Berrigan 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
Berrigan 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 thin 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 moderate grade, short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-01-29 | 2.86 g/t Gold Equivalent over 6.2 m from 542.0 m | High Grade | Thick | Very Deep |
| 2026-01-29 | 0.43 g/t Gold Equivalent over 3.0 m from 423.3 m | Moderate Grade | Thick | Deep |
| 2026-01-29 | 2.77 g/t Gold Equivalent over 1.4 m from 405.3 m | High Grade | Moderate Thickness | Deep |
| 2026-01-29 | 9.27 g/t Gold Equivalent over 1.4 m from 251.2 m | Very High Grade | Moderate Thickness | Deep |
| 2026-01-29 | 4.66 g/t Gold Equivalent over 1.2 m from 238.7 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2026-01-29 | 6.56 g/t Gold Equivalent over 2.1 m from 185.0 m | Very High Grade | Thick | Moderate Depth |
| 2026-01-29 | 6.67 g/t Gold Equivalent over 2.0 m from 155.7 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2026-01-29 | 0.55 g/t Gold Equivalent over 20.1 m from 182.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 1.20 g/t Gold Equivalent over 98.5 m from 451.2 m | Moderate Grade | Very Thick | Deep |
| 2026-01-29 | 5.94 g/t Gold Equivalent over 4.9 m from 452.2 m | Very High Grade | Thick | Deep |
| 2026-01-29 | 1.45 g/t Gold Equivalent over 49.4 m from 500.4 m | High Grade | Very Thick | Very Deep |
| 2026-01-29 | 2.08 g/t Gold Equivalent over 14.6 m from 521.0 m | High Grade | Very Thick | Very Deep |
| 2026-01-29 | 1.85 g/t Gold Equivalent over 3.2 m from 537.9 m | High Grade | Thick | Very Deep |
| 2026-01-29 | 0.87 g/t Gold Equivalent over 8.4 m from 132.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.26 g/t Gold Equivalent over 6.0 m from 451.5 m | Moderate Grade | Thick | Deep |
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.