XRA: Annual Report to shareholders
Original announcement by asx on
- Company
- Xenora Minerals Ltd
- Ticker
- XRA
- Exchange
- ASX
- Region
- Unavailable
- Primary commodity
- Lithium
- Secondary commodities
- Zinc, Copper, Lead, Silver
- Document categories
- Resource update, Capital raise, Agreement transaction
- Extracted
- 2026-09-23 08:12:35 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Xenora Minerals Ltd (XRA) released its Annual Report for the year ended 30 June 2026, detailing exploration activities at its lithium projects in South Australia and Canada, and reporting a historical Mineral Resource Estimate for the Mt Hardy Project. The company completed capital raises totaling $3.03 million during the year and advanced its earn-in at the Dudley Lithium Project, with drilling planned for later in 2026. The report includes an unchanged Inferred Mineral Resource Estimate for the Mt Hardy Project's Hendrix deposit, effective 10 July 2019, for zinc, copper, lead, and silver.
Reasoning: Xenora Minerals Ltd's annual report highlights successful capital raises and progress on its Dudley Lithium Project earn-in, with drilling planned. However, the reported Mt Hardy Mineral Resource Estimate is historical and entirely in the Inferred category, limiting its current materiality.
Positive factors
- Funding Secured
- Project Advancement
Negative factors
- Stale Estimate
- All Inferred
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 45
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document includes an 'Annual Mineral Resources and Reserves' section with a detailed table for the Hendrix Inferred Mineral Resource Estimate.
Evidence · text
“Annual Mineral Resources and Reserves”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The entire Hendrix Mineral Resource Estimate is classified as 'Inferred'.
Evidence · table
“Inferred”
Context: 2,700,000
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The Hendrix Mineral Resource Statement explicitly lists all reported tonnage under the 'Inferred' category, with no Measured or Indicated resources.
Evidence · table
“Inferred”
Context: 2,700,000
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The report states that the Mineral Resource Estimate is based on information compiled by Andrew Thompson and approved by Sam Ekins, both members of relevant professional bodies.
Evidence · text
“The information in this report that relates to the Inferred Hendrix Mineral Resource is based on information compiled by Andrew Thompson, who is an employee of S2 Resources and was carrying out work for Trinex Minerals under a Shared Services Agreement between the companies. Mr Thompson is a member of the Australian Institute of Mining and Metallurgy (MAusIMM) and has sufficient experience of relevance to the style of mineralisation and the types of deposits under consideration, and to the activities undertaken, to quality as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasia Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. This Resources Statement remains materially unchanged and is consistent with the Mineral Resource Estimation announced by the Company on 10 July 2019. The re-listing of the resources statement as a whole has been approved by Sam Ekins, who is a Non-Executive Director of Xenora Minerals Limited. Mr. Ekins is a Member of the Australian Institute of Mining and Metallurgy. Mr. Ekins consents to the inclusion of the Mineral Resources Statement in this annual report in the form and context in which it appears.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource Estimate is stated to be in accordance with the JORC Code (2012 Edition).
Evidence · text
“to quality as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasia Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The Mineral Resource Estimate is stated to be unchanged since 10 July 2019, making it over two years old at the reporting date of 30 June 2026.
Evidence · text
“There has been no change in the Hendrix Inferred Mineral Resource since 10 July 2019.”
Extracted facts
Stored fact records: 45. Some facts used in scoring do not have a stored record.
