Savinac 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
Savinac is located in Serbia, Europe. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, moderate relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under very 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 moderate grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2017-07-19 | 0.75 g/t Gold Equivalent over 6.0 m from 5.0 m | Moderate Grade | Thick | Very Shallow |
| 2017-07-19 | 0.47 g/t Gold Equivalent over 6.0 m from 139.0 m | Moderate Grade | Thick | Moderate Depth |
| 2017-07-19 | 0.96 g/t Gold Equivalent over 4.0 m from 20.0 m | Moderate Grade | Thick | Shallow |
| 2017-07-19 | 3.28 g/t Gold Equivalent over 1.0 m from 35.0 m | High Grade | Thin | Shallow |
| 2017-07-19 | 2.11 g/t Gold Equivalent over 6.0 m from 35.0 m | High Grade | Thick | Shallow |
| 2017-07-19 | 2.64 g/t Gold Equivalent over 1.0 m from 40.0 m | High Grade | Thin | Shallow |
| 2017-07-19 | 4.15 g/t Gold Equivalent over 3.0 m from 101.0 m | High Grade | Thick | Moderate Depth |
| 2017-07-19 | 0.36 g/t Gold Equivalent over 5.0 m from 25.0 m | Moderate Grade | Thick | Shallow |
| 2017-07-19 | 1.02 g/t Gold Equivalent over 8.0 m from 34.0 m | Moderate Grade | Very Thick | Shallow |
| 2017-07-19 | 0.83 g/t Gold Equivalent over 6.0 m from 88.0 m | Moderate Grade | Thick | Moderate Depth |
| 2017-07-19 | 0.80 g/t Gold Equivalent over 10.0 m from 50.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2017-07-19 | 2.18 g/t Gold Equivalent over 1.0 m from 55.0 m | High Grade | Thin | Moderate Depth |
| 2017-07-19 | 1.77 g/t Gold Equivalent over 5.0 m from 55.0 m | High Grade | Thick | Moderate Depth |
| 2017-07-19 | 1.25 g/t Gold Equivalent over 20.0 m from 62.0 m | High Grade | Very Thick | Moderate Depth |
| 2017-07-19 | 3.77 g/t Gold Equivalent over 5.0 m from 65.0 m | High 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.