Knauss Creek 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
Knauss Creek is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, 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 Equivalent) average low grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-11-19 | 0.52 g/t Gold Equivalent over 0.8 m from 87.0 m | Moderate Grade | Thin | Moderate Depth |
| 2024-11-19 | 0.53 g/t Gold Equivalent over 20.5 m from 124.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-19 | 1.42 g/t Gold Equivalent over 5.2 m from 138.0 m | High Grade | Thick | Moderate Depth |
| 2024-11-19 | 0.32 g/t Gold Equivalent over 22.7 m from 9.3 m | Moderate Grade | Very Thick | Very Shallow |
| 2024-11-19 | 0.13 g/t Gold Equivalent over 3.0 m from 96.0 m | Low Grade | Thick | Moderate Depth |
| 2024-11-19 | 0.28 g/t Gold Equivalent over 1.5 m from 140.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2024-11-19 | 2.15 g/t Gold Equivalent over 1.5 m from 192.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2024-11-19 | 0.14 g/t Gold Equivalent over 4.2 m from 24.0 m | Low Grade | Thick | Shallow |
| 2024-11-19 | 0.22 g/t Gold Equivalent over 6.7 m from 54.0 m | Moderate Grade | Thick | Moderate Depth |
| 2024-11-19 | 0.46 g/t Gold Equivalent over 1.5 m from 98.5 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2024-11-19 | 0.28 g/t Gold Equivalent over 8.5 m from 17.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2024-11-19 | 0.41 g/t Gold Equivalent over 1.6 m from 47.7 m | Moderate Grade | Moderate Thickness | Shallow |
| 2024-11-19 | 7.32 g/t Gold Equivalent over 1.5 m from 56.8 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2024-11-19 | 0.36 g/t Gold Equivalent over 1.3 m from 66.7 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2024-11-19 | 0.15 g/t Gold Equivalent over 2.0 m from 12.0 m | Low Grade | Moderate Thickness | 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.