Killarney 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
Killarney 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) average moderate grade, short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-08-13 | 0.13 g/t Gold over 4.0 m from 16.0 m | Low Grade | Thick | Very Shallow |
| 2025-08-13 | 0.20 g/t Gold over 2.0 m from 27.0 m | Low Grade | Moderate Thickness | Shallow |
| 2025-08-13 | 1.88 g/t Gold over 3.0 m from 71.0 m | High Grade | Thick | Moderate Depth |
| 2025-08-13 | 0.12 g/t Gold over 1.0 m from 122.0 m | Low Grade | Thin | Moderate Depth |
| 2025-08-13 | 0.22 g/t Gold over 1.0 m from 126.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-13 | 1.10 g/t Gold over 4.0 m from 45.0 m | Moderate Grade | Thick | Shallow |
| 2025-08-13 | 2.82 g/t Gold over 1.0 m from 48.0 m | High Grade | Thin | Shallow |
| 2025-08-13 | 0.18 g/t Gold over 7.0 m from 55.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.26 g/t Gold over 1.0 m from 65.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-08-13 | 4.64 g/t Gold over 9.0 m from 54.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 39.77 g/t Gold over 1.0 m from 57.0 m | Very High Grade | Thin | Moderate Depth |
| 2025-08-13 | 0.18 g/t Gold over 1.0 m from 90.0 m | Low Grade | Thin | Moderate Depth |
| 2025-08-13 | 0.15 g/t Gold over 1.0 m from 98.0 m | Low Grade | Thin | Moderate Depth |
| 2025-08-13 | 0.24 g/t Gold over 2.0 m from 115.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-08-13 | 0.10 g/t Gold over 1.0 m from 88.0 m | Low 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.