Resource Estimates (45)
inferredMt Hardy Project · zincTonnes: 2700000Grade: 6.5Grade Unit: %Contained Metal: 176000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:cb42797f42e05015055b
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2700000
- Grade
- 6.5
- Grade Unit
- %
- Contained Metal
- 176000
- Contained Unit
- t
- Cutoff Grade
- 0.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.3
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.7 Mt at 6.5% Zn at a 0.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“6.5”
Context: 2,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2700000Grade: 0.9Grade Unit: %Contained Metal: 23200Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:cb42797f42e05015055b
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2700000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 23200
- Contained Unit
- t
- Cutoff Grade
- 0.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.3
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.7 Mt at 0.9% Cu at a 0.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2700000Grade: 1.5Grade Unit: %Contained Metal: 40000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:cb42797f42e05015055b
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2700000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 40000
- Contained Unit
- t
- Cutoff Grade
- 0.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.3
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.7 Mt at 1.5% Pb at a 0.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.5”
Context: 2,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2700000Grade: 34Grade Unit: g/tContained Metal: 3000000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:cb42797f42e05015055b
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2700000
- Grade
- 34
- Grade Unit
- g/t
- Contained Metal
- 3000000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.3
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.7 Mt at 34 g/t Ag at a 0.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“34”
Context: 2,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2600000Grade: 6.6Grade Unit: %Contained Metal: 175000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 6.6
- Grade Unit
- %
- Contained Metal
- 175000
- Contained Unit
- t
- Cutoff Grade
- 1
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.4
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 6.6% Zn at a 1.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“6.6”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2600000Grade: 0.9Grade Unit: %Contained Metal: 22700Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 22700
- Contained Unit
- t
- Cutoff Grade
- 1
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.4
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 0.9% Cu at a 1.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2600000Grade: 1.5Grade Unit: %Contained Metal: 40000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 40000
- Contained Unit
- t
- Cutoff Grade
- 1
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.4
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 1.5% Pb at a 1.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.5”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2600000Grade: 34Grade Unit: g/tContained Metal: 2900000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 34
- Grade Unit
- g/t
- Contained Metal
- 2900000
- Contained Unit
- oz
- Cutoff Grade
- 1
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.4
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 34 g/t Ag at a 1.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“34”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2600000Grade: 6.7Grade Unit: %Contained Metal: 175000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 6.7
- Grade Unit
- %
- Contained Metal
- 175000
- Contained Unit
- t
- Cutoff Grade
- 1.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 6.7% Zn at a 1.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“6.7”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2600000Grade: 0.9Grade Unit: %Contained Metal: 22500Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 22500
- Contained Unit
- t
- Cutoff Grade
- 1.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 0.9% Cu at a 1.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2600000Grade: 1.5Grade Unit: %Contained Metal: 40000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 40000
- Contained Unit
- t
- Cutoff Grade
- 1.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 1.5% Pb at a 1.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.5”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2600000Grade: 35Grade Unit: g/tContained Metal: 2900000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:c4406af2b215a7d93d7d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2600000
- Grade
- 35
- Grade Unit
- g/t
- Contained Metal
- 2900000
- Contained Unit
- oz
- Cutoff Grade
- 1.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.6 Mt at 35 g/t Ag at a 1.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“35”
Context: 2,600,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2500000Grade: 6.8Grade Unit: %Contained Metal: 173000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 6.8
- Grade Unit
- %
- Contained Metal
- 173000
- Contained Unit
- t
- Cutoff Grade
- 2
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 6.8% Zn at a 2.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“6.8”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2500000Grade: 0.9Grade Unit: %Contained Metal: 22000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 22000
- Contained Unit
- t
- Cutoff Grade
- 2
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 0.9% Cu at a 2.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2500000Grade: 1.6Grade Unit: %Contained Metal: 40000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 1.6
- Grade Unit
- %
- Contained Metal
- 40000
- Contained Unit
- t
- Cutoff Grade
- 2
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 1.6% Pb at a 2.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.6”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2500000Grade: 35Grade Unit: g/tContained Metal: 2900000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 35
- Grade Unit
- g/t
- Contained Metal
- 2900000
- Contained Unit
- oz
- Cutoff Grade
- 2
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 35 g/t Ag at a 2.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“35”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2500000Grade: 7Grade Unit: %Contained Metal: 172000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 7
- Grade Unit
- %
- Contained Metal
- 172000
- Contained Unit
- t
- Cutoff Grade
- 2.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.8
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 7.0% Zn at a 2.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“7.0”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2500000Grade: 0.9Grade Unit: %Contained Metal: 21500Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 21500
- Contained Unit
- t
- Cutoff Grade
- 2.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.8
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 0.9% Cu at a 2.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2500000Grade: 1.6Grade Unit: %Contained Metal: 39000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 1.6
