Tanami Officer Hill 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
Tanami Officer Hill is located in Australia, Oceania. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian 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 high grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2019-12-05 | 1.44 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
2019-12-05 | 1.02 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
2019-12-05 | 2.75 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
2019-01-24 | 8.31 g/t Gold over 1.0 m from 134.0 m | Very High Grade | Thin | Moderate Depth |
2019-01-24 | 2.61 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
2019-01-24 | 0.44 g/t Gold over 1.0 m from 83.0 m | Moderate Grade | Thin | Moderate Depth |
2019-01-24 | 0.48 g/t Gold over 7.0 m from 528.0 m | Moderate Grade | Very Thick | Very Deep |
2019-01-24 | 0.57 g/t Gold over 1.0 m from 669.0 m | Moderate Grade | Thin | Very Deep |
2019-01-24 | 1.25 g/t Gold over 1.0 m from 134.0 m | High Grade | Thin | Moderate Depth |
2019-01-24 | 0.81 g/t Gold over 1.0 m from 501.0 m | Moderate Grade | Thin | Very Deep |
2019-01-11 | 2.49 g/t Gold over 4.0 m from 134.0 m | High Grade | Thick | Moderate Depth |
2019-01-11 | 12.60 g/t Gold over 0.5 m from 136.0 m | Very High Grade | Very Thin | Moderate Depth |
2019-01-11 | 19.69 g/t Gold over 1.0 m from 375.0 m | Very High Grade | Thin | Deep |
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.