Gourma 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
Gourma 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, very low relief, dry 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 low grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2013-03-08 | 0.47 g/t Gold over 9.0 m from 36.0 m | Moderate Grade | Very Thick | Shallow |
2013-03-08 | 0.31 g/t Gold over 30.0 m from 4.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 1.20 g/t Gold over 10.0 m from 22.0 m | Moderate Grade | Very Thick | Shallow |
2013-03-08 | 1.00 g/t Gold over 8.0 m from 1.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 0.85 g/t Gold over 11.0 m from 1.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 2.11 g/t Gold over 1.0 m from 6.0 m | High Grade | Thin | Very Shallow |
2013-03-08 | 4.36 g/t Gold over 1.0 m from 6.0 m | High Grade | Thin | Very Shallow |
2013-03-08 | 0.93 g/t Gold over 6.0 m from 21.0 m | Moderate Grade | Thick | Shallow |
2013-03-08 | 0.41 g/t Gold over 18.0 m from 21.0 m | Moderate Grade | Very Thick | Shallow |
2013-03-08 | 0.60 g/t Gold over 4.0 m from 11.0 m | Moderate Grade | Thick | Very Shallow |
2013-03-08 | 1.24 g/t Gold over 6.0 m from 23.0 m | High Grade | Thick | Shallow |
2013-03-08 | 0.65 g/t Gold over 17.0 m from 16.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 0.22 g/t Gold over 21.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 0.37 g/t Gold over 18.0 m from 1.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-03-08 | 0.20 g/t Gold over 15.0 m from 2.0 m | Low Grade | Very Thick | Very 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.