Red 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
Red Hill is located in United States, North America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-12-18 | 0.26 g/t Gold over 6.1 m from 36.6 m | Moderate Grade | Thick | Shallow |
| 2012-12-18 | 1.01 g/t Gold over 28.9 m from 131.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-12-18 | 0.12 g/t Gold over 18.3 m from 208.8 m | Low Grade | Very Thick | Moderate Depth |
| 2012-12-18 | 0.42 g/t Gold over 38.1 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2012-12-18 | 0.63 g/t Gold over 15.2 m from 36.6 m | Moderate Grade | Very Thick | Shallow |
| 2012-12-18 | 1.20 g/t Gold over 4.6 m from 44.2 m | Moderate Grade | Thick | Shallow |
| 2012-12-18 | 0.25 g/t Gold over 10.6 m from 106.7 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-12-18 | 0.26 g/t Gold over 30.5 m from 134.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-12-18 | 0.20 g/t Gold over 32.0 m from 201.2 m | Low Grade | Very Thick | Moderate Depth |
| 2012-12-18 | 0.73 g/t Gold over 47.2 m from 120.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-06-28 | 4.96 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2012-06-28 | 8.06 g/t Gold over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2012-06-28 | 0.07 g/t Gold over 3.0 m from 442.0 m | Low Grade | Thick | Deep |
| 2012-06-13 | 2.60 g/t Gold over 10.7 m from 128.0 m | High Grade | Very Thick | Moderate Depth |
| 2012-06-13 | 0.20 g/t Gold over 19.8 m from 170.7 m | Low Grade | Very Thick | 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.