Nuon River 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
Nuon River is located in Liberia, Africa. The surrounding region has historically demonstrated a moderate potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average moderate grade, very short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-11-23 | 0.62 g/t Gold over 1.5 m from 24.5 m | Moderate Grade | Moderate Thickness | Shallow |
| 2012-11-23 | 1.06 g/t Gold over 1.5 m from 14.0 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2012-11-23 | 4.25 g/t Gold over 4.0 m from 41.0 m | High Grade | Thick | Shallow |
| 2012-11-23 | 1.47 g/t Gold over 3.0 m from 92.0 m | High Grade | Thick | Moderate Depth |
| 2012-11-23 | 1.22 g/t Gold over 2.0 m from 74.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-11-23 | 1.09 g/t Gold over 4.0 m from 54.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-11-23 | 2.55 g/t Gold over 4.0 m from 47.0 m | High Grade | Thick | Shallow |
| 2012-11-23 | 4.46 g/t Gold over 2.0 m from 35.0 m | Very High Grade | Moderate Thickness | Shallow |
| 2012-11-23 | 0.50 g/t Gold over 3.0 m from 54.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-11-23 | 1.21 g/t Gold over 3.0 m from 31.5 m | High Grade | Thick | Shallow |
| 2012-11-23 | 0.50 g/t Gold over 1.0 m from 73.0 m | Moderate Grade | Thin | Moderate Depth |
| 2012-11-23 | 1.28 g/t Gold over 1.0 m from 63.0 m | High Grade | Thin | Moderate Depth |
| 2012-11-23 | 4.90 g/t Gold over 3.0 m from 55.0 m | Very High Grade | Thick | Moderate Depth |
| 2012-11-23 | 11.70 g/t Gold over 3.0 m from 12.0 m | Very High Grade | Thick | Very Shallow |
| 2012-11-23 | 2.83 g/t Gold over 1.0 m from 44.0 m | High Grade | Thin | 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.