Tomtebo 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
Tomtebo is located in Sweden, Europe. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (low elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under thick lithosphere with thin sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average high grade, moderate length, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-07-29 | 2.26 g/t Gold Equivalent over 7.8 m from 680.4 m | High Grade | Very Thick | Very Deep |
| 2025-07-29 | 0.62 g/t Gold Equivalent over 0.8 m from 667.0 m | Moderate Grade | Thin | Very Deep |
| 2025-07-29 | 0.69 g/t Gold Equivalent over 1.0 m from 662.0 m | Moderate Grade | Thin | Very Deep |
| 2025-07-29 | 0.80 g/t Gold Equivalent over 4.0 m from 603.0 m | Moderate Grade | Thick | Very Deep |
| 2025-07-29 | 1.33 g/t Gold Equivalent over 5.8 m from 555.0 m | High Grade | Thick | Very Deep |
| 2025-07-29 | 1.28 g/t Gold Equivalent over 1.7 m from 80.3 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-07-29 | 1.02 g/t Gold Equivalent over 4.0 m from 70.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-07-29 | 1.91 g/t Gold Equivalent over 5.0 m from 569.0 m | High Grade | Thick | Very Deep |
| 2025-07-29 | 1.17 g/t Gold Equivalent over 13.0 m from 561.0 m | Moderate Grade | Very Thick | Very Deep |
| 2025-07-29 | 4.98 g/t Gold Equivalent over 1.2 m from 138.4 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-07-29 | 2.33 g/t Gold Equivalent over 4.1 m from 58.5 m | High Grade | Thick | Moderate Depth |
| 2025-07-29 | 2.30 g/t Gold Equivalent over 1.3 m from 53.7 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-07-29 | 4.78 g/t Gold Equivalent over 0.4 m from 45.7 m | Very High Grade | Very Thin | Shallow |
| 2025-07-29 | 0.88 g/t Gold Equivalent over 2.8 m from 499.3 m | Moderate Grade | Thick | Very Deep |
| 2025-07-29 | 0.17 g/t Gold Equivalent over 2.9 m from 239.7 m | Low 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.