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Smokebush Property

Terrain Minerals (TMX.AX)
100% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$9.7M
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

Smokebush 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 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.

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

Drill Intercepts

Reported results (Gold Equivalent) average high grade, short, and deep. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold Equivalent) Grade Length Depth
2026-04-15 2.16 g/t Gold Equivalent over 1.0 m from 21.0 m High Grade Thin Shallow
2026-04-15 1.00 g/t Gold Equivalent over 1.0 m from 47.0 m Moderate Grade Thin Shallow
2026-04-15 1.58 g/t Gold Equivalent over 2.0 m from 58.0 m High Grade Moderate Thickness Moderate Depth
2026-04-15 13.74 g/t Gold Equivalent over 38.0 m from 76.0 m Very High Grade Very Thick Moderate Depth
2026-04-15 20.12 g/t Gold Equivalent over 5.0 m from 76.0 m Very High Grade Thick Moderate Depth
2026-04-15 4.02 g/t Gold Equivalent over 1.0 m from 85.0 m High Grade Thin Moderate Depth
2026-04-15 43.60 g/t Gold Equivalent over 1.0 m from 220.0 m Very High Grade Thin Moderate Depth
2026-04-15 1.98 g/t Gold Equivalent over 2.0 m from 234.0 m High Grade Moderate Thickness Moderate Depth
2026-04-15 1.40 g/t Gold Equivalent over 4.0 m from 260.0 m High Grade Thick Deep
2026-04-15 8.42 g/t Gold Equivalent over 1.0 m from 144.0 m Very High Grade Thin Moderate Depth
2026-04-15 1.22 g/t Gold Equivalent over 1.0 m from 14.0 m High Grade Thin Very Shallow
2026-04-15 1.14 g/t Gold Equivalent over 1.0 m from 16.0 m Moderate Grade Thin Very Shallow
2026-04-15 3.86 g/t Gold Equivalent over 1.0 m from 198.0 m High Grade Thin Moderate Depth
2026-04-15 1.82 g/t Gold Equivalent over 1.0 m from 228.0 m High Grade Thin Moderate Depth
2026-04-15 3.12 g/t Gold Equivalent over 1.0 m from 235.0 m High Grade Thin 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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