Diba - Lakanfla 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
Diba - Lakanfla is located in Mali, Africa. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under moderately thick lithosphere with moderately thick 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, moderate length, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-03-17 | 0.84 g/t Gold over 1.0 m from 140.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-03-17 | 1.03 g/t Gold over 5.0 m from 80.0 m | Moderate Grade | Thick | Moderate Depth |
| 2022-03-17 | 0.79 g/t Gold over 9.0 m from 17.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-03-17 | 0.59 g/t Gold over 1.0 m from 33.0 m | Moderate Grade | Thin | Shallow |
| 2022-03-17 | 0.60 g/t Gold over 2.0 m from 39.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2022-03-17 | 0.84 g/t Gold over 1.0 m from 48.0 m | Moderate Grade | Thin | Shallow |
| 2022-03-17 | 1.20 g/t Gold over 1.0 m from 73.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-03-17 | 0.66 g/t Gold over 1.0 m from 77.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-03-17 | 6.65 g/t Gold over 1.0 m from 90.0 m | Very High Grade | Thin | Moderate Depth |
| 2022-03-17 | 0.90 g/t Gold over 6.0 m from 111.0 m | Moderate Grade | Thick | Moderate Depth |
| 2022-03-17 | 1.64 g/t Gold over 2.0 m from 112.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-03-17 | 4.59 g/t Gold over 1.0 m from 45.0 m | Very High Grade | Thin | Shallow |
| 2022-03-17 | 0.73 g/t Gold over 2.0 m from 61.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2022-03-17 | 2.30 g/t Gold over 9.0 m from 67.0 m | High Grade | Very Thick | Moderate Depth |
| 2022-03-17 | 8.53 g/t Gold over 2.0 m from 73.0 m | Very High Grade | Moderate Thickness | 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.