Condobolin 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
Condobolin is located in Australia, Oceania. The surrounding region has historically demonstrated a moderate 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 Mixed sedimentary rocks, 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 Equivalent) average low grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-06-17 | 0.39 g/t Gold Equivalent over 2.0 m from 66.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.21 g/t Gold Equivalent over 2.0 m from 137.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.20 g/t Gold Equivalent over 2.0 m from 24.0 m | Low Grade | Moderate Thickness | Shallow |
| 2013-06-17 | 0.60 g/t Gold Equivalent over 2.0 m from 100.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.87 g/t Gold Equivalent over 10.0 m from 118.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-06-17 | 1.77 g/t Gold Equivalent over 4.0 m from 119.0 m | High Grade | Thick | Moderate Depth |
| 2013-06-17 | 0.21 g/t Gold Equivalent over 1.0 m from 138.0 m | Moderate Grade | Thin | Moderate Depth |
| 2013-06-17 | 0.14 g/t Gold Equivalent over 4.0 m from 56.0 m | Low Grade | Thick | Moderate Depth |
| 2013-06-17 | 0.55 g/t Gold Equivalent over 2.0 m from 76.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 2.03 g/t Gold Equivalent over 4.0 m from 105.0 m | High Grade | Thick | Moderate Depth |
| 2013-06-17 | 0.24 g/t Gold Equivalent over 2.0 m from 83.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.24 g/t Gold Equivalent over 2.0 m from 98.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.29 g/t Gold Equivalent over 4.0 m from 108.0 m | Moderate Grade | Thick | Moderate Depth |
| 2013-06-17 | 0.11 g/t Gold Equivalent over 2.0 m from 118.0 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2013-06-17 | 0.46 g/t Gold Equivalent over 4.0 m from 125.0 m | Moderate 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.