Godan 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
Godan is located in Spain, Europe. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, very high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average very high grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-01-16 | 0.76 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2024-01-16 | 9.41 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-01-16 | 5.91 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-01-16 | 1.09 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2024-01-16 | 1.16 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2022-07-18 | 13.20 g/t Gold over 0.8 m from 88.6 m | Very High Grade | Thin | Moderate Depth |
| 2022-07-18 | 1.03 g/t Gold over 3.5 m from 233.1 m | Moderate Grade | Thick | Moderate Depth |
| 2022-07-18 | 3.79 g/t Gold over 0.6 m from 218.1 m | High Grade | Thin | Moderate Depth |
| 2022-07-18 | 22.16 g/t Gold over 6.0 m from 271.4 m | Very High Grade | Thick | Deep |
| 2022-07-18 | 27.43 g/t Gold over 1.6 m from 342.6 m | Very High Grade | Moderate Thickness | Deep |
| 2022-07-18 | 0.74 g/t Gold over 1.0 m from 142.5 m | Moderate Grade | Thin | Moderate Depth |
| 2022-07-18 | 0.69 g/t Gold over 1.1 m from 206.2 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2022-07-18 | 0.67 g/t Gold over 1.0 m from 260.0 m | Moderate Grade | Thin | Deep |
| 2022-07-18 | 0.90 g/t Gold over 2.4 m from 299.0 m | Moderate Grade | Thick | Deep |
| 2022-07-18 | 4.10 g/t Gold over 1.9 m from 329.8 m | High Grade | Moderate Thickness | 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.