Deep Creek 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
Deep Creek is located in United States, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Large Igneous Province tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average high grade, short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2011-08-17 | 2.54 g/t Gold over 1.5 m from 22.9 m | High Grade | Moderate Thickness | Shallow |
| 2011-08-17 | 4.47 g/t Gold over 0.3 m from 24.0 m | Very High Grade | Very Thin | Shallow |
| 2011-08-17 | 6.94 g/t Gold over 1.2 m from 63.4 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2011-08-17 | 9.74 g/t Gold over 1.2 m from 11.0 m | Very High Grade | Moderate Thickness | Very Shallow |
| 2011-08-17 | 3.67 g/t Gold over 6.2 m from 17.0 m | High Grade | Thick | Very Shallow |
| 2011-08-17 | 14.10 g/t Gold over 1.2 m from 22.0 m | Very High Grade | Moderate Thickness | Shallow |
| 2011-01-18 | 0.90 g/t Gold over 3.1 m from 26.2 m | Moderate Grade | Thick | Shallow |
| 2011-01-18 | 1.53 g/t Gold over 1.6 m from 27.7 m | High Grade | Moderate Thickness | Shallow |
| 2011-01-18 | 1.03 g/t Gold over 2.4 m from 69.8 m | Moderate Grade | Thick | Moderate Depth |
| 2011-01-18 | 0.88 g/t Gold over 9.1 m from 67.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-01-18 | 3.92 g/t Gold over 1.5 m from 67.1 m | High Grade | Moderate Thickness | Moderate Depth |
| 2011-01-18 | 2.01 g/t Gold over 1.2 m from 75.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2011-01-18 | 1.46 g/t Gold over 1.2 m from 102.7 m | High Grade | Moderate Thickness | Moderate Depth |
| 2010-09-15 | 1.03 g/t Gold over 3.0 m from 70.0 m | Moderate Grade | Thick | Moderate Depth |
| 2010-09-15 | 1.46 g/t Gold over 1.0 m from 104.0 m | High Grade | Thin | 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.