Tierras Coloradas 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
Tierras Coloradas 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 very high grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2023-02-27 | 0.89 g/t Gold Equivalent over 5.3 m from 149.7 m | Moderate Grade | Thick | Moderate Depth |
2023-02-27 | 12.42 g/t Gold Equivalent over 4.1 m from 80.4 m | Very High Grade | Thick | Moderate Depth |
2023-02-27 | 32.07 g/t Gold Equivalent over 2.8 m from 53.0 m | Very High Grade | Thick | Moderate Depth |
2023-02-27 | 2.88 g/t Gold Equivalent over 4.0 m from 153.0 m | High Grade | Thick | Moderate Depth |
2023-02-27 | 39.68 g/t Gold Equivalent over 3.6 m from 154.0 m | Very High Grade | Thick | Moderate Depth |
2023-02-27 | 47.26 g/t Gold Equivalent over 17.3 m from 101.0 m | Very High Grade | Very Thick | Moderate Depth |
2023-02-27 | 80.80 g/t Gold Equivalent over 7.7 m from 101.0 m | Very High Grade | Very Thick | Moderate Depth |
2023-02-27 | 3.10 g/t Gold Equivalent over 6.0 m from 156.0 m | High Grade | Thick | Moderate Depth |
2023-02-27 | 5.97 g/t Gold Equivalent over 2.2 m from 68.5 m | Very High Grade | 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.