Aurora Tank 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
Aurora Tank is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (low elevation, very low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Platform 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 |
|---|---|---|---|---|
| 2026-01-29 | 15.00 g/t Gold over 1.0 m from 20.0 m | Very High Grade | Thin | Shallow |
| 2026-01-29 | 4.50 g/t Gold over 11.0 m from 21.0 m | Very High Grade | Very Thick | Shallow |
| 2026-01-29 | 10.00 g/t Gold over 33.0 m from 22.0 m | Very High Grade | Very Thick | Shallow |
| 2026-01-29 | 17.00 g/t Gold over 1.0 m from 57.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-01-29 | 2.20 g/t Gold over 10.0 m from 59.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 2.40 g/t Gold over 21.0 m from 39.0 m | High Grade | Very Thick | Shallow |
| 2026-01-29 | 2.80 g/t Gold over 24.0 m from 21.0 m | High Grade | Very Thick | Shallow |
| 2026-01-29 | 19.00 g/t Gold over 1.0 m from 41.0 m | Very High Grade | Thin | Shallow |
| 2026-01-29 | 20.00 g/t Gold over 1.0 m from 39.0 m | Very High Grade | Thin | Shallow |
| 2026-01-29 | 2.60 g/t Gold over 14.0 m from 22.0 m | High Grade | Very Thick | Shallow |
| 2026-01-29 | 16.00 g/t Gold over 1.0 m from 47.0 m | Very High Grade | Thin | Shallow |
| 2026-01-29 | 21.00 g/t Gold over 1.0 m from 77.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-01-29 | 3.20 g/t Gold over 18.0 m from 21.0 m | High Grade | Very Thick | Shallow |
| 2026-01-29 | 2.40 g/t Gold over 14.0 m from 22.0 m | High Grade | Very Thick | Shallow |
| 2026-01-29 | 17.00 g/t Gold over 1.0 m from 31.0 m | Very High Grade | Thin | 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.