Reefton Goldfield 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
Reefton Goldfield is located in New Zealand, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is distal to other gold properties. Physical setting (high elevation, very high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average very high grade, short, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-01-13 | 1,911.00 g/t Gold over 1.0 m from 47.0 m | Very High Grade | Thin | Shallow |
| 2025-01-13 | 92.00 g/t Gold over 21.9 m from 31.0 m | Very High Grade | Very Thick | Shallow |
| 2024-11-04 | 34.10 g/t Gold over 0.2 m from 388.6 m | Very High Grade | Very Thin | Deep |
| 2024-10-15 | 24.00 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-10-15 | 3.86 g/t Gold over 1.0 m from 31.0 m | High Grade | Thin | Shallow |
| 2024-04-19 | 6.52 g/t Gold over 5.0 m from 133.0 m | Very High Grade | Thick | Moderate Depth |
| 2024-04-19 | 4.92 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-04-19 | 3.61 g/t Gold over 2.0 m from 60.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2024-04-19 | 8.44 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-04-19 | 5.13 g/t Gold over 2.0 m from 71.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2024-04-19 | 3.53 g/t Gold over 2.0 m from 33.0 m | High Grade | Moderate Thickness | Shallow |
| 2024-04-19 | 8.20 g/t Gold over 2.0 m from 54.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2024-04-19 | 4.75 g/t Gold over 2.5 m from 132.5 m | Very High Grade | Thick | Moderate Depth |
| 2024-04-19 | 2.75 g/t Gold over 3.0 m from 43.0 m | High Grade | Thick | Shallow |
| 2024-04-19 | 2.77 g/t Gold over 2.0 m from 41.0 m | High Grade | Moderate Thickness | 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.