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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 deep. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold) Grade Length Depth
2026-06-11 2.25 g/t Gold over 2.0 m from 155.0 m High Grade Moderate Thickness Moderate Depth
2026-06-11 1.52 g/t Gold over 6.0 m from 183.0 m High Grade Thick Moderate Depth
2026-06-11 1.26 g/t Gold over 3.0 m from 60.0 m High Grade Thick Moderate Depth
2026-06-11 0.73 g/t Gold over 4.0 m from 102.0 m Moderate Grade Thick Moderate Depth
2026-06-11 0.92 g/t Gold over 2.0 m from 180.0 m Moderate Grade Moderate Thickness Moderate Depth
2026-06-11 1.05 g/t Gold over 1.0 m from 166.0 m Moderate Grade Thin Moderate Depth
2026-06-11 1.12 g/t Gold over 9.0 m from 212.0 m Moderate Grade Very Thick Moderate Depth
2026-06-11 1.26 g/t Gold over 11.0 m from 244.0 m High Grade Very Thick Deep
2026-06-11 1.58 g/t Gold over 4.0 m from 268.0 m High Grade Thick Deep
2026-06-11 1.59 g/t Gold over 2.0 m from 20.0 m High Grade Moderate Thickness Shallow
2026-06-11 1.13 g/t Gold over 3.0 m from 45.0 m Moderate Grade Thick Shallow
2026-06-11 1.44 g/t Gold over 33.0 m from 135.0 m High Grade Very Thick Moderate Depth
2026-06-11 3.20 g/t Gold over 1.0 m from 14.0 m High Grade Thin Very Shallow
2026-06-11 1.82 g/t Gold over 1.0 m from 196.0 m High Grade Thin Moderate Depth
2026-06-11 1.28 g/t Gold over 5.0 m from 187.0 m High Grade 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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