Linderos 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
Linderos is located in Ecuador, South America. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (high elevation, very high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thick 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 high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-05-08 | 0.10 g/t Gold Equivalent over 19.0 m from 977.7 m | Low Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.22 g/t Gold Equivalent over 398.3 m from 420.0 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.27 g/t Gold Equivalent over 178.0 m from 453.5 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.24 g/t Gold Equivalent over 20.3 m from 25.7 m | Moderate Grade | Very Thick | Shallow |
| 2025-05-08 | 0.23 g/t Gold Equivalent over 649.6 m from 277.4 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.27 g/t Gold Equivalent over 130.7 m from 385.0 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.36 g/t Gold Equivalent over 51.2 m from 622.8 m | Moderate Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.24 g/t Gold Equivalent over 59.1 m from 953.5 m | Moderate Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.11 g/t Gold Equivalent over 26.4 m from 931.6 m | Low Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.12 g/t Gold Equivalent over 19.4 m from 1,022.3 m | Low Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.22 g/t Gold Equivalent over 367.2 m from 245.7 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.24 g/t Gold Equivalent over 223.0 m from 381.0 m | Moderate Grade | Very Thick | Deep |
| 2025-05-08 | 0.27 g/t Gold Equivalent over 11.8 m from 673.0 m | Moderate Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.15 g/t Gold Equivalent over 17.7 m from 757.0 m | Low Grade | Very Thick | Very Deep |
| 2025-05-08 | 0.17 g/t Gold Equivalent over 18.4 m from 878.0 m | Low Grade | Very Thick | Very Deep |
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.