October Dome 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
October Dome is located in Canada, 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, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin 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 moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-12-04 | 0.70 g/t Gold Equivalent over 9.0 m from 210.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-12-04 | 1.10 g/t Gold Equivalent over 2.0 m from 108.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-12-04 | 5.20 g/t Gold Equivalent over 2.0 m from 98.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2013-12-04 | 0.50 g/t Gold Equivalent over 18.0 m from 232.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-12-04 | 1.10 g/t Gold Equivalent over 4.0 m from 76.0 m | Moderate Grade | Thick | Moderate Depth |
| 2013-12-04 | 1.30 g/t Gold Equivalent over 3.0 m from 212.0 m | High Grade | Thick | Moderate Depth |
| 2012-11-08 | 0.23 g/t Gold Equivalent over 22.0 m from 92.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-11-08 | 0.12 g/t Gold Equivalent over 213.9 m from 6.1 m | Low Grade | Very Thick | Very Shallow |
| 2012-11-08 | 0.24 g/t Gold Equivalent over 8.0 m from 96.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-11-08 | 0.26 g/t Gold Equivalent over 20.0 m from 74.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-11-08 | 0.58 g/t Gold Equivalent over 6.0 m from 48.0 m | Moderate Grade | Thick | Shallow |
| 2012-11-08 | 0.14 g/t Gold Equivalent over 233.2 m from 6.1 m | Low Grade | Very Thick | Very 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.