Degrmen Property
Executive Summary
Executive Summary (overview)
- One-paragraph overview tied to the latest reported drilling results date.
- Estimated probability of advancing to a formal resource.
- Typical ranges for grade, tonnage, mine life, and method mix.
- Cost structure summary and where the project ranks vs peers.
Regional Gold Potential
Degrmen is located in Serbia, Europe. The surrounding region has historically demonstrated a low potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2014-04-17 | 0.27 g/t Gold Equivalent over 7.0 m from 141.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.29 g/t Gold Equivalent over 5.0 m from 139.0 m | Moderate Grade | Thick | Moderate Depth |
| 2014-04-17 | 0.32 g/t Gold Equivalent over 46.1 m from 47.0 m | Moderate Grade | Very Thick | Shallow |
| 2014-04-17 | 0.27 g/t Gold Equivalent over 39.1 m from 0.9 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-04-17 | 0.29 g/t Gold Equivalent over 12.0 m from 189.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.46 g/t Gold Equivalent over 33.0 m from 97.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.42 g/t Gold Equivalent over 8.0 m from 72.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.56 g/t Gold Equivalent over 6.0 m from 38.0 m | Moderate Grade | Thick | Shallow |
| 2014-04-17 | 0.35 g/t Gold Equivalent over 24.0 m from 129.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.29 g/t Gold Equivalent over 5.0 m from 73.0 m | Moderate Grade | Thick | Moderate Depth |
| 2014-04-17 | 0.45 g/t Gold Equivalent over 115.0 m from 275.0 m | Moderate Grade | Very Thick | Deep |
| 2014-04-17 | 0.29 g/t Gold Equivalent over 9.0 m from 226.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-04-17 | 0.48 g/t Gold Equivalent over 144.0 m from 35.0 m | Moderate Grade | Very Thick | Shallow |
| 2014-04-17 | 0.77 g/t Gold Equivalent over 148.0 m from 263.0 m | Moderate Grade | Very Thick | Deep |
| 2014-04-17 | 0.28 g/t Gold Equivalent over 8.0 m from 188.0 m | Moderate Grade | Very Thick | Moderate Depth |
Resource Potential
Resource Potential (overview)
- Probability estimate of advancing to a formal resource.
- Typical ranges for grade and tonnage with p50 markers.
- Side-by-side histograms vs. a global reference dataset.
- Plain-English guidance on how to interpret uncertainty.
Economic Potential
Economic Potential
- Distribution of NPV across 1,000 discounted cash-flow simulations.
- Expected NPV value with context vs. drill-stage peers.
- Discussion of spread, skew, and scenario tails (upside/downside).
- Explicit assumptions shown for discount rate and commodity price.
Assumption Distributions
Assumption Distributions
- Reserve conversion and mine life distributions.
- Recovery, processing costs, and waste:ore ratio ranges.
- Capex/offsite opex, average production rate, and other drivers.