Cuervo 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
Cuervo is located in Mexico, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (high elevation, high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Carbonate sedimentary rocks, under very thin 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 very shallow. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2013-07-04 | 2.20 g/t Gold Equivalent over 5.7 m from 12.1 m | High Grade | Thick | Very Shallow |
2013-07-04 | 0.23 g/t Gold Equivalent over 16.8 m from 61.5 m | Moderate Grade | Very Thick | Moderate Depth |
2013-07-04 | 0.76 g/t Gold Equivalent over 31.8 m from 84.2 m | Moderate Grade | Very Thick | Moderate Depth |
2013-07-04 | 1.21 g/t Gold Equivalent over 34.2 m from 0.0 m | High Grade | Very Thick | Very Shallow |
2013-07-04 | 1.65 g/t Gold Equivalent over 23.1 m from 0.8 m | High Grade | Very Thick | Very Shallow |
2013-07-04 | 0.86 g/t Gold Equivalent over 15.9 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-07-04 | 1.39 g/t Gold Equivalent over 11.0 m from 22.4 m | High Grade | Very Thick | Shallow |
2013-07-04 | 1.39 g/t Gold Equivalent over 4.0 m from 37.4 m | High Grade | Thick | Shallow |
2013-07-04 | 0.45 g/t Gold Equivalent over 3.3 m from 63.5 m | Moderate Grade | Thick | Moderate Depth |
2013-07-04 | 2.09 g/t Gold Equivalent over 68.0 m from 40.0 m | High Grade | Very Thick | Shallow |
2013-07-04 | 0.26 g/t Gold Equivalent over 2.0 m from 0.0 m | Moderate Grade | Moderate Thickness | Very Shallow |
2013-07-04 | 0.99 g/t Gold Equivalent over 20.0 m from 10.0 m | Moderate Grade | Very Thick | Very Shallow |
2013-07-04 | 1.53 g/t Gold Equivalent over 24.0 m from 0.0 m | High Grade | Very Thick | Very Shallow |
2013-07-04 | 0.96 g/t Gold Equivalent over 14.0 m from 36.0 m | Moderate Grade | Very Thick | 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.