Cracker Box 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
Cracker Box 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 Acid plutonic rocks, under thin lithosphere with very thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average moderate grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2021-08-18 | 0.08 g/t Gold Equivalent over 1.0 m from 154.0 m | Low Grade | Thin | Moderate Depth |
| 2021-08-18 | 0.10 g/t Gold Equivalent over 1.0 m from 185.0 m | Low Grade | Thin | Moderate Depth |
| 2021-08-18 | 0.02 g/t Gold Equivalent over 0.8 m from 201.2 m | Low Grade | Thin | Moderate Depth |
| 2021-08-18 | 0.06 g/t Gold Equivalent over 3.0 m from 300.0 m | Low Grade | Thick | Deep |
| 2021-04-12 | 4.80 g/t Gold Equivalent over 1.0 m from 107.0 m | Very High Grade | Thin | Moderate Depth |
| 2021-04-12 | 7.10 g/t Gold Equivalent over 1.0 m from 110.0 m | Very High Grade | Thin | Moderate Depth |
| 2021-04-12 | 1.52 g/t Gold Equivalent over 14.0 m from 64.0 m | High Grade | Very Thick | Moderate Depth |
| 2021-04-12 | 3.80 g/t Gold Equivalent over 4.0 m from 67.0 m | High Grade | Thick | Moderate Depth |
| 2021-04-12 | 2.53 g/t Gold Equivalent over 13.0 m from 9.0 m | High Grade | Very Thick | Very Shallow |
| 2021-04-12 | 6.60 g/t Gold Equivalent over 6.0 m from 13.0 m | Very High Grade | Thick | Very Shallow |
| 2021-04-12 | 12.70 g/t Gold Equivalent over 1.0 m from 37.0 m | Very High Grade | Thin | Shallow |
| 2021-04-12 | 3.30 g/t Gold Equivalent over 7.0 m from 34.0 m | High Grade | Very Thick | Shallow |
| 2021-04-12 | 1.70 g/t Gold Equivalent over 8.0 m from 107.0 m | High Grade | Very Thick | Moderate Depth |
| 2021-01-13 | 0.87 g/t Gold Equivalent over 4.0 m from 12.0 m | Moderate Grade | Thick | Very Shallow |
| 2021-01-13 | 0.46 g/t Gold Equivalent over 8.0 m from 32.0 m | Moderate Grade | Very Thick | Shallow |
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.