Lauriston 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
Lauriston 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, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under moderately thick lithosphere with thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average very high grade, very short, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-06-21 | 0.71 g/t Gold over 5.1 m from 119.0 m | Moderate Grade | Thick | Moderate Depth |
| 2024-06-21 | 0.98 g/t Gold over 2.5 m from 131.0 m | Moderate Grade | Thick | Moderate Depth |
| 2024-06-21 | 0.92 g/t Gold over 5.5 m from 99.8 m | Moderate Grade | Thick | Moderate Depth |
| 2024-06-21 | 2.18 g/t Gold over 2.7 m from 107.8 m | High Grade | Thick | Moderate Depth |
| 2024-06-21 | 0.35 g/t Gold over 2.3 m from 114.6 m | Moderate Grade | Thick | Moderate Depth |
| 2024-06-21 | 0.67 g/t Gold over 0.3 m from 141.7 m | Moderate Grade | Very Thin | Moderate Depth |
| 2024-06-21 | 0.33 g/t Gold over 0.3 m from 151.3 m | Moderate Grade | Very Thin | Moderate Depth |
| 2024-06-21 | 6.26 g/t Gold over 0.6 m from 168.8 m | Very High Grade | Thin | Moderate Depth |
| 2024-06-21 | 10.62 g/t Gold over 1.0 m from 117.5 m | Very High Grade | Thin | Moderate Depth |
| 2024-06-21 | 55.60 g/t Gold over 0.4 m from 130.4 m | Very High Grade | Very Thin | Moderate Depth |
| 2024-06-21 | 22.63 g/t Gold over 0.2 m from 133.8 m | Very High Grade | Very Thin | Moderate Depth |
| 2024-06-21 | 15.67 g/t Gold over 0.2 m from 170.8 m | Very High Grade | Very Thin | Moderate Depth |
| 2024-06-21 | 22.30 g/t Gold over 4.0 m from 101.9 m | Very High Grade | Thick | Moderate Depth |
| 2024-06-21 | 358.00 g/t Gold over 1.0 m from 95.0 m | Very High Grade | Thin | Moderate Depth |
| 2024-06-21 | 106.00 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.