Sela Creek 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
Sela Creek is located in Suriname, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (low elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with thin sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-06-19 | 0.46 g/t Gold over 13.1 m from 38.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-06-19 | 0.24 g/t Gold over 24.2 m from 55.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-06-19 | 0.30 g/t Gold over 50.1 m from 52.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-06-19 | 2.35 g/t Gold over 2.0 m from 204.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-06-19 | 0.36 g/t Gold over 25.5 m from 180.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-06-19 | 1.32 g/t Gold over 2.0 m from 58.7 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-06-19 | 1.49 g/t Gold over 2.1 m from 52.9 m | High Grade | Thick | Moderate Depth |
| 2025-05-28 | 0.96 g/t Gold over 1.0 m from 42.0 m | Moderate Grade | Thin | Shallow |
| 2025-05-28 | 0.53 g/t Gold over 2.8 m from 21.1 m | Moderate Grade | Thick | Shallow |
| 2025-05-28 | 1.05 g/t Gold over 1.1 m from 53.9 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-05-28 | 0.52 g/t Gold over 6.2 m from 44.5 m | Moderate Grade | Thick | Shallow |
| 2025-05-28 | 0.76 g/t Gold over 1.1 m from 28.3 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-05-28 | 0.65 g/t Gold over 1.0 m from 24.3 m | Moderate Grade | Thin | Shallow |
| 2025-05-28 | 4.72 g/t Gold over 2.0 m from 19.3 m | Very High Grade | Moderate Thickness | Shallow |
| 2025-05-28 | 1.20 g/t Gold over 5.8 m from 61.0 m | Moderate Grade | Thick | 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.