Atlas-Gorbea 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
Atlas-Gorbea is located in Chile, South America. The surrounding region has historically demonstrated a high potential for gold endowment and is 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 Alluvial deposits, under 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, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2019-07-24 | 1.10 g/t Gold Equivalent over 10.0 m from 289.0 m | Moderate Grade | Very Thick | Deep |
| 2019-07-24 | 1.19 g/t Gold Equivalent over 13.0 m from 372.0 m | Moderate Grade | Very Thick | Deep |
| 2019-07-24 | 0.97 g/t Gold Equivalent over 19.3 m from 372.0 m | Moderate Grade | Very Thick | Deep |
| 2019-07-24 | 0.47 g/t Gold Equivalent over 59.0 m from 274.0 m | Moderate Grade | Very Thick | Deep |
| 2017-09-11 | 0.16 g/t Gold Equivalent over 42.0 m from 305.0 m | Low Grade | Very Thick | Deep |
| 2017-09-11 | 1.09 g/t Gold Equivalent over 114.1 m from 347.0 m | Moderate Grade | Very Thick | Deep |
| 2017-09-11 | 2.53 g/t Gold Equivalent over 36.0 m from 412.0 m | High Grade | Very Thick | Deep |
| 2017-09-11 | 0.33 g/t Gold Equivalent over 45.8 m from 430.0 m | Moderate Grade | Very Thick | Deep |
| 2016-04-25 | 0.73 g/t Gold Equivalent over 30.0 m from 458.0 m | Moderate Grade | Very Thick | Deep |
| 2016-04-25 | 0.88 g/t Gold Equivalent over 6.0 m from 440.0 m | Moderate Grade | Thick | Deep |
| 2016-04-25 | 1.59 g/t Gold Equivalent over 40.0 m from 556.0 m | High Grade | Very Thick | Very Deep |
| 2016-04-25 | 0.20 g/t Gold Equivalent over 26.0 m from 276.0 m | Moderate Grade | Very Thick | Deep |
| 2016-04-25 | 0.42 g/t Gold Equivalent over 54.0 m from 468.0 m | Moderate Grade | Very Thick | Very Deep |
| 2016-04-25 | 1.09 g/t Gold Equivalent over 10.0 m from 472.0 m | Moderate Grade | Very Thick | Very Deep |
| 2016-04-25 | 0.29 g/t Gold Equivalent over 68.0 m from 560.0 m | Moderate 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.