Placer Mountain 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
Placer Mountain is located in Canada, North America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, 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 very high grade, short, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-02-28 | 1.47 g/t Gold Equivalent over 6.2 m from 12.2 m | High Grade | Thick | Very Shallow |
| 2025-02-28 | 2.71 g/t Gold Equivalent over 1.3 m from 25.7 m | High Grade | Moderate Thickness | Shallow |
| 2025-02-28 | 2.48 g/t Gold Equivalent over 0.7 m from 116.3 m | High Grade | Thin | Moderate Depth |
| 2025-02-28 | 10.55 g/t Gold Equivalent over 2.9 m from 98.0 m | Very High Grade | Thick | Moderate Depth |
| 2025-02-28 | 0.58 g/t Gold Equivalent over 5.0 m from 67.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-02-28 | 2.24 g/t Gold Equivalent over 1.5 m from 13.5 m | High Grade | Moderate Thickness | Very Shallow |
| 2025-02-28 | 3.39 g/t Gold Equivalent over 0.5 m from 131.0 m | High Grade | Very Thin | Moderate Depth |
| 2025-02-28 | 14.60 g/t Gold Equivalent over 1.2 m from 120.7 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-02-28 | 0.50 g/t Gold Equivalent over 3.7 m from 97.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-02-28 | 29.30 g/t Gold Equivalent over 0.9 m from 73.7 m | Very High Grade | Thin | Moderate Depth |
| 2025-02-28 | 2.28 g/t Gold Equivalent over 13.1 m from 65.9 m | High Grade | Very Thick | Moderate Depth |
| 2025-02-28 | 1.71 g/t Gold Equivalent over 6.2 m from 51.0 m | High Grade | Thick | Moderate Depth |
| 2025-02-28 | 11.90 g/t Gold Equivalent over 0.5 m from 34.3 m | Very High Grade | Very Thin | Shallow |
| 2025-02-28 | 0.88 g/t Gold Equivalent over 7.6 m from 27.2 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-28 | 36.40 g/t Gold Equivalent over 0.8 m from 59.2 m | Very High Grade | Thin | 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.