- Grade Unit
- %
- Contained Metal
- 39000
- Contained Unit
- t
- Cutoff Grade
- 2.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.8
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 1.6% Pb at a 2.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.6”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2500000Grade: 35Grade Unit: g/tContained Metal: 2800000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:fd3e0686eb26ff56f5d3
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2500000
- Grade
- 35
- Grade Unit
- g/t
- Contained Metal
- 2800000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 10.8
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.5 Mt at 35 g/t Ag at a 2.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“35”
Context: 2,500,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2400000Grade: 7.1Grade Unit: %Contained Metal: 170000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:d864d28e128b7b10ea26
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2400000
- Grade
- 7.1
- Grade Unit
- %
- Contained Metal
- 170000
- Contained Unit
- t
- Cutoff Grade
- 3
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.4 Mt at 7.1% Zn at a 3.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“7.1”
Context: 2,400,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2400000Grade: 0.9Grade Unit: %Contained Metal: 21100Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:d864d28e128b7b10ea26
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2400000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 21100
- Contained Unit
- t
- Cutoff Grade
- 3
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.4 Mt at 0.9% Cu at a 3.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,400,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2400000Grade: 1.6Grade Unit: %Contained Metal: 38000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:d864d28e128b7b10ea26
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2400000
- Grade
- 1.6
- Grade Unit
- %
- Contained Metal
- 38000
- Contained Unit
- t
- Cutoff Grade
- 3
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.4 Mt at 1.6% Pb at a 3.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.6”
Context: 2,400,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2400000Grade: 36Grade Unit: g/tContained Metal: 2800000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:d864d28e128b7b10ea26
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2400000
- Grade
- 36
- Grade Unit
- g/t
- Contained Metal
- 2800000
- Contained Unit
- oz
- Cutoff Grade
- 3
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.4 Mt at 36 g/t Ag at a 3.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“36”
Context: 2,400,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2300000Grade: 7.2Grade Unit: %Contained Metal: 167000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:dcbce59af563870bd3c9
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2300000
- Grade
- 7.2
- Grade Unit
- %
- Contained Metal
- 167000
- Contained Unit
- t
- Cutoff Grade
- 3.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.2
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.3 Mt at 7.2% Zn at a 3.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“7.2”
Context: 2,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2300000Grade: 0.9Grade Unit: %Contained Metal: 20600Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:dcbce59af563870bd3c9
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2300000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 20600
- Contained Unit
- t
- Cutoff Grade
- 3.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.2
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.3 Mt at 0.9% Cu at a 3.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2300000Grade: 1.6Grade Unit: %Contained Metal: 37000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:dcbce59af563870bd3c9
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2300000
- Grade
- 1.6
- Grade Unit
- %
- Contained Metal
- 37000
- Contained Unit
- t
- Cutoff Grade
- 3.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.2
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.3 Mt at 1.6% Pb at a 3.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.6”
Context: 2,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2300000Grade: 36Grade Unit: g/tContained Metal: 2700000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:dcbce59af563870bd3c9
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2300000
- Grade
- 36
- Grade Unit
- g/t
- Contained Metal
- 2700000
- Contained Unit
- oz
- Cutoff Grade
- 3.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.2
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.3 Mt at 36 g/t Ag at a 3.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“36”
Context: 2,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2200000Grade: 7.5Grade Unit: %Contained Metal: 162000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:6d03a8f57b72d1ce149d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2200000
- Grade
- 7.5
- Grade Unit
- %
- Contained Metal
- 162000
- Contained Unit
- t
- Cutoff Grade
- 4
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.2 Mt at 7.5% Zn at a 4.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“7.5”
Context: 2,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2200000Grade: 0.9Grade Unit: %Contained Metal: 19900Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:6d03a8f57b72d1ce149d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2200000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 19900
- Contained Unit
- t
- Cutoff Grade
- 4
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.2 Mt at 0.9% Cu at a 4.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“0.9”
Context: 2,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2200000Grade: 1.6Grade Unit: %Contained Metal: 35000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:6d03a8f57b72d1ce149d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2200000
- Grade
- 1.6
- Grade Unit
- %
- Contained Metal
- 35000
- Contained Unit
- t
- Cutoff Grade
- 4
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.2 Mt at 1.6% Pb at a 4.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.6”
Context: 2,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2200000Grade: 37Grade Unit: g/tContained Metal: 2600000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:6d03a8f57b72d1ce149d
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2200000
- Grade
- 37
- Grade Unit
- g/t
- Contained Metal
- 2600000
- Contained Unit
- oz
- Cutoff Grade
- 4
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 11.5
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.2 Mt at 37 g/t Ag at a 4.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“37”
Context: 2,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 2000000Grade: 7.8Grade Unit: %Contained Metal: 153000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:0331daede4b4a9d357a0
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 7.8
- Grade Unit
- %
- Contained Metal
- 153000
- Contained Unit
- t
- Cutoff Grade
- 4.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.0 Mt at 7.8% Zn at a 4.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“7.8”
