Nora 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
Nora is located in Mexico, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under 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 very high grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2022-03-09 | 7.73 g/t Gold Equivalent over 1.0 m from 183.0 m | Very High Grade | Thin | Moderate Depth |
2022-03-09 | 9.17 g/t Gold Equivalent over 0.4 m from 209.6 m | Very High Grade | Very Thin | Moderate Depth |
2022-03-09 | 4.96 g/t Gold Equivalent over 1.4 m from 209.6 m | Very High Grade | Moderate Thickness | Moderate Depth |
2022-03-09 | 9.18 g/t Gold Equivalent over 0.4 m from 209.6 m | Very High Grade | Very Thin | Moderate Depth |
2022-03-09 | 8.36 g/t Gold Equivalent over 0.3 m from 191.6 m | Very High Grade | Very Thin | Moderate Depth |
2022-03-09 | 8.40 g/t Gold Equivalent over 0.4 m from 191.6 m | Very High Grade | Very Thin | Moderate Depth |
2022-03-09 | 5.90 g/t Gold Equivalent over 2.0 m from 183.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
2022-03-09 | 5.92 g/t Gold Equivalent over 2.0 m from 183.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
2022-03-09 | 6.87 g/t Gold Equivalent over 1.0 m from 190.0 m | Very High Grade | Thin | Moderate Depth |
2022-03-09 | 7.70 g/t Gold Equivalent over 1.0 m from 183.0 m | Very High Grade | Thin | Moderate Depth |
2022-03-09 | 3.02 g/t Gold Equivalent over 5.9 m from 182.1 m | High Grade | Thick | Moderate Depth |
2022-03-09 | 10.03 g/t Gold Equivalent over 1.0 m from 212.0 m | Very High Grade | Thin | Moderate Depth |
2022-03-09 | 5.83 g/t Gold Equivalent over 3.0 m from 210.0 m | Very High Grade | Thick | Moderate Depth |
2022-03-09 | 6.48 g/t Gold Equivalent over 1.0 m from 206.0 m | Very High Grade | Thin | Moderate Depth |
2022-03-09 | 59.33 g/t Gold Equivalent over 0.7 m from 195.9 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.