Goodrich 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
Goodrich is located in Australia, Oceania. The surrounding region has historically demonstrated a very 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 Mixed sedimentary rocks, under moderately thick lithosphere with thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average very low grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-10-10 | 0.03 g/t Gold Equivalent over 1.0 m from 258.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.02 g/t Gold Equivalent over 1.0 m from 245.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.01 g/t Gold Equivalent over 1.0 m from 246.0 m | Very Low Grade | Thin | Deep |
| 2023-10-10 | 0.01 g/t Gold Equivalent over 1.0 m from 247.0 m | Very Low Grade | Thin | Deep |
| 2023-10-10 | 0.01 g/t Gold Equivalent over 1.0 m from 248.0 m | Very Low Grade | Thin | Deep |
| 2023-10-10 | 0.03 g/t Gold Equivalent over 1.0 m from 249.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.06 g/t Gold Equivalent over 1.0 m from 250.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.04 g/t Gold Equivalent over 1.0 m from 251.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.02 g/t Gold Equivalent over 1.0 m from 252.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.01 g/t Gold Equivalent over 1.0 m from 253.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.01 g/t Gold Equivalent over 1.0 m from 254.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.03 g/t Gold Equivalent over 1.0 m from 255.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.04 g/t Gold Equivalent over 1.0 m from 256.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.03 g/t Gold Equivalent over 1.0 m from 257.0 m | Low Grade | Thin | Deep |
| 2023-10-10 | 0.02 g/t Gold Equivalent over 1.0 m from 259.0 m | Low Grade | Thin | Deep |
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.