Caramanta 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
Caramanta is located in Colombia, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, very high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with thin 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 deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2015-03-30 | 0.92 g/t Gold Equivalent over 3.7 m from 119.8 m | Moderate Grade | Thick | Moderate Depth |
| 2015-03-30 | 0.66 g/t Gold Equivalent over 10.0 m from 65.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.44 g/t Gold Equivalent over 74.0 m from 57.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.94 g/t Gold Equivalent over 10.5 m from 298.0 m | Moderate Grade | Very Thick | Deep |
| 2015-03-30 | 1.33 g/t Gold Equivalent over 7.9 m from 216.1 m | High Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.46 g/t Gold Equivalent over 105.4 m from 9.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2015-03-30 | 0.39 g/t Gold Equivalent over 19.0 m from 156.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.60 g/t Gold Equivalent over 51.4 m from 106.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.48 g/t Gold Equivalent over 141.6 m from 66.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 1.66 g/t Gold Equivalent over 38.2 m from 182.5 m | High Grade | Very Thick | Moderate Depth |
| 2015-03-30 | 0.79 g/t Gold Equivalent over 207.5 m from 63.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-07-02 | 0.78 g/t Gold Equivalent over 357.8 m from 6.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-07-02 | 0.26 g/t Gold Equivalent over 14.0 m from 391.8 m | Moderate Grade | Very Thick | Deep |
| 2013-07-02 | 1.14 g/t Gold Equivalent over 40.5 m from 10.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-07-02 | 0.78 g/t Gold Equivalent over 108.3 m from 10.5 m | Moderate Grade | Very 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.