Charlotte 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
Charlotte 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 (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic 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, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-10-17 | 65.76 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2022-10-17 | 39.60 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2022-10-17 | 38.47 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2011-09-06 | 7.63 g/t Gold Equivalent over 3.6 m from 77.5 m | Very High Grade | Thick | Moderate Depth |
| 2011-09-06 | 2.45 g/t Gold Equivalent over 12.5 m from 50.9 m | High Grade | Very Thick | Moderate Depth |
| 2011-09-06 | 8.26 g/t Gold Equivalent over 1.1 m from 31.8 m | Very High Grade | Moderate Thickness | Shallow |
| 2011-09-06 | 3.29 g/t Gold Equivalent over 3.1 m from 29.8 m | High Grade | Thick | Shallow |
| 2011-09-06 | 43.16 g/t Gold Equivalent over 5.2 m from 47.7 m | Very High Grade | Thick | Shallow |
| 2011-09-06 | 11.04 g/t Gold Equivalent over 23.1 m from 30.3 m | Very High Grade | Very Thick | Shallow |
| 2011-09-06 | 0.80 g/t Gold Equivalent over 2.0 m from 20.1 m | Moderate Grade | Moderate Thickness | Shallow |
| 2011-09-06 | 9.64 g/t Gold Equivalent over 0.5 m from 93.0 m | Very High Grade | Very Thin | Moderate Depth |
| 2011-09-06 | 1.13 g/t Gold Equivalent over 5.4 m from 91.6 m | Moderate Grade | Thick | Moderate Depth |
| 2011-09-06 | 3.83 g/t Gold Equivalent over 9.9 m from 71.2 m | High Grade | Very Thick | Moderate Depth |
| 2011-09-06 | 16.00 g/t Gold Equivalent over 0.7 m from 61.9 m | Very High Grade | Thin | Moderate Depth |
| 2011-09-06 | 1.47 g/t Gold Equivalent over 1.7 m from 56.9 m | High 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.