Dunlop Bay 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
Dunlop Bay is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, very low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, very short, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-07-23 | 0.42 g/t Gold Equivalent over 0.5 m from 57.5 m | Moderate Grade | Very Thin | Moderate Depth |
| 2025-07-23 | 7.24 g/t Gold Equivalent over 0.5 m from 18.5 m | Very High Grade | Very Thin | Shallow |
| 2025-07-23 | 0.04 g/t Gold Equivalent over 0.5 m from 34.0 m | Low Grade | Very Thin | Shallow |
| 2025-07-23 | 0.31 g/t Gold Equivalent over 0.5 m from 50.0 m | Moderate Grade | Very Thin | Moderate Depth |
| 2025-07-23 | 0.07 g/t Gold Equivalent over 0.5 m from 52.0 m | Low Grade | Very Thin | Moderate Depth |
| 2025-07-23 | 0.25 g/t Gold Equivalent over 0.5 m from 72.9 m | Moderate Grade | Very Thin | Moderate Depth |
| 2025-07-23 | 0.17 g/t Gold Equivalent over 0.5 m from 192.0 m | Low Grade | Very Thin | Moderate Depth |
| 2025-07-23 | 0.13 g/t Gold Equivalent over 1.2 m from 41.8 m | Low Grade | Moderate Thickness | Shallow |
| 2025-07-23 | 0.45 g/t Gold Equivalent over 2.5 m from 49.2 m | Moderate Grade | Thick | Moderate Depth |
| 2025-07-23 | 0.23 g/t Gold Equivalent over 1.5 m from 58.5 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-07-23 | 0.35 g/t Gold Equivalent over 0.7 m from 63.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-07-23 | 0.73 g/t Gold Equivalent over 0.6 m from 73.5 m | Moderate Grade | Thin | Moderate Depth |
| 2025-07-23 | 0.15 g/t Gold Equivalent over 0.9 m from 98.4 m | Low Grade | Thin | Moderate Depth |
| 2025-07-23 | 0.38 g/t Gold Equivalent over 3.8 m from 104.6 m | Moderate Grade | Thick | Moderate Depth |
| 2025-07-23 | 0.23 g/t Gold Equivalent over 0.6 m from 133.5 m | Moderate 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.