La Patilla 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
La Patilla 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 (very high elevation, very high relief, dry 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) average very high grade, very long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2014-04-24 | 0.90 g/t Gold over 13.7 m from 3.6 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-04-24 | 0.80 g/t Gold over 38.9 m from 3.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-04-24 | 1.10 g/t Gold over 26.3 m from 15.7 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-04-24 | 0.80 g/t Gold over 31.6 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-04-24 | 1.90 g/t Gold over 10.8 m from 34.5 m | High Grade | Very Thick | Shallow |
| 2014-04-24 | 6.80 g/t Gold over 2.3 m from 39.2 m | Very High Grade | Thick | Shallow |
| 2014-04-24 | 3.10 g/t Gold over 30.0 m from 11.0 m | High Grade | Very Thick | Very Shallow |
| 2014-04-24 | 10.40 g/t Gold over 8.5 m from 32.5 m | Very High Grade | Very Thick | Shallow |
| 2014-04-24 | 82.30 g/t Gold over 1.0 m from 38.5 m | Very High Grade | Thin | 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.