Cardea 3 Bauxite Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:12d3390bd768e746d136 - Deposit or zone: Cardea 3 #### Resource Data - Category: inferred - Tonnes: 16577040 - Grade: 30.2 - Grade Unit: % Total SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported silica grade as part of the maiden bauxite resource for Cardea 3. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 30.2 Context: 16,577,040 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-6) Cardea 2 Bauxite Project · bauxite #### Identity - Project: Cardea 2 Bauxite Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:0738f2a9039f49ba9420 - Deposit or zone: Cardea 2 #### Resource Data - Category: inferred - Tonnes: 2154120 - Grade: 35.7 - Grade Unit: % Available Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Inferred bauxite resource for Cardea 2 reported on an Available Al₂O₃ basis. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 35.7 Context: 2,154,120 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-7) Cardea 2 Bauxite Project · silica #### Identity - Project: Cardea 2 Bauxite Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:0738f2a9039f49ba9420 - Deposit or zone: Cardea 2 #### Resource Data - Category: inferred - Tonnes: 2154120 - Grade: 2.8 - Grade Unit: % Reactive SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported reactive silica grade as part of the bauxite resource for Cardea 2. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 2.8 Context: 2,154,120 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-8) Cardea 3 Bauxite Project · bauxite #### Identity - Project: Cardea 3 Bauxite Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:aae30eb5710e2dae775c - Deposit or zone: Cardea 3 #### Resource Data - Category: inferred - Tonnes: 3780510 - Grade: 35.8 - Grade Unit: % Available Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden inferred bauxite resource for Cardea 3 reported on an Available Al₂O₃ basis. - Positive factor: Maiden Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 35.8 Context: 3,780,510 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-9) Cardea 3 Bauxite Project · silica #### Identity - Project: Cardea 3 Bauxite Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:aae30eb5710e2dae775c - Deposit or zone: Cardea 3 #### Resource Data - Category: inferred - Tonnes: 3780510 - Grade: 3.7 - Grade Unit: % Reactive SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported reactive silica grade as part of the maiden bauxite resource for Cardea 3. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 3.7 Context: 3,780,510 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-10) New Norcia Bauxite-Gallium Project · bauxite #### Identity - Project: New Norcia Bauxite-Gallium Project - Commodity: bauxite - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:523e6e6a06ba9ad0e0e6 - Deposit or zone: New Norcia #### Resource Data - Category: inferred - Tonnes: 39274500 - Grade: 22.7 - Grade Unit: % Available Al₂O₃ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden inferred bauxite resource for New Norcia, adding significantly to the company's total resource base. - Positive factor: Maiden Resource - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 22.7 Context: 39,274,500 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-11) New Norcia Bauxite-Gallium Project · silica #### Identity - Project: New Norcia Bauxite-Gallium Project - Commodity: silica - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Odessa Resource Pty Ltd - Resource group id: resource:523e6e6a06ba9ad0e0e6 - Deposit or zone: New Norcia #### Resource Data - Category: inferred - Tonnes: 39274500 - Grade: 12.8 - Grade Unit: % Reactive SiO₂ - Cutoff Grade: 25 - Cutoff Unit: % Al₂O₃ #### Prior Estimate - Resource Date: 2026-06-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Reported reactive silica grade as part of the maiden bauxite resource for New Norcia. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Cut-off Disclosed - Negative factor: All Inferred Evidence · table > 12.8 Context: 39,274,500 #### 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: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-25) Ida Holmes Junction Project · gallium #### Identity - Project: Ida Holmes Junction Project - Commodity: gallium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 169 - Grade Unit: ppm Ga #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade gallium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 169ppm Ga, 227.17ppm Ga₂O₃, 1.29ppm Te in sample 30104 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 14 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-26) Ida Holmes Junction Project · tellurium #### Identity - Project: Ida Holmes Junction Project - Commodity: tellurium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 1.29 - Grade Unit: ppm Te #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade tellurium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 169ppm Ga, 227.17ppm Ga₂O₃, 1.29ppm Te in sample 30104 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-27) Ida Holmes Junction Project · gallium #### Identity - Project: Ida Holmes Junction Project - Commodity: gallium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 185.5 - Grade Unit: ppm Ga #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade gallium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 185.5ppm Ga, 249.35ppm Ga₂O₃, 1.19ppm Te in sample 30106 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 16 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-28) Ida Holmes Junction Project · tellurium #### Identity - Project: Ida Holmes Junction Project - Commodity: tellurium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 1.19 - Grade Unit: ppm Te #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade tellurium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 185.5ppm Ga, 249.35ppm Ga₂O₃, 1.19ppm Te in sample 30106 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 17 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-29) Ida Holmes Junction Project · gallium #### Identity - Project: Ida Holmes Junction Project - Commodity: gallium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 171 - Grade Unit: ppm Ga #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade gallium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 171ppm Ga, 229.86ppm Ga₂O₃, 1.26ppm Te in sample 30111 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 18 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-30) Ida Holmes Junction Project · tellurium #### Identity - Project: Ida Holmes Junction Project - Commodity: tellurium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 1.26 - Grade Unit: ppm Te #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Maiden high-grade tellurium discovery from rock-chip sampling, indicating significant new critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 171ppm Ga, 229.86ppm Ga₂O₃, 1.26ppm Te in sample 30111 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 19 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-31) Ida Holmes Junction Project · gallium #### Identity - Project: Ida Holmes Junction Project - Commodity: gallium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 153 - Grade Unit: ppm Ga #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium results from rock-chip sampling, confirming continuity of mineralisation. