View settings100% · M+I+I · Resources excl. reserves · Native commodities

Reporting assumptions

These choices persist and are added to shared URLs.

Ownership basis

Show the full project inventory before ownership adjustment.

Display scale

Display contained quantities in millions of ounces or tonnes.

Resource treatment

Normalise Resources to exclude Reserves: where a project is flagged inclusive, net Reserves out of Resources so the figure is additional Resources beyond Reserves. Unknown-convention rows are shown as stated.

Resource total

Total Resource includes Inferred (JORC convention). Totals are re-derived from category rows wherever the document discloses them.

Recovery basis

Show the issuer's headline recoverable figure as reported. Lithium-brine reserves already have the brine-processing recovery factor applied; everything else is shown as stated.

Commodity view

Primary view: each commodity in its own contained unit (oz / t).

Goongarrie Hub

Western Australia, Australia · Developing · 65.0% ownedUnverified

Current R&R by category

Whole-project rollup at the latest vintage per category: printed project-level rows are preferred, and mining areas are summed (tonnes-weighted grade) only where the issuer prints no project-level row. Per-area and per-source detail in the Current R&R table below.

Ni

Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	As at
Measured	18.00 Mt	0.94%	0.17 Mt Ni	30 June 2023
Indicated	277.00 Mt	0.70%	1.92 Mt Ni	30 June 2023
Inferred	289.00 Mt	0.67%	1.95 Mt Ni	30 June 2023
Total Resources	584.00 Mt	0.69%	4.04 Mt Ni	30 June 2023
Proved	16.70 Mt	0.96%	0.16 Mt Ni	30 June 2023
Probable	177.40 Mt	0.68%	1.20 Mt Ni	30 June 2023
Total Reserves	194.10 Mt	0.70%	1.37 Mt Ni	30 June 2023

Co

Category	Tonnes (Mt)	Grade (% Co)	Contained (Mt Co)	As at
Measured	18.00 Mt	0.09%	0.02 Mt Co	30 June 2023
Indicated	277.00 Mt	0.05%	0.13 Mt Co	30 June 2023
Inferred	289.00 Mt	0.04%	0.11 Mt Co	30 June 2023
Total Resources	584.00 Mt	0.04%	0.25 Mt Co	30 June 2023
Proved	16.70 Mt	0.09%	0.02 Mt Co	30 June 2023
Probable

Cut-off grade

0.5000 % Ni · 0.5000 % Co

Price assumption

A$22000.00/t

JORC code year

2012

Peer benchmark — developing Ni projects (15 with resources)Resource size P77Resource grade P57View on grade-tonnage chart →

Percentile of this project's current total Resource among covered peers (P100 = largest / highest grade). Basis and Inferred toggles apply.

Data quality

Latest source: Kalgoorlie Nickel Project Goongarrie Hub DFS Update · 30 June 2023
Reporting code: JORC 2012
Convention: mixed
Currency assumption: A$
Disagreement flags: 28 rows

Current R&R

Resources

Area	Category	Tonnes (Mt)	Ni		Co		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	Grade (% Co)	Contained (Mt Co)	As at	Source	Provenance
Total	Measured	18.00 Mt	0.94%	0.17 Mt Ni	0.09%	0.02 Mt Co	30 June 2023	5Unverified

Goongarrie South

Measured

18.00 Mt

0.94%

0.17 Mt Ni

0.09%

0.02 Mt Co

30 June 2023

23Unverified

notes (4)

Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026

Ref: 23

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 0.50 % Ni — Cut-off grade assumption from the source statement.
inc — Stated Resources are inclusive of Reserves. Set Resources: Excl. Reserves to net them out.

QA notes:

QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA WARN: area-NULL copy (18200000 t) matches the 'Goongarrie South' sibling (18000000 t) within print rounding — likely the SAME estimate from the summary and detail tables (t67 Bilboes class; rounding defeats exact dedup). Keep the key the book's series uses; reject the twin. QA WARN: tonnes AND contained match an approved estimate of this company filed under a DIFFERENT identity (project 'Goongarrie Hub', area None) — likely a cross-project re-presentation / umbrella-alias copy of that estimate; keep one operative copy under the established filing. QA WARN: identical figure to approved history under a DIFFERENT label ('Goongarrie Hub'/None) — likely the same estimate re-presented with a renamed project/area (alias or labelling drift). Reject as a duplicate unless this is genuinely a different deposit. QA INFO: recompute differs 1.05% from the printed contained figure, but the printed tonnes/grade/contained carry ±3.60% rounding granularity (capped per component; the true half-step band of coarse prints is wider) and the remainder sits under the warn threshold — treated as reconciled. QA INFO: identical figures to area(s) 'Goongarrie Subtotal' — likely the same printed line under two labels (a summary and a detail table); keep one label and reject the other. QA WARN: identical tonnes AND contained to an APPROVED row of the same project/category/vintage under a DIFFERENT area label (approved area=None, this row area='Goongarrie South') — an area-relabelled re-presentation (live t52: Ahafo North / Brucejack, six rows). The approved identity is the vetted one: reject this copy rather than approving it; clearing the label would mint an exact duplicate.

