Rex South 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
Rex South is located in Canada, North America. The surrounding region has historically demonstrated a very low potential for gold endowment and is proximal to other gold properties. Physical setting (low elevation, low relief, polar climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-04-04 | 0.11 g/t Gold Equivalent over 10.7 m from 27.4 m | Low Grade | Very Thick | Shallow |
| 2012-04-04 | 0.70 g/t Gold Equivalent over 7.6 m from 19.8 m | Moderate Grade | Very Thick | Shallow |
| 2012-04-04 | 0.13 g/t Gold Equivalent over 1.5 m from 10.7 m | Low Grade | Moderate Thickness | Very Shallow |
| 2012-04-04 | 1.10 g/t Gold Equivalent over 9.1 m from 33.5 m | Moderate Grade | Very Thick | Shallow |
| 2012-04-04 | 1.20 g/t Gold Equivalent over 6.1 m from 22.9 m | High Grade | Thick | Shallow |
| 2012-04-04 | 0.09 g/t Gold Equivalent over 9.1 m from 42.7 m | Low Grade | Very Thick | Shallow |
| 2012-04-04 | 0.30 g/t Gold Equivalent over 7.6 m from 13.7 m | Moderate 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.