Context: 2,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 2000000Grade: 1Grade Unit: %Contained Metal: 18800Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:0331daede4b4a9d357a0
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 1
- Grade Unit
- %
- Contained Metal
- 18800
- Contained Unit
- t
- Cutoff Grade
- 4.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.0 Mt at 1.0% Cu at a 4.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.0”
Context: 2,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 2000000Grade: 1.7Grade Unit: %Contained Metal: 34000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:0331daede4b4a9d357a0
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 1.7
- Grade Unit
- %
- Contained Metal
- 34000
- Contained Unit
- t
- Cutoff Grade
- 4.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.0 Mt at 1.7% Pb at a 4.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.7”
Context: 2,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 2000000Grade: 39Grade Unit: g/tContained Metal: 2400000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:0331daede4b4a9d357a0
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 39
- Grade Unit
- g/t
- Contained Metal
- 2400000
- Contained Unit
- oz
- Cutoff Grade
- 4.5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 2.0 Mt at 39 g/t Ag at a 4.5% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“39”
Context: 2,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · zincTonnes: 1700000Grade: 8.2Grade Unit: %Contained Metal: 142000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:8029edb0bba55bdae3c8
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 8.2
- Grade Unit
- %
- Contained Metal
- 142000
- Contained Unit
- t
- Cutoff Grade
- 5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 1.7 Mt at 8.2% Zn at a 5.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“8.2”
Context: 1,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · copperTonnes: 1700000Grade: 1Grade Unit: %Contained Metal: 17300Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:8029edb0bba55bdae3c8
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 1
- Grade Unit
- %
- Contained Metal
- 17300
- Contained Unit
- t
- Cutoff Grade
- 5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 1.7 Mt at 1.0% Cu at a 5.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.0”
Context: 1,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · leadTonnes: 1700000Grade: 1.8Grade Unit: %Contained Metal: 32000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:8029edb0bba55bdae3c8
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 1.8
- Grade Unit
- %
- Contained Metal
- 32000
- Contained Unit
- t
- Cutoff Grade
- 5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 1.7 Mt at 1.8% Pb at a 5.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“1.8”
Context: 1,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
inferredMt Hardy Project · silverTonnes: 1700000Grade: 41Grade Unit: g/tContained Metal: 2300000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Mt Hardy Project
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- XRA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Andrew Thompson, Sam Ekins
- Resource group id
- resource:8029edb0bba55bdae3c8
- Deposit or zone
- Hendrix
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 41
- Grade Unit
- g/t
- Contained Metal
- 2300000
- Contained Unit
- oz
- Cutoff Grade
- 5
- Cutoff Unit
- % ZnEq
Prior Estimate
- Resource Date
- 2019-07-10
Metal Equivalent
- Metal Eq. Grade
- 12.7
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2019-07-10T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This Inferred Mineral Resource Estimate for the Hendrix deposit, unchanged since 2019, reports 1.7 Mt at 41 g/t Ag at a 5.0% ZnEq cut-off, indicating early-stage geological confidence and is historical.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- All Inferred
- Stale Estimate
Evidence · table
“41”
Context: 1,700,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 7.2 years before this release
Fact 41View all detailsHide details
Identity
- Ticker
- XRA
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The company successfully completed the second tranche of a capital raising, securing $0.93 million through the issuance of 3.716 billion shares to sophisticated investors, which is material for funding operations.
Positive factors
- Funding Secured
Negative factors
- Dilution
Evidence · text
“The Company completed the second tranche of the capital raising announced on 15 May 2025, issuing 3.716 billion shares on 2 July 2025 to sophisticated investors and raising $0.93 million before costs.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 42View all detailsHide details
Identity
- Ticker
- XRA
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The company completed Tranche 1 of a capital raising, issuing 11.67 million shares at $0.16 per share to raise $1.87 million, providing significant funding for its activities.
Positive factors
- Funding Secured
Negative factors
- Dilution
Evidence · text
“Tranche 1: 11,670,360 were issued on 13 October 2025 to raise $1,867,258 before costs.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 43View all detailsHide details
Identity
- Ticker
- XRA
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The company completed Tranche 2 of a capital raising, issuing 1.45 million shares to Directors at $0.16 per share to raise $0.23 million, contributing to the company's funding.
Positive factors
- Funding Secured
Negative factors
- Dilution
Evidence · text
“Tranche 2: 1,454,640 were issued to Directors on 3 December 2025 following shareholder approval at the Annual General Meeting ('AGM') on 27 November 2025, to raise $232,742 before costs.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 44Dudley Lithium ProjectView all detailsHide details
Identity
- Project
- Dudley Lithium Project
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- XRA
Resource scope
- Resource group id
- resource:be7f0199eda399c8f138
Prior Estimate
- Resource Date
- 2026-01-09
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The company elected to proceed with Stage 1b of the Dudley Lithium Project earn-in, involving a cash payment and share issuance, demonstrating continued commitment and progress on the project.
Positive factors
- Project Advancement
Evidence · text
“On 9 January 2026, the Company elected to proceed with Stage 1b of the earn-in for the Dudley Lithium Project. In accordance with the earn-in terms, the Company paid $37,500 and issued 393,701 fully paid ordinary shares, representing an agreed value of $100,000.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 45Mount Hardy ProjectView all detailsHide details
Identity
- Project
- Mount Hardy Project
- Ticker
- XRA
Resource scope
- Resource group id
- resource:0f06eaeaddcca40634d4
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Rehabilitation activities at the Mount Hardy Project are ongoing, aiming to complete required works and recover environmental bonds, indicating responsible environmental management.
Positive factors
- Environmental Compliance
Evidence · text
“Rehabilitation activities were undertaken at the Mount Hardy Project during the year, with the objective of completing the required works and facilitating the return of the associated cash-backed environmental bonds.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.