Pinnacle Well 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
Pinnacle Well 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, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick 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 low grade, short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-08-01 | 0.54 g/t Gold over 1.0 m from 41.0 m | Moderate Grade | Thin | Shallow |
| 2025-08-01 | 0.31 g/t Gold over 1.0 m from 30.0 m | Moderate Grade | Thin | Shallow |
| 2025-08-01 | 0.15 g/t Gold over 10.0 m from 18.0 m | Low Grade | Very Thick | Shallow |
| 2025-08-01 | 2.50 g/t Gold over 4.0 m from 28.0 m | High Grade | Thick | Shallow |
| 2025-08-01 | 0.15 g/t Gold over 4.0 m from 16.0 m | Low Grade | Thick | Very Shallow |
| 2025-08-01 | 0.17 g/t Gold over 4.0 m from 44.0 m | Low Grade | Thick | Shallow |
| 2025-08-01 | 0.10 g/t Gold over 4.0 m from 44.0 m | Low Grade | Thick | Shallow |
| 2025-08-01 | 0.11 g/t Gold over 4.0 m from 24.0 m | Low Grade | Thick | Shallow |
| 2025-08-01 | 0.14 g/t Gold over 1.0 m from 43.0 m | Low Grade | Thin | Shallow |
| 2025-08-01 | 0.15 g/t Gold over 1.0 m from 37.0 m | Low Grade | Thin | Shallow |
| 2025-08-01 | 2.20 g/t Gold over 1.0 m from 36.0 m | High Grade | Thin | Shallow |
| 2025-08-01 | 0.18 g/t Gold over 3.0 m from 26.0 m | Low Grade | Thick | Shallow |
| 2025-08-01 | 0.29 g/t Gold over 7.0 m from 30.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-08-01 | 0.27 g/t Gold over 2.0 m from 33.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-08-01 | 1.08 g/t Gold over 2.0 m from 68.0 m | Moderate Grade | Moderate Thickness | 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.