Blackjack 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
Blackjack is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under moderately thick lithosphere with moderately thick sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, very short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-04-20 | 0.01 g/t Gold over 0.5 m from 31.9 m | Very Low Grade | Very Thin | Shallow |
| 2026-04-20 | 0.04 g/t Gold over 0.2 m from 27.1 m | Low Grade | Very Thin | Shallow |
| 2026-04-20 | 61.54 g/t Gold over 0.3 m from 22.2 m | Very High Grade | Very Thin | Shallow |
| 2026-04-20 | 5.10 g/t Gold over 0.2 m from 22.0 m | Very High Grade | Very Thin | Shallow |
| 2026-04-20 | 20.54 g/t Gold over 1.2 m from 22.0 m | Very High Grade | Moderate Thickness | Shallow |
| 2026-04-20 | 0.19 g/t Gold over 1.0 m from 21.0 m | Low Grade | Thin | Shallow |
| 2026-04-20 | 0.26 g/t Gold over 0.8 m from 20.2 m | Moderate Grade | Thin | Shallow |
| 2026-04-20 | 0.01 g/t Gold over 0.2 m from 9.3 m | Very Low Grade | Very Thin | Very Shallow |
| 2026-04-20 | 0.01 g/t Gold over 0.3 m from 28.9 m | Very Low Grade | Very Thin | Shallow |
| 2026-04-20 | 0.06 g/t Gold over 0.2 m from 28.8 m | Low Grade | Very Thin | Shallow |
| 2026-04-20 | 0.01 g/t Gold over 0.8 m from 28.0 m | Very Low Grade | Thin | Shallow |
| 2026-04-20 | 6.05 g/t Gold over 0.7 m from 27.3 m | Very High Grade | Thin | Shallow |
| 2026-04-20 | 0.01 g/t Gold over 0.2 m from 25.1 m | Very Low Grade | Very Thin | Shallow |
| 2026-04-20 | 0.33 g/t Gold over 0.2 m from 23.1 m | Moderate Grade | Very Thin | Shallow |
| 2026-04-20 | 0.04 g/t Gold over 1.1 m from 26.0 m | Low Grade | Moderate Thickness | Shallow |
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.