Kandiole 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
Kandiole is located in Mali, Africa. 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, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average moderate grade, moderate length, and very shallow. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2021-06-01 | 0.45 g/t Gold over 12.0 m from 45.0 m | Moderate Grade | Very Thick | Shallow |
2021-06-01 | 4.24 g/t Gold over 3.0 m from 75.0 m | High Grade | Thick | Moderate Depth |
2021-06-01 | 1.29 g/t Gold over 6.0 m from 30.0 m | High Grade | Thick | Shallow |
2021-06-01 | 1.81 g/t Gold over 3.0 m from 0.0 m | High Grade | Thick | Very Shallow |
2021-06-01 | 1.00 g/t Gold over 3.0 m from 18.0 m | Moderate Grade | Thick | Shallow |
2021-06-01 | 1.38 g/t Gold over 6.0 m from 75.0 m | High Grade | Thick | Moderate Depth |
2021-06-01 | 0.31 g/t Gold over 9.0 m from 57.0 m | Moderate Grade | Very Thick | Moderate Depth |
2021-06-01 | 0.78 g/t Gold over 3.0 m from 6.0 m | Moderate Grade | Thick | Very Shallow |
2021-06-01 | 1.24 g/t Gold over 3.0 m from 21.0 m | High Grade | Thick | Shallow |
2021-06-01 | 1.08 g/t Gold over 3.0 m from 6.0 m | Moderate Grade | Thick | Very Shallow |
2021-06-01 | 3.92 g/t Gold over 3.0 m from 30.0 m | High Grade | Thick | Shallow |
2021-06-01 | 0.90 g/t Gold over 3.0 m from 12.0 m | Moderate Grade | Thick | Very Shallow |
2021-06-01 | 0.40 g/t Gold over 3.0 m from 15.0 m | Moderate Grade | Thick | Very Shallow |
2021-06-01 | 4.81 g/t Gold over 3.0 m from 42.0 m | Very High Grade | Thick | 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.