Kaniago 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
Kaniago 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 (moderate elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick 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 low grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-05-28 | 4.86 g/t Gold over 3.8 m from 95.6 m | Very High Grade | Thick | Moderate Depth |
| 2012-05-28 | 1.75 g/t Gold over 7.0 m from 165.5 m | High Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 2.10 g/t Gold over 14.0 m from 174.0 m | High Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 2.97 g/t Gold over 27.0 m from 123.0 m | High Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 4.51 g/t Gold over 16.0 m from 131.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 0.85 g/t Gold over 11.0 m from 103.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 1.21 g/t Gold over 16.0 m from 10.0 m | High Grade | Very Thick | Very Shallow |
| 2012-02-06 | 1.46 g/t Gold over 10.0 m from 16.0 m | High Grade | Very Thick | Very Shallow |
| 2012-02-06 | 0.90 g/t Gold over 10.0 m from 1.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2012-02-06 | 0.59 g/t Gold over 19.0 m from 74.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 0.87 g/t Gold over 33.0 m from 117.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 1.01 g/t Gold over 7.0 m from 122.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 2.54 g/t Gold over 3.0 m from 156.0 m | High Grade | Thick | Moderate Depth |
| 2012-02-06 | 1.83 g/t Gold over 17.0 m from 171.0 m | High Grade | Very Thick | Moderate Depth |
| 2012-02-06 | 0.80 g/t Gold over 11.0 m from 51.0 m | Moderate Grade | Very Thick | 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.