Pilar 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
Pilar is located in Mexico, North America. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average moderate grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-01-23 | 0.09 g/t Gold Equivalent over 3.1 m from 112.8 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.11 g/t Gold Equivalent over 3.1 m from 242.5 m | Low Grade | Thick | Deep |
| 2026-01-23 | 0.14 g/t Gold Equivalent over 6.1 m from 176.9 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.11 g/t Gold Equivalent over 4.6 m from 169.3 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.27 g/t Gold Equivalent over 10.7 m from 138.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-23 | 0.08 g/t Gold Equivalent over 4.6 m from 129.6 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.09 g/t Gold Equivalent over 3.1 m from 86.9 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 1.19 g/t Gold Equivalent over 1.5 m from 79.3 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2026-01-23 | 0.43 g/t Gold Equivalent over 7.6 m from 73.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-23 | 0.07 g/t Gold Equivalent over 6.1 m from 62.5 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.08 g/t Gold Equivalent over 4.6 m from 62.5 m | Low Grade | Thick | Moderate Depth |
| 2026-01-23 | 0.08 g/t Gold Equivalent over 4.6 m from 42.7 m | Low Grade | Thick | Shallow |
| 2026-01-23 | 1.54 g/t Gold Equivalent over 1.5 m from 213.5 m | High Grade | Moderate Thickness | Moderate Depth |
| 2026-01-23 | 0.23 g/t Gold Equivalent over 12.2 m from 198.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-23 | 0.42 g/t Gold Equivalent over 7.6 m from 212.0 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.