Quesnelle Quartz 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
Quesnelle Quartz is located in Canada, North America. The surrounding region has historically demonstrated a low potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick 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 high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-05-20 | 0.22 g/t Gold Equivalent over 0.8 m from 310.0 m | Moderate Grade | Thin | Deep |
| 2025-05-20 | 0.15 g/t Gold Equivalent over 3.1 m from 197.5 m | Low Grade | Thick | Moderate Depth |
| 2025-05-20 | 0.74 g/t Gold Equivalent over 61.5 m from 8.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-05-20 | 2.09 g/t Gold Equivalent over 16.2 m from 20.2 m | High Grade | Very Thick | Shallow |
| 2025-05-20 | 1.57 g/t Gold Equivalent over 3.5 m from 59.9 m | High Grade | Thick | Moderate Depth |
| 2025-05-20 | 0.13 g/t Gold Equivalent over 2.5 m from 101.0 m | Low Grade | Thick | Moderate Depth |
| 2025-05-20 | 1.02 g/t Gold Equivalent over 37.0 m from 8.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-02-25 | 0.78 g/t Gold Equivalent over 342.0 m from 20.1 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-25 | 1.12 g/t Gold Equivalent over 236.9 m from 20.1 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-25 | 5.64 g/t Gold Equivalent over 23.2 m from 82.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2025-02-25 | 1.11 g/t Gold Equivalent over 236.9 m from 20.1 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-25 | 0.79 g/t Gold Equivalent over 342.0 m from 20.1 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-25 | 1.64 g/t Gold Equivalent over 137.2 m from 40.1 m | High Grade | Very Thick | Shallow |
| 2025-02-25 | 1.69 g/t Gold Equivalent over 137.2 m from 40.1 m | High Grade | Very Thick | Shallow |
| 2025-02-25 | 9.33 g/t Gold Equivalent over 11.9 m from 82.0 m | Very High Grade | Very Thick | 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.