Boussoura 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
Boussoura is located in Burkina Faso, Africa. The surrounding region has historically demonstrated a moderate 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 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 very high grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2021-04-21 | 0.50 g/t Gold over 20.0 m from 37.0 m | Moderate Grade | Very Thick | Shallow |
| 2021-04-21 | 0.90 g/t Gold over 12.0 m from 61.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-04-21 | 1.33 g/t Gold over 5.0 m from 24.0 m | High Grade | Thick | Shallow |
| 2021-04-21 | 65.60 g/t Gold over 1.0 m from 65.6 m | Very High Grade | Thin | Moderate Depth |
| 2021-04-21 | 11.30 g/t Gold over 6.0 m from 90.0 m | Very High Grade | Thick | Moderate Depth |
| 2021-04-21 | 4.80 g/t Gold over 2.0 m from 78.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2021-04-21 | 9.00 g/t Gold over 2.5 m from 34.7 m | Very High Grade | Thick | Shallow |
| 2021-04-21 | 1.00 g/t Gold over 11.0 m from 182.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-04-21 | 11.70 g/t Gold over 2.0 m from 37.0 m | Very High Grade | Moderate Thickness | Shallow |
| 2021-04-21 | 20.90 g/t Gold over 1.0 m from 38.0 m | Very High Grade | Thin | Shallow |
| 2021-04-21 | 0.80 g/t Gold over 27.0 m from 52.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-04-21 | 0.50 g/t Gold over 29.0 m from 88.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-04-21 | 98.60 g/t Gold over 1.0 m from 6.0 m | Very High Grade | Thin | Very Shallow |
| 2021-04-21 | 33.60 g/t Gold over 3.0 m from 6.0 m | Very High Grade | Thick | Very Shallow |
| 2021-04-21 | 6.20 g/t Gold over 2.0 m from 87.0 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.