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 153ppm Ga \(205.66ppm Ga₂O₃\) in sample 30080 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 20 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-32) Ida Holmes Junction Project · gallium Historical result Needs review: historical\_restatement #### Identity - Project: Ida Holmes Junction Project - Commodity: gallium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 144.5 - Grade Unit: ppm Ga #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade gallium results from rock-chip sampling, confirming continuity of mineralisation. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 144.5ppm Ga \(194.24ppm Ga₂O₃\) in sample 30081 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 21 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-33) Ida Holmes Junction Project · cobalt #### Identity - Project: Ida Holmes Junction Project - Commodity: cobalt - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 2.47 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Very high-grade cobalt rock-chip result, confirming significant critical minerals potential. - Positive factor: Bonanza Intercept - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 2.47% Co, 0.58% Cu, 1.07% Ni, 1.30% Pb & 82.5ppm Sc \(126.25ppm Sc₂O₃\) in sample 30098 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 22 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-34) Ida Holmes Junction Project · copper #### Identity - Project: Ida Holmes Junction Project - Commodity: copper - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 0.58 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade copper rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 2.47% Co, 0.58% Cu, 1.07% Ni, 1.30% Pb & 82.5ppm Sc \(126.25ppm Sc₂O₃\) in sample 30098 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 23 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-35) Ida Holmes Junction Project · nickel #### Identity - Project: Ida Holmes Junction Project - Commodity: nickel - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 1.07 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade nickel rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 2.47% Co, 0.58% Cu, 1.07% Ni, 1.30% Pb & 82.5ppm Sc \(126.25ppm Sc₂O₃\) in sample 30098 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 24 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-36) Ida Holmes Junction Project · lead #### Identity - Project: Ida Holmes Junction Project - Commodity: lead - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 1.3 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade lead rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 2.47% Co, 0.58% Cu, 1.07% Ni, 1.30% Pb & 82.5ppm Sc \(126.25ppm Sc₂O₃\) in sample 30098 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 25 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-37) Ida Holmes Junction Project · scandium #### Identity - Project: Ida Holmes Junction Project - Commodity: scandium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 82.5 - Grade Unit: ppm Sc #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade scandium rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 2.47% Co, 0.58% Cu, 1.07% Ni, 1.30% Pb & 82.5ppm Sc \(126.25ppm Sc₂O₃\) in sample 30098 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 26 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-38) Ida Holmes Junction Project · cobalt #### Identity - Project: Ida Holmes Junction Project - Commodity: cobalt - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 0.95 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade cobalt rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 0.95% Co, 0.29% Cu, 0.42% Ni 0.41% Pb & 63.8ppm Sc \(97.8ppm Sc₂O₃\) in sample 30099 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 27 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-39) Ida Holmes Junction Project · copper #### Identity - Project: Ida Holmes Junction Project - Commodity: copper - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 0.29 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Copper rock-chip result, confirming critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 0.95% Co, 0.29% Cu, 0.42% Ni 0.41% Pb & 63.8ppm Sc \(97.8ppm Sc₂O₃\) in sample 30099 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 28 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-40) Ida Holmes Junction Project · nickel #### Identity - Project: Ida Holmes Junction Project - Commodity: nickel - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 0.42 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Nickel rock-chip result, confirming critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 0.95% Co, 0.29% Cu, 0.42% Ni 0.41% Pb & 63.8ppm Sc \(97.8ppm Sc₂O₃\) in sample 30099 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 29 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-41) Ida Holmes Junction Project · lead #### Identity - Project: Ida Holmes Junction Project - Commodity: lead - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 0.41 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Lead rock-chip result, confirming critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 0.95% Co, 0.29% Cu, 0.42% Ni 0.41% Pb & 63.8ppm Sc \(97.8ppm Sc₂O₃\) in sample 30099 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### Fact 30 [Link to this fact](https://atlas-staging.minestarters.com/news/wyx-annual-report-to-shareholders--515545a7-799d-4695-a8b9-35bfaf168022#fact-resource-facts-42) Ida Holmes Junction Project · scandium #### Identity - Project: Ida Holmes Junction Project - Commodity: scandium - Region: australia\_wa - Reported Region: Western Australia - Ticker: WYX #### Resource scope - QP Signed: No - Resource group id: resource:736c5185150548661e6b #### Resource Data - Grade: 63.8 - Grade Unit: ppm Sc #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade scandium rock-chip result, confirming significant critical minerals potential. - Positive factor: Exploration Success - Negative factor: No QA/QC Disclosure Evidence · text > 0.95% Co, 0.29% Cu, 0.42% Ni 0.41% Pb & 63.8ppm Sc \(97.8ppm Sc₂O₃\) in sample 30099 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ## 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.