Mathinna 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
Mathinna is located in Australia, Oceania. The surrounding region has historically demonstrated a high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, moderate relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, under very thin lithosphere with thin sedimentary cover in a Paleozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average high grade, short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2019-09-13 | 5.75 g/t Gold over 3.4 m from 59.4 m | Very High Grade | Thick | Moderate Depth |
2019-09-13 | 2.20 g/t Gold over 1.0 m from 26.0 m | High Grade | Thin | Shallow |
2019-09-13 | 9.62 g/t Gold over 3.0 m from 109.0 m | Very High Grade | Thick | Moderate Depth |
2019-09-13 | 3.25 g/t Gold over 1.1 m from 133.9 m | High Grade | Moderate Thickness | Moderate Depth |
2019-09-13 | 13.15 g/t Gold over 4.0 m from 220.0 m | Very High Grade | Thick | Moderate Depth |
2019-09-13 | 10.30 g/t Gold over 1.5 m from 138.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
2019-09-13 | 2.65 g/t Gold over 3.0 m from 0.0 m | High Grade | Thick | Very Shallow |
2019-09-13 | 2.85 g/t Gold over 2.0 m from 4.0 m | High Grade | Moderate Thickness | Very Shallow |
2019-09-13 | 3.25 g/t Gold over 1.0 m from 56.0 m | High Grade | Thin | Moderate Depth |
2019-09-13 | 5.30 g/t Gold over 3.0 m from 14.0 m | Very High Grade | Thick | Very Shallow |
2019-09-13 | 3.60 g/t Gold over 1.0 m from 33.0 m | High Grade | Thin | Shallow |
2019-09-13 | 3.46 g/t Gold over 4.0 m from 0.0 m | High Grade | Thick | Very Shallow |
2019-09-13 | 4.80 g/t Gold over 1.0 m from 36.0 m | Very High Grade | Thin | Shallow |
2019-09-13 | 27.80 g/t Gold over 1.0 m from 109.0 m | Very High Grade | Thin | Moderate Depth |
2019-09-13 | 12.60 g/t Gold over 1.0 m from 91.0 m | Very High Grade | Thin | Moderate Depth |
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.