La Garrucha 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
La Garrucha is located in Colombia, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, 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 low grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-09-10 | 1.18 g/t Gold Equivalent over 271.0 m from 171.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-09-10 | 0.71 g/t Gold Equivalent over 406.6 m from 185.7 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-09-10 | 0.48 g/t Gold Equivalent over 31.6 m from 168.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-09-10 | 0.71 g/t Gold Equivalent over 145.0 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-09-10 | 1.18 g/t Gold Equivalent over 71.0 m from 355.0 m | Moderate Grade | Very Thick | Deep |
| 2013-09-10 | 0.57 g/t Gold Equivalent over 31.5 m from 236.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-09-10 | 0.61 g/t Gold Equivalent over 12.2 m from 38.1 m | Moderate Grade | Very Thick | Shallow |
| 2013-07-10 | 0.50 g/t Gold Equivalent over 21.5 m from 436.8 m | Moderate Grade | Very Thick | Deep |
| 2013-07-10 | 0.84 g/t Gold Equivalent over 23.9 m from 476.1 m | Moderate Grade | Very Thick | Very Deep |
| 2013-07-10 | 0.99 g/t Gold Equivalent over 311.0 m from 66.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-07-10 | 1.45 g/t Gold Equivalent over 85.0 m from 98.0 m | High Grade | Very Thick | Moderate Depth |
| 2013-07-10 | 0.39 g/t Gold Equivalent over 28.4 m from 392.8 m | Moderate Grade | Very Thick | Deep |
| 2013-07-10 | 0.60 g/t Gold Equivalent over 24.7 m from 513.1 m | Moderate Grade | Very Thick | Very Deep |
| 2013-06-27 | 0.79 g/t Gold Equivalent over 12.2 m from 15.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-06-27 | 0.56 g/t Gold Equivalent over 80.1 m from 94.9 m | Moderate 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.