Pe Quente 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
Pe Quente is located in Brazil, South America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, moderate relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, very long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-12-08 | 1.99 g/t Gold over 3.0 m from 49.0 m | High Grade | Thick | Moderate Depth |
| 2024-12-08 | 0.73 g/t Gold over 16.0 m from 100.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.96 g/t Gold over 132.0 m from 85.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.52 g/t Gold over 12.0 m from 99.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.70 g/t Gold over 7.0 m from 117.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.77 g/t Gold over 6.6 m from 55.4 m | Moderate Grade | Thick | Moderate Depth |
| 2024-12-08 | 0.72 g/t Gold over 12.0 m from 80.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.34 g/t Gold over 20.0 m from 100.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.46 g/t Gold over 7.0 m from 50.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.57 g/t Gold over 13.0 m from 129.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 1.13 g/t Gold over 36.8 m from 170.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 4.14 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2024-12-08 | 0.75 g/t Gold over 17.0 m from 57.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 1.18 g/t Gold over 63.9 m from 94.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-12-08 | 0.66 g/t Gold over 3.5 m from 34.9 m | Moderate Grade | Thick | Shallow |
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.