Lati 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
Lati is located in Burkina Faso, Africa. The surrounding region has historically demonstrated a high 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 Acid plutonic rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-04-18 | 0.49 g/t Gold over 2.0 m from 96.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2012-04-18 | 0.22 g/t Gold over 12.0 m from 96.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-04-18 | 0.45 g/t Gold over 3.0 m from 98.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-18 | 1.06 g/t Gold over 1.0 m from 118.0 m | Moderate Grade | Thin | Moderate Depth |
| 2012-04-18 | 1.23 g/t Gold over 2.0 m from 128.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-04-18 | 0.32 g/t Gold over 4.0 m from 80.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-18 | 0.75 g/t Gold over 3.0 m from 18.0 m | Moderate Grade | Thick | Shallow |
| 2012-04-18 | 0.34 g/t Gold over 5.0 m from 9.0 m | Moderate Grade | Thick | Very Shallow |
| 2012-04-18 | 0.59 g/t Gold over 8.0 m from 26.0 m | Moderate Grade | Very Thick | Shallow |
| 2012-04-18 | 0.20 g/t Gold over 5.0 m from 133.0 m | Low Grade | Thick | Moderate Depth |
| 2012-04-18 | 1.75 g/t Gold over 1.0 m from 46.0 m | High Grade | Thin | Shallow |
| 2012-04-18 | 1.01 g/t Gold over 1.0 m from 87.0 m | Moderate Grade | Thin | Moderate Depth |
| 2012-04-18 | 0.85 g/t Gold over 4.0 m from 116.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-18 | 0.42 g/t Gold over 50.0 m from 15.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2012-04-18 | 0.23 g/t Gold over 11.0 m from 133.0 m | Moderate 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.