La Victoria 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
La Victoria is located in Peru, South America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, 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 low grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-07-21 | 0.87 g/t Gold Equivalent over 1.5 m from 804.7 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2022-07-21 | 0.62 g/t Gold Equivalent over 65.7 m from 395.3 m | Moderate Grade | Very Thick | Deep |
| 2022-07-21 | 1.61 g/t Gold Equivalent over 17.1 m from 414.8 m | High Grade | Very Thick | Deep |
| 2022-07-21 | 0.93 g/t Gold Equivalent over 22.7 m from 484.8 m | Moderate Grade | Very Thick | Very Deep |
| 2022-07-21 | 2.06 g/t Gold Equivalent over 7.6 m from 492.4 m | High Grade | Very Thick | Very Deep |
| 2022-07-21 | 0.37 g/t Gold Equivalent over 3.0 m from 521.1 m | Moderate Grade | Thick | Very Deep |
| 2022-07-21 | 0.96 g/t Gold Equivalent over 177.9 m from 546.8 m | Moderate Grade | Very Thick | Very Deep |
| 2022-07-21 | 10.90 g/t Gold Equivalent over 7.6 m from 549.8 m | Very High Grade | Very Thick | Very Deep |
| 2022-07-21 | 0.78 g/t Gold Equivalent over 10.5 m from 596.6 m | Moderate Grade | Very Thick | Very Deep |
| 2022-07-21 | 1.67 g/t Gold Equivalent over 7.5 m from 635.7 m | High Grade | Very Thick | Very Deep |
| 2022-07-21 | 1.58 g/t Gold Equivalent over 12.2 m from 682.3 m | High Grade | Very Thick | Very Deep |
| 2022-07-21 | 0.36 g/t Gold Equivalent over 3.1 m from 732.2 m | Moderate Grade | Thick | Very Deep |
| 2022-07-21 | 0.40 g/t Gold Equivalent over 4.6 m from 768.5 m | Moderate Grade | Thick | Very Deep |
| 2022-07-21 | 0.34 g/t Gold Equivalent over 3.0 m from 878.1 m | Moderate Grade | Thick | Very Deep |
| 2022-07-21 | 0.25 g/t Gold Equivalent over 3.0 m from 363.6 m | Moderate Grade | Thick | 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.