Golden Chimney/Kookynie West 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
Golden Chimney/Kookynie West is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with very thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, very short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2019-12-17 | 0.19 g/t Gold Equivalent over 4.0 m from 28.0 m | Low Grade | Thick | Shallow |
2019-12-17 | 0.05 g/t Gold Equivalent over 4.0 m from 32.0 m | Low Grade | Thick | Shallow |
2019-12-17 | 0.04 g/t Gold Equivalent over 4.0 m from 36.0 m | Low Grade | Thick | Shallow |
2019-12-17 | 0.06 g/t Gold Equivalent over 4.0 m from 64.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.05 g/t Gold Equivalent over 4.0 m from 80.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.05 g/t Gold Equivalent over 4.0 m from 104.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.07 g/t Gold Equivalent over 4.0 m from 116.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.15 g/t Gold Equivalent over 4.0 m from 128.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.06 g/t Gold Equivalent over 4.0 m from 136.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.12 g/t Gold Equivalent over 4.0 m from 72.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.03 g/t Gold Equivalent over 7.0 m from 120.0 m | Low Grade | Very Thick | Moderate Depth |
2019-12-17 | 0.04 g/t Gold Equivalent over 6.0 m from 132.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.06 g/t Gold Equivalent over 4.0 m from 56.0 m | Low Grade | Thick | Moderate Depth |
2019-12-17 | 0.06 g/t Gold Equivalent over 4.0 m from 12.0 m | Low Grade | Thick | Very Shallow |
2019-07-04 | 0.21 g/t Gold Equivalent over 1.0 m from 18.0 m | Moderate Grade | Thin | 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.