3 Aces 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
3 Aces is located in Canada, North America. The surrounding region has historically demonstrated a moderate 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 Precambrian 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) average very high grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-02-14 | 1.52 g/t Gold over 41.2 m from 146.3 m | High Grade | Very Thick | Moderate Depth |
| 2024-02-14 | 0.59 g/t Gold over 15.5 m from 376.0 m | Moderate Grade | Very Thick | Deep |
| 2024-02-14 | 1.30 g/t Gold over 6.1 m from 92.7 m | High Grade | Thick | Moderate Depth |
| 2024-02-14 | 0.47 g/t Gold over 7.6 m from 164.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-02-14 | 2.94 g/t Gold over 1.5 m from 13.7 m | High Grade | Moderate Thickness | Very Shallow |
| 2024-02-14 | 3.60 g/t Gold over 1.6 m from 9.1 m | High Grade | Moderate Thickness | Very Shallow |
| 2024-02-14 | 1.50 g/t Gold over 4.8 m from 505.7 m | High Grade | Thick | Very Deep |
| 2024-02-14 | 1.00 g/t Gold over 17.9 m from 499.3 m | Moderate Grade | Very Thick | Very Deep |
| 2024-02-14 | 4.60 g/t Gold over 0.7 m from 6.0 m | Very High Grade | Thin | Very Shallow |
| 2024-02-14 | 2.00 g/t Gold over 2.1 m from 384.9 m | High Grade | Thick | Deep |
| 2024-02-14 | 0.69 g/t Gold over 7.0 m from 380.0 m | Moderate Grade | Very Thick | Deep |
| 2024-02-14 | 1.70 g/t Gold over 12.6 m from 464.9 m | High Grade | Very Thick | Very Deep |
| 2024-02-14 | 0.40 g/t Gold over 7.6 m from 86.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-02-14 | 5.90 g/t Gold over 2.1 m from 464.9 m | Very High Grade | Thick | Very Deep |
| 2024-02-14 | 3.90 g/t Gold over 2.7 m from 436.7 m | High Grade | Thick | Deep |
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.