Empire 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
Empire is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under very 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 short, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2019-01-14 | 0.60 g/t Gold Equivalent over 0.5 m from 102.0 m | Moderate Grade | Very Thin | Moderate Depth |
| 2019-01-14 | 1.31 g/t Gold Equivalent over 0.5 m from 29.0 m | High Grade | Very Thin | Shallow |
| 2019-01-14 | 1.37 g/t Gold Equivalent over 0.5 m from 56.7 m | High Grade | Very Thin | Moderate Depth |
| 2019-01-14 | 1.50 g/t Gold Equivalent over 0.5 m from 48.0 m | High Grade | Very Thin | Shallow |
| 2019-01-14 | 0.41 g/t Gold Equivalent over 2.7 m from 23.8 m | Moderate Grade | Thick | Shallow |
| 2019-01-14 | 3.37 g/t Gold Equivalent over 0.8 m from 89.5 m | High Grade | Thin | Moderate Depth |
| 2019-01-14 | 0.70 g/t Gold Equivalent over 0.6 m from 31.4 m | Moderate Grade | Thin | Shallow |
| 2019-01-14 | 0.77 g/t Gold Equivalent over 1.0 m from 161.7 m | Moderate Grade | Thin | Moderate Depth |
| 2019-01-14 | 2.13 g/t Gold Equivalent over 0.9 m from 147.1 m | High Grade | Thin | Moderate Depth |
| 2019-01-14 | 0.55 g/t Gold Equivalent over 1.7 m from 120.6 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2019-01-14 | 0.66 g/t Gold Equivalent over 3.0 m from 109.0 m | Moderate Grade | Thick | Moderate Depth |
| 2019-01-14 | 0.54 g/t Gold Equivalent over 1.5 m from 23.1 m | Moderate Grade | Moderate Thickness | Shallow |
| 2019-01-14 | 2.79 g/t Gold Equivalent over 0.6 m from 16.5 m | High Grade | Thin | Very Shallow |
| 2019-01-14 | 0.47 g/t Gold Equivalent over 0.7 m from 60.0 m | Moderate Grade | Thin | Moderate Depth |
| 2019-01-14 | 0.72 g/t Gold Equivalent over 1.5 m from 158.5 m | Moderate Grade | Moderate Thickness | 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.