Trundle 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
Trundle is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, under moderately thick lithosphere with very thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average moderate grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-05-10 | 0.82 g/t Gold Equivalent over 2.0 m from 354.0 m | Moderate Grade | Moderate Thickness | Deep |
| 2023-05-10 | 0.22 g/t Gold Equivalent over 20.0 m from 326.0 m | Moderate Grade | Very Thick | Deep |
| 2023-05-10 | 0.56 g/t Gold Equivalent over 3.0 m from 243.0 m | Moderate Grade | Thick | Deep |
| 2023-05-10 | 0.25 g/t Gold Equivalent over 135.5 m from 220.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-05-10 | 0.29 g/t Gold Equivalent over 18.0 m from 402.0 m | Moderate Grade | Very Thick | Deep |
| 2023-05-10 | 0.23 g/t Gold Equivalent over 31.0 m from 393.0 m | Moderate Grade | Very Thick | Deep |
| 2023-05-10 | 3.68 g/t Gold Equivalent over 0.9 m from 131.0 m | High Grade | Thin | Moderate Depth |
| 2023-05-10 | 1.44 g/t Gold Equivalent over 3.0 m from 129.0 m | High Grade | Thick | Moderate Depth |
| 2023-03-21 | 14.20 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2023-03-21 | 2.77 g/t Gold Equivalent over 2.8 m from 77.5 m | High Grade | Thick | Moderate Depth |
| 2023-03-21 | 11.05 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2023-03-21 | 1.43 g/t Gold Equivalent over 8.6 m from 65.9 m | High Grade | Very Thick | Moderate Depth |
| 2023-03-21 | 0.71 g/t Gold Equivalent over 31.0 m from 65.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-03-21 | 1.18 g/t Gold Equivalent over 4.5 m from 92.4 m | Moderate Grade | Thick | Moderate Depth |
| 2022-07-18 | 16.38 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
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.