Reserves

Area	Category	Tonnes (Mt)	Ni		Co		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	Grade (% Co)	Contained (Mt Co)	As at	Source	Provenance
Total	Proved	16.70 Mt	0.96%	0.16 Mt Ni	0.09%	0.02 Mt Co	30 June 2023	21Unverified Evidence record Goongarrie Hub Proved · Co · as at 2023-06-30 Reported figure Area Whole project Basis 100% Ore tonnes (t) 16700000.0000 Grade 0.0900 Contained (t Co) 15000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 21 Published 2026-08-03 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026 Ref: 21 JORC 2012 — Reporting code of record: JORC 2012 Cutoff 0.50 % Co — Cut-off grade assumption from the source statement. @ A$ 22,000/t — Metal price assumption used to derive this estimate. QA notes: QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin.
Total	Probable	177.40 Mt	0.68%	1.20 Mt Ni	0.05%	0.08 Mt Co	30 June 2023	21Unverified Evidence record Goongarrie Hub Probable · Ni · as at 2023-06-30 Reported figure Area Whole project Basis 100% Ore tonnes (t) 177400000.0000 Grade 0.6800 Contained (t Ni) 1204000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 21 Published 2026-08-03 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source:
Total	Total Reserves	194.10 Mt	0.70%	1.37 Mt Ni	0.05%	0.10 Mt Co	30 June 2023	21Unverified Evidence record Goongarrie Hub Total Reserve · Ni · as at 2023-06-30 Reported figure Area Whole project Basis 100% Ore tonnes (t) 194100000.0000 Grade 0.7000 Contained (t Ni) 1365000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 21 Published 2026-08-03 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ardea 2026 Diggers and Dealers Presentation
Big Four/Scotia Dam	Probable	35.70 Mt	0.75%	0.27 Mt Ni	0.06%	0.02 Mt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Probable · Co · as at 2023-06-30 Reported figure Area Big Four/Scotia Dam Basis 100% Ore tonnes (t) 35700000.0000 Grade 0.0600 Contained (t Co) 23000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted QA INFO: recompute differs 6.87% from the printed contained figure, but the printed tonnes/grade/contained carry ±8.31% rounding granularity (capped per component; the true half-step band of coarse prints is wider) and the remainder sits under the warn threshold — treated as reconciled. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Ardea 2026 Diggers and Dealers Presentation
Goongarrie Hill	Probable	15.90 Mt	0.70%	0.11 Mt Ni	0.04%	0.01 Mt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Probable · Ni · as at 2023-06-30 Reported figure Area Goongarrie Hill Basis 100% Ore tonnes (t) 15900000.0000 Grade 0.7000 Contained (t Ni) 111000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026 Ref: 24
Goongarrie South	Proved	16.70 Mt	0.96%	0.16 Mt Ni	0.09%	0.02 Mt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Proved · Ni · as at 2023-06-30 Reported figure Area Goongarrie South Basis 100% Ore tonnes (t) 16700000.0000 Grade 0.9600 Contained (t Ni) 160000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Ardea 2026 Diggers and Dealers Presentation
Goongarrie South	Probable	35.40 Mt	0.77%	0.27 Mt Ni	0.07%	0.02 Mt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Probable · Ni · as at 2023-06-30 Reported figure Area Goongarrie South Basis 100% Ore tonnes (t) 35400000.0000 Grade 0.7700 Contained (t Ni) 272000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026 Ref: 24
Highway	Probable	81.20 Mt	0.60%	0.49 Mt Ni	0.03%	0.03 Mt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Probable · Ni · as at 2023-06-30 Reported figure Area Highway Basis 100% Ore tonnes (t) 81200000.0000 Grade 0.6000 Contained (t Ni) 486000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026 Ref: 24
Siberia North	Probable	9.20 Mt	0.74%	0.07 Mt Ni	0.05%	4 kt Co	30 June 2023	24Unverified Evidence record Goongarrie Hub Probable · Ni · as at 2023-06-30 Reported figure Area Siberia North Basis 100% Ore tonnes (t) 9200000.0000 Grade 0.7400 Contained (t Ni) 68000.0000 Classification Reserve Source trail Ardea 2026 Diggers and Dealers Presentation 24 Published 2026-08-03 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ardea 2026 Diggers and Dealers Presentation · published 03 Aug 2026 Ref: 24