Spectrum 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
Spectrum is located in Australia, Oceania. The surrounding region has historically demonstrated a moderate potential for gold endowment and is somewhat distal to other gold properties. Physical setting (low elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian 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 Equivalent) average very low grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-05-29 | 0.88 g/t Gold Equivalent over 5.2 m from 225.0 m | Moderate Grade | Thick | Moderate Depth |
| 2024-05-29 | 0.38 g/t Gold Equivalent over 6.4 m from 276.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.01 g/t Gold Equivalent over 17.0 m from 276.0 m | Low Grade | Very Thick | Deep |
| 2024-05-29 | 0.85 g/t Gold Equivalent over 11.0 m from 286.0 m | Moderate Grade | Very Thick | Deep |
| 2024-05-29 | 0.61 g/t Gold Equivalent over 4.2 m from 330.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.01 g/t Gold Equivalent over 9.8 m from 330.0 m | Very Low Grade | Very Thick | Deep |
| 2024-05-29 | 0.07 g/t Gold Equivalent over 20.0 m from 102.0 m | Low Grade | Very Thick | Moderate Depth |
| 2024-05-29 | 1.57 g/t Gold Equivalent over 1.6 m from 324.0 m | High Grade | Moderate Thickness | Deep |
| 2024-05-29 | 0.56 g/t Gold Equivalent over 5.3 m from 249.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.01 g/t Gold Equivalent over 19.6 m from 251.0 m | Very Low Grade | Very Thick | Deep |
| 2024-05-29 | 0.22 g/t Gold Equivalent over 3.2 m from 261.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.21 g/t Gold Equivalent over 5.9 m from 304.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.08 g/t Gold Equivalent over 4.3 m from 275.0 m | Low Grade | Thick | Deep |
| 2024-05-29 | 0.90 g/t Gold Equivalent over 4.5 m from 367.0 m | Moderate Grade | Thick | Deep |
| 2024-05-29 | 0.19 g/t Gold Equivalent over 17.0 m from 254.0 m | Low Grade | Very Thick | Deep |
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.