Bateman‐C3 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
Bateman‐C3 is located in Canada, North America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin 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 high grade, moderate length, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2019-08-07 | 18.56 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
2019-08-07 | 21.88 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
2019-04-22 | 3.23 g/t Gold Equivalent over 0.7 m from 375.6 m | High Grade | Thin | Deep |
2019-04-22 | 0.40 g/t Gold Equivalent over 1.3 m from 388.1 m | Moderate Grade | Moderate Thickness | Deep |
2019-04-22 | 44.01 g/t Gold Equivalent over 0.6 m from 387.4 m | Very High Grade | Thin | Deep |
2019-04-22 | 2.07 g/t Gold Equivalent over 1.1 m from 386.3 m | High Grade | Moderate Thickness | Deep |
2019-04-22 | 8.24 g/t Gold Equivalent over 0.8 m from 385.5 m | Very High Grade | Thin | Deep |
2019-04-22 | 2.76 g/t Gold Equivalent over 0.9 m from 384.6 m | High Grade | Thin | Deep |
2019-04-22 | 4.75 g/t Gold Equivalent over 0.7 m from 384.0 m | Very High Grade | Thin | Deep |
2019-04-22 | 6.55 g/t Gold Equivalent over 0.7 m from 383.3 m | Very High Grade | Thin | Deep |
2019-04-22 | 3.36 g/t Gold Equivalent over 0.8 m from 382.5 m | High Grade | Thin | Deep |
2019-04-22 | 3.85 g/t Gold Equivalent over 1.0 m from 381.5 m | High Grade | Moderate Thickness | Deep |
2019-04-22 | 1.63 g/t Gold Equivalent over 0.7 m from 380.8 m | High Grade | Thin | Deep |
2019-04-22 | 2.08 g/t Gold Equivalent over 0.9 m from 379.9 m | High Grade | Thin | Deep |
2019-04-22 | 8.44 g/t Gold Equivalent over 1.1 m from 378.9 m | Very High Grade | Moderate Thickness | Deep |
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.