Reo 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
Reo is located in Burkina Faso, Africa. The surrounding region has historically demonstrated a very high potential for gold endowment and is 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 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, moderate length, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-10-29 | 7.70 g/t Gold over 3.0 m from 25.0 m | Very High Grade | Thick | Shallow |
| 2013-10-29 | 7.64 g/t Gold over 1.0 m from 62.0 m | Very High Grade | Thin | Moderate Depth |
| 2013-10-29 | 2.50 g/t Gold over 1.0 m from 59.0 m | High Grade | Thin | Moderate Depth |
| 2013-10-29 | 2.23 g/t Gold over 6.0 m from 5.0 m | High Grade | Thick | Very Shallow |
| 2013-10-29 | 5.96 g/t Gold over 1.0 m from 7.0 m | Very High Grade | Thin | Very Shallow |
| 2013-10-29 | 1.00 g/t Gold over 1.0 m from 33.0 m | Moderate Grade | Thin | Shallow |
| 2013-10-29 | 1.11 g/t Gold over 4.0 m from 46.0 m | Moderate Grade | Thick | Shallow |
| 2013-10-29 | 1.54 g/t Gold over 1.0 m from 53.0 m | High Grade | Thin | Moderate Depth |
| 2013-10-29 | 3.48 g/t Gold over 3.0 m from 61.0 m | High Grade | Thick | Moderate Depth |
| 2013-10-29 | 1.50 g/t Gold over 1.0 m from 69.0 m | High Grade | Thin | Moderate Depth |
| 2013-10-29 | 1.19 g/t Gold over 2.0 m from 53.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-10-29 | 2.95 g/t Gold over 1.0 m from 76.0 m | High Grade | Thin | Moderate Depth |
| 2013-10-29 | 2.14 g/t Gold over 1.0 m from 22.0 m | High Grade | Thin | Shallow |
| 2013-10-29 | 2.16 g/t Gold over 1.0 m from 36.0 m | High Grade | Thin | Shallow |
| 2013-10-29 | 2.26 g/t Gold over 1.0 m from 104.0 m | High Grade | Thin | 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.