Barimaia 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
Barimaia is located in Australia, Oceania. 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, very low 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 high grade, moderate length, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-10 | 23.66 g/t Gold over 2.0 m from 79.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 0.06 g/t Gold over 1.0 m from 16.0 m | Low Grade | Thin | Very Shallow |
| 2026-02-10 | 0.07 g/t Gold over 10.0 m from 20.0 m | Low Grade | Very Thick | Shallow |
| 2026-02-10 | 1.98 g/t Gold over 10.0 m from 30.0 m | High Grade | Very Thick | Shallow |
| 2026-02-10 | 0.65 g/t Gold over 1.0 m from 29.0 m | Moderate Grade | Thin | Shallow |
| 2026-02-10 | 1.27 g/t Gold over 12.0 m from 36.0 m | High Grade | Very Thick | Shallow |
| 2026-02-10 | 0.58 g/t Gold over 1.0 m from 55.0 m | Moderate Grade | Thin | Moderate Depth |
| 2026-02-10 | 0.58 g/t Gold over 1.0 m from 75.0 m | Moderate Grade | Thin | Moderate Depth |
| 2026-02-10 | 1.44 g/t Gold over 4.0 m from 40.0 m | High Grade | Thick | Shallow |
| 2026-02-10 | 2.29 g/t Gold over 19.0 m from 53.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 0.53 g/t Gold over 1.0 m from 76.0 m | Moderate Grade | Thin | Moderate Depth |
| 2026-02-10 | 1.11 g/t Gold over 2.0 m from 26.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2026-02-10 | 0.50 g/t Gold over 4.0 m from 18.0 m | Moderate Grade | Thick | Shallow |
| 2026-02-10 | 0.57 g/t Gold over 28.0 m from 65.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 3.62 g/t Gold over 2.0 m from 42.0 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.