Kesar Creek 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
Kesar Creek is located in Papua New Guinea, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (high elevation, very high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average high grade, very short, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-04-01 | 2.61 g/t Gold Equivalent over 0.3 m from 122.0 m | High Grade | Very Thin | Moderate Depth |
| 2025-04-01 | 13.78 g/t Gold Equivalent over 0.7 m from 84.5 m | Very High Grade | Thin | Moderate Depth |
| 2025-04-01 | 3.80 g/t Gold Equivalent over 3.1 m from 82.5 m | High Grade | Thick | Moderate Depth |
| 2025-04-01 | 2.51 g/t Gold Equivalent over 1.1 m from 51.8 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-04-01 | 2.40 g/t Gold Equivalent over 1.0 m from 65.8 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-04-01 | 2.83 g/t Gold Equivalent over 0.2 m from 32.6 m | High Grade | Very Thin | Shallow |
| 2025-04-01 | 6.61 g/t Gold Equivalent over 0.2 m from 62.5 m | Very High Grade | Very 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.