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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.
| Category | Tonnes (Mt) | Grade (g/t Ag) | Contained (Moz Ag) | As at |
|---|---|---|---|---|
| Measured | — | — | — | — |
| Indicated | 12.14 Mt | 9.93 g/t | 3.88 Moz | 26 May 2026 |
| Inferred | 2.30 Mt | 9.96 g/t | 0.74 Moz | 26 May 2026 |
| Total Resources | 2.61 Mt | 12.90 g/t | 1.08 Moz | 26 May 2026 |
| Proved | — | — | — | — |
| Probable | 11.82 Mt | 9.28 g/t | 3.53 Moz | 15 June 2026 |
| Total Reserves | 11.82 Mt | 9.28 g/t | 3.53 Moz | 15 June 2026 |
Sub-category rows are as disclosed (no Reserves-treatment netting); the Total rows honour the Resources treatment and Inferred-policy toggles, so components may not sum to the Total.
Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.
| Category | Tonnes (Mt) | Grade (% Cu) | Contained (Mt Cu) | As at |
|---|---|---|---|---|
| Measured | — | — | — | — |
| Indicated | 8.69 Mt | 0.09% | 0.01 Mt Cu | 01 Dec 2025 |
| Inferred | 1.78 Mt | 0.06% | 1.1 kt Cu | 01 Dec 2025 |
| Total Resources | 10.48 Mt | 0.08% | 0.01 Mt Cu | 01 Dec 2025 |
| Proved | — | — | — | — |
| Probable |
| Category | Tonnes (Mt) | Grade (% Zn) | Contained (Mt Zn) | As at |
|---|---|---|---|---|
| Measured | — | — | — | — |
| Indicated | 12.14 Mt | 0.29% | 0.03 Mt Zn | 26 May 2026 |
| Inferred | 2.30 Mt | 0.26% | 0.01 Mt Zn | 26 May 2026 |
| Total Resources | 2.61 Mt | 0.28% | 0.01 Mt Zn | 26 May 2026 |
| Proved |
| Area | Category | Tonnes (Mt) | Ag | Cu | Zn | As at | Source | Provenance | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grade (g/t Ag) | Contained (Moz Ag) | Grade (% Cu) | Contained (Mt Cu) | Grade (% Zn) | Contained (Mt Zn) | ||||||
| Total | Indicated | 12.14 Mt | 9.93 g/t | 3.88 Moz | — | — | 0.29% | ||||
| — |
| — |
| — |
| Total Reserves | — | — | — | — |
| — |
| — |
| — |
| Probable | 11.82 Mt | 0.28% | 0.03 Mt Zn | 15 June 2026 |
| Total Reserves | 11.82 Mt | 0.28% | 0.03 Mt Zn | 15 June 2026 |
Sub-category rows are as disclosed (no Reserves-treatment netting); the Total rows honour the Resources treatment and Inferred-policy toggles, so components may not sum to the Total.
Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.
| 26 May 2026 |
| Pilot Mountain Project Mineral Resource EstimateUnverified |
notes (4)Ref: Pilot Mountain Project Mineral Resource Estimate
QA notes:
|
| Total | Inferred | 2.30 Mt | 9.96 g/t | 0.74 Moz | — | — | 0.26% | 0.01 Mt Zn | 26 May 2026 | Pilot Mountain Project Mineral Resource EstimateUnverified | notes (4)Ref: Pilot Mountain Project Mineral Resource Estimate
QA notes:
|
| Total | Total Resources | 2.61–10.48 Mt | 12.90 g/t | 1.08 Moz | 0.08% | 0.01 Mt Cu | 0.28% | 0.01 Mt Zn | 01 Dec 2025 * | derived from 2 rows
| — |
| Desert Scheelite | Indicated | 8.69 Mt | 12.43 g/t | 3.48 Moz | 0.09% | 0.01 Mt Cu | 0.32% | 0.03 Mt Zn | 01 Dec 2025 | Table 1 Desert Scheelite Mineral ResourcesUnverified | notes (5)Ref: Table 1 Desert Scheelite Mineral Resources
QA notes:
|
| Desert Scheelite | Inferred | 1.78 Mt | 12.00 g/t | 0.69 Moz | 0.06% | 1.1 kt Cu | 0.23% | 4 kt Zn | 01 Dec 2025 | Table 1 Desert Scheelite Mineral ResourcesUnverified | notes (5)Ref: Table 1 Desert Scheelite Mineral Resources
QA notes:
|
| Garnet | Indicated | 2.16 Mt | 3.18 g/t | 0.22 Moz | — | — | 0.23% | 0.01 Mt Zn | 26 May 2026 | Pilot Mountain Project Mineral Resource EstimateUnverified | notes (3)Ref: Pilot Mountain Project Mineral Resource Estimate
|
| Garnet | Inferred | 0.36 Mt | 1.87 g/t | 0.02 Moz | — | — | 0.11% | 0.4 kt Zn | 26 May 2026 | Pilot Mountain Project Mineral Resource EstimateUnverified | notes (3)Ref: Pilot Mountain Project Mineral Resource Estimate
|
| Area | Category | Tonnes (Mt) | Ag | Cu | Zn | As at | Source | Provenance | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grade (g/t Ag) | Contained (Moz Ag) | Grade (% Cu) | Contained (Mt Cu) | Grade (% Zn) | Contained (Mt Zn) | ||||||
| Total | Probable | 11.82 Mt | 9.28 g/t | 3.53 Moz | — | — | 0.28% | 0.03 Mt Zn | 15 June 2026 | Pilot Mountain Project Mineral Reserve StatementUnverified | notes (4)Ref: Pilot Mountain Project Mineral Reserve Statement
QA notes:
|
| Total | Total Reserves | 11.82 Mt | 9.28 g/t | 3.53 Moz | — | — | 0.28% | 0.03 Mt Zn | 15 June 2026 | derived from 1 row | |
| Garnet | Probable | 2.09 Mt | 2.78 g/t | 0.19 Moz | — | — | 0.22% | 4.58 kt Zn | 15 June 2026 | Pilot Mountain Project Mineral Reserve StatementUnverified | notes (4) |
Rows are hierarchical, not additive — do not sum a column across rows. Whole-project rows (Area “Total”) already contain the indented named-area rows beneath them, and an issuer's printed per-deposit total can itself contain other listed areas. All derived totals and rollups on this site already exclude the overlapping rows.
Dotted Total-row tonnes/grade are derived under the active Resources treatment: tonnes netted of (or grossed by) the reserve tonnage alongside contained, grade re-derived as netted contained ÷ netted tonnes — not the published figures.
| — |