Kwabeng 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
Kwabeng is located in Ghana, 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, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under thick lithosphere with moderately thick sedimentary cover in a Paleozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average high grade, moderate length, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2018-01-25 | 2.04 g/t Gold over 18.5 m from 4.5 m | High Grade | Very Thick | Very Shallow |
| 2018-01-25 | 5.22 g/t Gold over 5.0 m from 9.5 m | Very High Grade | Thick | Very Shallow |
| 2018-01-25 | 3.16 g/t Gold over 10.5 m from 9.5 m | High Grade | Very Thick | Very Shallow |
| 2018-01-25 | 7.79 g/t Gold over 0.8 m from 10.8 m | Very High Grade | Thin | Very Shallow |
| 2018-01-25 | 8.11 g/t Gold over 1.2 m from 12.5 m | Very High Grade | Moderate Thickness | Very Shallow |
| 2018-01-25 | 0.74 g/t Gold over 4.5 m from 4.2 m | Moderate Grade | Thick | Very Shallow |
| 2018-01-25 | 1.38 g/t Gold over 1.6 m from 7.0 m | High Grade | Moderate Thickness | Very Shallow |
| 2018-01-25 | 0.18 g/t Gold over 6.1 m from 6.9 m | Low Grade | Thick | Very Shallow |
| 2018-01-25 | 1.20 g/t Gold over 6.5 m from 46.0 m | Moderate Grade | Thick | Shallow |
| 2018-01-25 | 3.60 g/t Gold over 1.0 m from 48.0 m | High Grade | Thin | Shallow |
| 2018-01-25 | 1.59 g/t Gold over 5.4 m from 28.5 m | High Grade | Thick | Shallow |
| 2018-01-25 | 2.48 g/t Gold over 2.2 m from 29.3 m | 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.