Shyri 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
Shyri is located in Ecuador, South America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is proximal to other gold properties. Physical setting (very high elevation, high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic 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 very low grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-01-11 | 0.00 g/t Gold Equivalent over 172.0 m from 86.0 m | Very Low Grade | Very Thick | Moderate Depth |
| 2013-01-11 | 0.03 g/t Gold Equivalent over 38.0 m from 80.0 m | Low Grade | Very Thick | Moderate Depth |
| 2013-01-11 | 0.02 g/t Gold Equivalent over 32.0 m from 44.0 m | Low Grade | Very Thick | Shallow |
| 2013-01-11 | 0.00 g/t Gold Equivalent over 30.0 m from 2.0 m | Very Low Grade | Very Thick | Very Shallow |
| 2013-01-11 | 0.02 g/t Gold Equivalent over 24.0 m from 2.0 m | Low Grade | Very Thick | Very Shallow |
| 2013-01-11 | 0.02 g/t Gold Equivalent over 58.0 m from 270.0 m | Low Grade | Very Thick | Deep |
| 2013-01-11 | 0.02 g/t Gold Equivalent over 24.0 m from 126.0 m | Low Grade | Very Thick | Moderate Depth |
| 2013-01-11 | 0.02 g/t Gold Equivalent over 316.0 m from 182.0 m | Low Grade | Very Thick | Moderate Depth |
| 2012-02-09 | 0.12 g/t Gold Equivalent over 10.0 m from 432.0 m | Low Grade | Very Thick | Deep |
| 2012-02-09 | 0.20 g/t Gold Equivalent over 22.0 m from 392.0 m | Low Grade | Very Thick | Deep |
| 2012-02-09 | 0.20 g/t Gold Equivalent over 4.0 m from 324.0 m | Low Grade | Thick | Deep |
| 2012-02-09 | 0.01 g/t Gold Equivalent over 82.0 m from 262.0 m | Low Grade | Very Thick | Deep |
| 2012-02-09 | 0.50 g/t Gold Equivalent over 2.0 m from 168.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2012-02-09 | 0.02 g/t Gold Equivalent over 2.0 m from 14.0 m | Low Grade | Moderate Thickness | Very Shallow |
| 2012-02-09 | 0.04 g/t Gold Equivalent over 4.0 m from 4.0 m | Low Grade | Thick | 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.