Lunahuasi 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
Lunahuasi is located in Argentina, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (very high elevation, very high relief, polar climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very 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 Equivalent) average very high grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-10 | 3.98 g/t Gold Equivalent over 14.5 m from 474.0 m | High Grade | Very Thick | Very Deep |
| 2026-02-10 | 6.12 g/t Gold Equivalent over 32.4 m from 424.0 m | Very High Grade | Very Thick | Deep |
| 2026-02-10 | 4.29 g/t Gold Equivalent over 6.0 m from 901.0 m | High Grade | Thick | Very Deep |
| 2026-02-10 | 4.78 g/t Gold Equivalent over 4.4 m from 876.1 m | Very High Grade | Thick | Very Deep |
| 2026-02-10 | 2.44 g/t Gold Equivalent over 49.0 m from 858.0 m | High Grade | Very Thick | Very Deep |
| 2026-02-10 | 21.29 g/t Gold Equivalent over 2.0 m from 858.0 m | Very High Grade | Moderate Thickness | Very Deep |
| 2026-02-10 | 2.39 g/t Gold Equivalent over 15.2 m from 778.0 m | High Grade | Very Thick | Very Deep |
| 2026-02-10 | 5.78 g/t Gold Equivalent over 4.4 m from 736.8 m | Very High Grade | Thick | Very Deep |
| 2026-02-10 | 5.14 g/t Gold Equivalent over 15.6 m from 648.5 m | Very High Grade | Very Thick | Very Deep |
| 2026-02-10 | 1.35 g/t Gold Equivalent over 267.0 m from 640.0 m | High Grade | Very Thick | Very Deep |
| 2026-02-10 | 1.68 g/t Gold Equivalent over 101.2 m from 640.0 m | High Grade | Very Thick | Very Deep |
| 2026-02-10 | 1.42 g/t Gold Equivalent over 25.0 m from 365.0 m | High Grade | Very Thick | Deep |
| 2026-02-10 | 8.51 g/t Gold Equivalent over 8.4 m from 248.0 m | Very High Grade | Very Thick | Deep |
| 2026-02-10 | 1.01 g/t Gold Equivalent over 729.0 m from 196.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 2.56 g/t Gold Equivalent over 60.4 m from 196.0 m | High 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.