John Bull 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
John Bull is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, very high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, under thin 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 moderate grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-11-10 | 1.07 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2023-11-10 | 1.82 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2023-11-10 | 1.07 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2023-11-10 | 1.46 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2023-11-10 | 1.09 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2023-11-10 | 1.86 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2023-09-07 | 1.19 g/t Gold over 1.0 m from 75.0 m | Moderate Grade | Thin | Moderate Depth |
| 2023-09-07 | 1.00 g/t Gold over 2.0 m from 11.0 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2023-09-07 | 6.38 g/t Gold over 1.0 m from 45.0 m | Very High Grade | Thin | Shallow |
| 2023-09-07 | 4.15 g/t Gold over 2.0 m from 34.0 m | High Grade | Moderate Thickness | Shallow |
| 2023-09-07 | 1.36 g/t Gold over 2.0 m from 1.0 m | High Grade | Moderate Thickness | Very Shallow |
| 2023-09-07 | 1.02 g/t Gold over 1.0 m from 137.0 m | Moderate Grade | Thin | Moderate Depth |
| 2023-09-07 | 1.18 g/t Gold over 2.0 m from 64.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2023-09-07 | 1.13 g/t Gold over 2.0 m from 71.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2023-09-07 | 1.21 g/t Gold over 1.0 m from 67.0 m | High Grade | Thin | 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.