Ferke 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
Ferke is located in Côte d'Ivoire, Africa. The surrounding region has historically demonstrated a moderate potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately 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) average high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-04-02 | 1.06 g/t Gold over 9.2 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-04-02 | 0.80 g/t Gold over 0.8 m from 70.7 m | Moderate Grade | Thin | Moderate Depth |
| 2026-04-02 | 2.28 g/t Gold over 105.0 m from 28.0 m | High Grade | Very Thick | Shallow |
| 2026-04-02 | 17.80 g/t Gold over 3.0 m from 112.0 m | Very High Grade | Thick | Moderate Depth |
| 2026-04-02 | 4.73 g/t Gold over 13.7 m from 36.0 m | Very High Grade | Very Thick | Shallow |
| 2026-04-02 | 26.90 g/t Gold over 2.0 m from 103.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2026-04-02 | 2.38 g/t Gold over 39.1 m from 0.0 m | High Grade | Very Thick | Very Shallow |
| 2026-04-02 | 15.65 g/t Gold over 3.3 m from 19.2 m | Very High Grade | Thick | Shallow |
| 2026-04-02 | 1.33 g/t Gold over 1.0 m from 23.7 m | High Grade | Thin | Shallow |
| 2026-04-02 | 1.03 g/t Gold over 11.0 m from 213.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-04-02 | 13.70 g/t Gold over 1.0 m from 70.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-04-02 | 10.71 g/t Gold over 3.0 m from 24.1 m | Very High Grade | Thick | Shallow |
| 2026-04-02 | 0.79 g/t Gold over 2.0 m from 46.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2026-04-02 | 2.90 g/t Gold over 15.6 m from 21.1 m | High Grade | Very Thick | Shallow |
| 2026-04-02 | 2.50 g/t Gold over 8.0 m from 65.0 m | High Grade | Very 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.