Enmore 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
Enmore is located in Australia, Oceania. The surrounding region has historically demonstrated a high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, very high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, under very thin lithosphere with thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-10-20 | 1.11 g/t Gold over 33.2 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-10-20 | 4.54 g/t Gold over 9.9 m from 54.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 1.28 g/t Gold over 41.0 m from 63.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 0.81 g/t Gold over 60.0 m from 64.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 4.61 g/t Gold over 6.0 m from 65.0 m | Very High Grade | Thick | Moderate Depth |
| 2025-10-20 | 4.00 g/t Gold over 1.0 m from 70.0 m | High Grade | Thin | Moderate Depth |
| 2025-10-20 | 7.10 g/t Gold over 13.0 m from 85.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 2.83 g/t Gold over 16.3 m from 90.7 m | High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 5.70 g/t Gold over 4.8 m from 90.7 m | Very High Grade | Thick | Moderate Depth |
| 2025-10-20 | 20.63 g/t Gold over 4.0 m from 92.0 m | Very High Grade | Thick | Moderate Depth |
| 2025-10-20 | 3.21 g/t Gold over 8.0 m from 104.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 1.29 g/t Gold over 3.0 m from 106.7 m | High Grade | Thick | Moderate Depth |
| 2025-10-20 | 1.64 g/t Gold over 10.0 m from 130.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-10-20 | 2.27 g/t Gold over 5.8 m from 140.8 m | High Grade | Thick | Moderate Depth |
| 2025-10-20 | 9.30 g/t Gold over 1.0 m from 145.6 m | Very High 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.