Obuasi-Dankran 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
Obuasi-Dankran is located in Ghana, Africa. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (low elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under very thin 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 high grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-09-06 | 8.43 g/t Gold over 1.0 m from 138.0 m | Very High Grade | Thin | Moderate Depth |
| 2023-09-06 | 1.66 g/t Gold over 7.0 m from 137.0 m | High Grade | Very Thick | Moderate Depth |
| 2023-09-06 | 1.32 g/t Gold over 6.0 m from 90.0 m | High Grade | Thick | Moderate Depth |
| 2023-09-06 | 0.71 g/t Gold over 29.0 m from 90.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-09-06 | 0.71 g/t Gold over 2.0 m from 35.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2023-09-06 | 4.01 g/t Gold over 4.0 m from 11.0 m | High Grade | Thick | Very Shallow |
| 2023-09-06 | 1.88 g/t Gold over 13.0 m from 2.0 m | High Grade | Very Thick | Very Shallow |
| 2023-09-06 | 6.85 g/t Gold over 3.0 m from 216.0 m | Very High Grade | Thick | Moderate Depth |
| 2023-09-06 | 3.19 g/t Gold over 12.0 m from 211.0 m | High Grade | Very Thick | Moderate Depth |
| 2023-09-06 | 5.65 g/t Gold over 7.0 m from 112.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2023-09-06 | 3.81 g/t Gold over 15.0 m from 110.0 m | High Grade | Very Thick | Moderate Depth |
| 2021-10-13 | 4.49 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2021-10-13 | 4.30 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2021-10-13 | 14.17 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2021-10-13 | 39.20 g/t Gold 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.