Tembo 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
Tembo is located in Tanzania, Africa. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (high elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under very thin lithosphere with moderately thick 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, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2023-03-23 | 2.19 g/t Gold over 1.0 m from 244.0 m | High Grade | Thin | Deep |
2023-03-23 | 1.02 g/t Gold over 0.3 m from 230.3 m | Moderate Grade | Very Thin | Moderate Depth |
2023-03-23 | 1.06 g/t Gold over 0.6 m from 230.0 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 0.99 g/t Gold over 0.9 m from 186.9 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 1.21 g/t Gold over 1.0 m from 185.9 m | High Grade | Thin | Moderate Depth |
2023-03-23 | 1.11 g/t Gold over 1.9 m from 185.9 m | Moderate Grade | Moderate Thickness | Moderate Depth |
2023-03-23 | 1.02 g/t Gold over 0.6 m from 158.6 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 1.16 g/t Gold over 0.3 m from 158.3 m | Moderate Grade | Very Thin | Moderate Depth |
2023-03-23 | 1.07 g/t Gold over 0.9 m from 158.3 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 1.32 g/t Gold over 0.3 m from 119.7 m | High Grade | Very Thin | Moderate Depth |
2023-03-23 | 2.69 g/t Gold over 1.0 m from 88.1 m | High Grade | Thin | Moderate Depth |
2023-03-23 | 0.34 g/t Gold over 0.8 m from 87.3 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 0.97 g/t Gold over 0.9 m from 86.4 m | Moderate Grade | Thin | Moderate Depth |
2023-03-23 | 1.42 g/t Gold over 2.7 m from 86.4 m | High Grade | Thick | Moderate Depth |
2023-03-23 | 1.01 g/t Gold over 0.4 m from 67.7 m | Moderate Grade | Very 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.