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Miriam Property

Future Battery Minerals (FBM.AX)
100% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$NoneM
All dollar amounts in USD

Executive Summary

Locked

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

Miriam 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, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with very thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.

Miriam location map
Gold heat map of the world. Warm colors indicate high gold endowment. Try the interactive version here.

Drill Intercepts

Reported results (Gold) average low grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold) Grade Length Depth
2026-01-20 2.25 g/t Gold over 18.0 m from 66.0 m High Grade Very Thick Moderate Depth
2026-01-20 0.91 g/t Gold over 5.0 m from 80.0 m Moderate Grade Thick Moderate Depth
2026-01-20 0.64 g/t Gold over 1.0 m from 137.0 m Moderate Grade Thin Moderate Depth
2026-01-20 1.05 g/t Gold over 5.0 m from 124.0 m Moderate Grade Thick Moderate Depth
2026-01-20 1.01 g/t Gold over 1.0 m from 121.0 m Moderate Grade Thin Moderate Depth
2026-01-20 1.39 g/t Gold over 1.0 m from 130.0 m High Grade Thin Moderate Depth
2026-01-20 0.44 g/t Gold over 10.0 m from 106.0 m Moderate Grade Very Thick Moderate Depth
2026-01-20 0.77 g/t Gold over 16.0 m from 80.0 m Moderate Grade Very Thick Moderate Depth
2026-01-20 0.47 g/t Gold over 8.0 m from 145.0 m Moderate Grade Very Thick Moderate Depth
2026-01-20 0.81 g/t Gold over 8.0 m from 133.0 m Moderate Grade Very Thick Moderate Depth
2026-01-20 0.74 g/t Gold over 1.0 m from 52.0 m Moderate Grade Thin Moderate Depth
2026-01-20 1.02 g/t Gold over 4.0 m from 152.0 m Moderate Grade Thick Moderate Depth
2026-01-20 0.50 g/t Gold over 2.0 m from 46.0 m Moderate Grade Moderate Thickness Shallow
2026-01-20 1.52 g/t Gold over 4.0 m from 125.0 m High Grade Thick Moderate Depth
2026-01-20 0.85 g/t Gold over 16.0 m from 125.0 m Moderate Grade Very Thick Moderate Depth
Rankings are relative to a large global database of gold intercepts.

Resource Potential

Locked

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

Locked

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

Locked

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.
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