Barimaia 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
Barimaia 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, very low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under thin 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) average high grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-08-20 | 0.65 g/t Gold over 1.0 m from 99.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-20 | 0.82 g/t Gold over 1.0 m from 39.0 m | Moderate Grade | Thin | Shallow |
| 2025-08-20 | 1.34 g/t Gold over 1.0 m from 18.0 m | High Grade | Thin | Shallow |
| 2025-08-20 | 0.59 g/t Gold over 1.0 m from 30.0 m | Moderate Grade | Thin | Shallow |
| 2025-08-20 | 0.59 g/t Gold over 3.0 m from 43.0 m | Moderate Grade | Thick | Shallow |
| 2025-08-20 | 0.62 g/t Gold over 2.0 m from 88.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-08-20 | 0.52 g/t Gold over 1.0 m from 26.0 m | Moderate Grade | Thin | Shallow |
| 2025-08-20 | 1.33 g/t Gold over 2.0 m from 35.0 m | High Grade | Moderate Thickness | Shallow |
| 2025-08-20 | 1.19 g/t Gold over 2.0 m from 44.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-08-20 | 1.46 g/t Gold over 18.0 m from 203.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-08-20 | 0.52 g/t Gold over 1.0 m from 79.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-20 | 0.62 g/t Gold over 1.0 m from 86.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-20 | 0.66 g/t Gold over 1.0 m from 64.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-20 | 0.62 g/t Gold over 2.0 m from 120.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-08-20 | 1.11 g/t Gold over 1.0 m from 34.0 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.