Ferke 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
Ferke is located in Côte d'Ivoire, Africa. The surrounding region has historically demonstrated a moderate potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with thin sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average moderate grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-03-17 | 0.80 g/t Gold over 7.0 m from 48.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-03-17 | 0.99 g/t Gold over 6.3 m from 106.8 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-17 | 2.31 g/t Gold over 3.0 m from 224.0 m | High Grade | Thick | Moderate Depth |
| 2025-03-17 | 0.87 g/t Gold over 27.0 m from 217.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-03-17 | 0.36 g/t Gold over 3.0 m from 164.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-17 | 1.84 g/t Gold over 5.4 m from 70.9 m | High Grade | Thick | Moderate Depth |
| 2025-03-17 | 0.65 g/t Gold over 1.0 m from 53.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-03-17 | 0.74 g/t Gold over 4.0 m from 215.4 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-17 | 3.38 g/t Gold over 10.0 m from 196.5 m | High Grade | Very Thick | Moderate Depth |
| 2025-03-17 | 1.95 g/t Gold over 26.9 m from 181.5 m | High Grade | Very Thick | Moderate Depth |
| 2025-03-17 | 4.33 g/t Gold over 2.0 m from 160.5 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-03-17 | 0.85 g/t Gold over 16.0 m from 160.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-03-17 | 0.58 g/t Gold over 5.4 m from 147.2 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-17 | 1.00 g/t Gold over 1.0 m from 259.0 m | Moderate Grade | Thin | Deep |
| 2025-03-17 | 2.11 g/t Gold over 3.8 m from 239.0 m | High Grade | 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.