Kouroufing 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
Kouroufing is located in Mali, Africa. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under moderately thick lithosphere with moderately thick 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, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2019-05-27 | 1.04 g/t Gold over 1.0 m from 91.0 m | Moderate Grade | Thin | Moderate Depth |
| 2019-05-27 | 0.91 g/t Gold over 14.0 m from 36.0 m | Moderate Grade | Very Thick | Shallow |
| 2019-05-27 | 0.68 g/t Gold over 2.0 m from 54.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2019-05-27 | 2.52 g/t Gold over 2.0 m from 26.0 m | High Grade | Moderate Thickness | Shallow |
| 2019-05-27 | 0.99 g/t Gold over 2.0 m from 58.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2019-05-27 | 0.90 g/t Gold over 22.0 m from 26.0 m | Moderate Grade | Very Thick | Shallow |
| 2019-05-27 | 2.22 g/t Gold over 4.0 m from 26.0 m | High Grade | Thick | Shallow |
| 2019-05-27 | 0.62 g/t Gold over 10.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2019-05-27 | 2.82 g/t Gold over 4.0 m from 56.0 m | High Grade | Thick | Moderate Depth |
| 2019-05-27 | 0.94 g/t Gold over 4.0 m from 34.0 m | Moderate Grade | Thick | Shallow |
| 2019-05-27 | 8.50 g/t Gold over 2.0 m from 18.0 m | Very High Grade | Moderate Thickness | Shallow |
| 2019-05-27 | 1.07 g/t Gold over 4.0 m from 14.0 m | Moderate Grade | Thick | Very Shallow |
| 2019-05-27 | 1.35 g/t Gold over 2.0 m from 38.0 m | High Grade | Moderate Thickness | Shallow |
| 2019-05-27 | 1.64 g/t Gold over 2.0 m from 46.0 m | High Grade | Moderate Thickness | Shallow |
| 2019-05-27 | 2.47 g/t Gold over 2.0 m from 18.0 m | High Grade | Moderate Thickness | 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.