Kazan - Kato 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
Kazan - Kato is located in Japan, Asia. The surrounding region has historically demonstrated a moderate potential for gold endowment and is somewhat distal to other gold properties. Physical setting (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin lithosphere with moderately thick 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 moderate grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-01-09 | 1.16 g/t Gold Equivalent over 0.5 m from 123.5 m | Moderate Grade | Very Thin | Moderate Depth |
| 2024-01-09 | 0.61 g/t Gold Equivalent over 4.1 m from 313.2 m | Moderate Grade | Thick | Deep |
| 2024-01-09 | 1.40 g/t Gold Equivalent over 2.2 m from 32.0 m | High Grade | Thick | Shallow |
| 2024-01-09 | 1.21 g/t Gold Equivalent over 0.6 m from 69.9 m | High Grade | Thin | Moderate Depth |
| 2024-01-09 | 1.60 g/t Gold Equivalent over 0.6 m from 74.4 m | High Grade | Thin | Moderate Depth |
| 2024-01-09 | 0.99 g/t Gold Equivalent over 3.2 m from 77.2 m | Moderate Grade | Thick | Moderate Depth |
| 2024-01-09 | 1.83 g/t Gold Equivalent over 2.3 m from 146.1 m | High Grade | Thick | Moderate Depth |
| 2024-01-09 | 0.81 g/t Gold Equivalent over 6.7 m from 199.7 m | Moderate Grade | Thick | Moderate Depth |
| 2024-01-09 | 0.77 g/t Gold Equivalent over 3.9 m from 213.0 m | Moderate Grade | Thick | Moderate Depth |
| 2023-07-12 | 9.52 g/t Gold Equivalent over 17.5 m from 314.8 m | Very High Grade | Very Thick | Deep |
| 2023-07-12 | 5.78 g/t Gold Equivalent over 18.6 m from 258.9 m | Very High Grade | Very Thick | Deep |
| 2023-07-12 | 4.22 g/t Gold Equivalent over 2.6 m from 266.6 m | High Grade | Thick | Deep |
| 2023-07-12 | 3.19 g/t Gold Equivalent over 26.5 m from 272.4 m | High Grade | Very Thick | Deep |
| 2023-07-12 | 1.21 g/t Gold Equivalent over 11.0 m from 141.4 m | High Grade | Very Thick | Moderate Depth |
| 2023-07-12 | 3.77 g/t Gold Equivalent over 1.6 m from 103.5 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.