Two Pools 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
Two Pools is located in Australia, Oceania. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary 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 very high grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-08-06 | 2.71 g/t Gold over 13.0 m from 13.0 m | High Grade | Very Thick | Very Shallow |
| 2025-08-06 | 15.96 g/t Gold over 4.0 m from 95.0 m | Very High Grade | Thick | Moderate Depth |
| 2025-08-06 | 16.29 g/t Gold over 1.0 m from 238.0 m | Very High Grade | Thin | Moderate Depth |
| 2025-08-06 | 0.84 g/t Gold over 17.0 m from 27.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-08-06 | 4.05 g/t Gold over 1.0 m from 28.0 m | High Grade | Thin | Shallow |
| 2025-08-06 | 0.42 g/t Gold over 40.0 m from 26.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-08-06 | 4.75 g/t Gold over 1.0 m from 54.0 m | Very High Grade | Thin | Moderate Depth |
| 2025-08-06 | 3.89 g/t Gold over 18.0 m from 83.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-08-06 | 30.07 g/t Gold over 2.0 m from 95.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-08-06 | 3.85 g/t Gold over 3.0 m from 1.0 m | High Grade | Thick | Very Shallow |
| 2025-08-06 | 4.43 g/t Gold over 2.0 m from 14.0 m | High Grade | Moderate Thickness | Very Shallow |
| 2025-08-06 | 0.68 g/t Gold over 26.0 m from 1.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-08-06 | 0.58 g/t Gold over 11.0 m from 89.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-06 | 4.04 g/t Gold over 1.0 m from 95.0 m | High Grade | Thin | Moderate Depth |
| 2025-08-06 | 7.83 g/t Gold over 8.0 m from 68.0 m | Very 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.