Ogden 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
Ogden 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, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under 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) average very high grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-11-15 | 5.13 g/t Gold over 4.3 m from 361.8 m | Very High Grade | Thick | Deep |
| 2022-11-15 | 3.66 g/t Gold over 14.7 m from 351.4 m | High Grade | Very Thick | Deep |
| 2022-11-15 | 12.70 g/t Gold over 0.7 m from 405.5 m | Very High Grade | Thin | Deep |
| 2022-11-15 | 1.96 g/t Gold over 3.4 m from 357.4 m | High Grade | Thick | Deep |
| 2022-11-15 | 0.35 g/t Gold over 7.8 m from 142.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-08-18 | 4.71 g/t Gold over 2.0 m from 354.3 m | Very High Grade | Thick | Deep |
| 2022-08-18 | 12.30 g/t Gold over 1.0 m from 284.9 m | Very High Grade | Moderate Thickness | Deep |
| 2022-08-18 | 1.13 g/t Gold over 12.1 m from 324.6 m | Moderate Grade | Very Thick | Deep |
| 2022-08-18 | 5.01 g/t Gold over 1.0 m from 313.1 m | Very High Grade | Thin | Deep |
| 2022-08-18 | 1.67 g/t Gold over 3.4 m from 373.0 m | High Grade | Thick | Deep |
| 2022-08-18 | 4.24 g/t Gold over 5.6 m from 346.2 m | High Grade | Thick | Deep |
| 2022-01-27 | 5.31 g/t Gold over 2.1 m from 240.9 m | Very High Grade | Thick | Deep |
| 2022-01-27 | 3.49 g/t Gold over 3.5 m from 245.2 m | High Grade | Thick | Deep |
| 2022-01-27 | 1.36 g/t Gold over 6.9 m from 263.3 m | High Grade | Very Thick | Deep |
| 2022-01-27 | 1.19 g/t Gold over 6.1 m from 240.0 m | Moderate Grade | 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.