Pilar 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
Pilar is located in Mexico, 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 (moderate 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 Equivalent) average moderate grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-06-25 | 0.08 g/t Gold Equivalent over 10.7 m from 166.2 m | Low Grade | Very Thick | Moderate Depth |
| 2025-06-25 | 0.18 g/t Gold Equivalent over 1.5 m from 96.1 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-06-25 | 0.18 g/t Gold Equivalent over 1.5 m from 88.5 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-06-25 | 0.16 g/t Gold Equivalent over 1.5 m from 13.7 m | Low Grade | Moderate Thickness | Very Shallow |
| 2025-06-25 | 0.17 g/t Gold Equivalent over 1.5 m from 105.2 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-06-25 | 0.14 g/t Gold Equivalent over 1.5 m from 10.7 m | Low Grade | Moderate Thickness | Very Shallow |
| 2025-06-25 | 0.12 g/t Gold Equivalent over 1.5 m from 18.3 m | Low Grade | Moderate Thickness | Shallow |
| 2025-06-25 | 0.20 g/t Gold Equivalent over 22.9 m from 79.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-06-25 | 0.61 g/t Gold Equivalent over 1.5 m from 6.1 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2025-06-25 | 0.10 g/t Gold Equivalent over 1.5 m from 103.7 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-06-25 | 0.98 g/t Gold Equivalent over 1.5 m from 21.4 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-06-25 | 0.19 g/t Gold Equivalent over 12.2 m from 18.3 m | Low Grade | Very Thick | Shallow |
| 2025-06-25 | 0.32 g/t Gold Equivalent over 1.5 m from 22.9 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-06-25 | 0.18 g/t Gold Equivalent over 1.5 m from 102.2 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-06-25 | 0.17 g/t Gold Equivalent over 1.5 m from 147.9 m | Low Grade | Moderate Thickness | 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.