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Tibooburra Property

Manhattan (MHC.AX)
100% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$8.0M
All dollar amounts in USD

Executive Summary

Locked

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

Tibooburra is located in Australia, Oceania. The surrounding region has historically demonstrated a very low potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Platform tectonic province—factors that inform both deposit style and development complexity.

Tibooburra location map
Gold heat map of the world. Warm colors indicate high gold endowment. Try the interactive version here.

Drill Intercepts

Reported results (Gold) average moderate grade, moderate length, and very shallow. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold) Grade Length Depth
2023-07-10 2.88 g/t Gold over 2.0 m from 88.0 m High Grade Moderate Thickness Moderate Depth
2023-07-10 1.64 g/t Gold over 4.0 m from 38.0 m High Grade Thick Shallow
2023-07-10 0.58 g/t Gold over 3.0 m from 37.0 m Moderate Grade Thick Shallow
2023-07-10 1.18 g/t Gold over 7.0 m from 24.0 m Moderate Grade Very Thick Shallow
2023-07-10 0.77 g/t Gold over 13.0 m from 19.0 m Moderate Grade Very Thick Shallow
2023-07-10 1.22 g/t Gold over 4.0 m from 61.0 m High Grade Thick Moderate Depth
2023-07-10 0.92 g/t Gold over 6.0 m from 61.0 m Moderate Grade Thick Moderate Depth
2023-07-10 0.59 g/t Gold over 3.0 m from 39.0 m Moderate Grade Thick Shallow
2023-07-10 1.84 g/t Gold over 2.0 m from 24.0 m High Grade Moderate Thickness Shallow
2023-07-10 16.10 g/t Gold over 3.0 m from 83.0 m Very High Grade Thick Moderate Depth
2023-07-10 7.23 g/t Gold over 7.0 m from 81.0 m Very High Grade Very Thick Moderate Depth
2023-07-10 0.69 g/t Gold over 5.0 m from 62.0 m Moderate Grade Thick Moderate Depth
2023-07-10 0.74 g/t Gold over 2.0 m from 57.0 m Moderate Grade Moderate Thickness Moderate Depth
2023-07-10 1.95 g/t Gold over 4.0 m from 44.0 m High Grade Thick Shallow
2023-07-10 1.03 g/t Gold over 1.0 m from 31.0 m Moderate Grade Thin Shallow
Rankings are relative to a large global database of gold intercepts.

Resource Potential

Locked

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

Locked

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

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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.
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