Francisco I and II 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
Francisco I and II is located in Argentina, South America. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (very high elevation, very high relief, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid volcanic rocks, under very thick lithosphere with moderately thick 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 low grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-02-07 | 0.71 g/t Gold Equivalent over 6.0 m from 42.0 m | Moderate Grade | Thick | Shallow |
| 2013-02-07 | 2.56 g/t Gold Equivalent over 2.0 m from 66.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2013-02-07 | 0.97 g/t Gold Equivalent over 2.0 m from 134.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-02-07 | 1.55 g/t Gold Equivalent over 2.0 m from 148.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2013-02-07 | 0.88 g/t Gold Equivalent over 2.0 m from 214.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2013-02-07 | 0.39 g/t Gold Equivalent over 4.0 m from 24.0 m | Moderate Grade | Thick | Shallow |
| 2013-02-07 | 0.39 g/t Gold Equivalent over 10.0 m from 244.0 m | Moderate Grade | Very Thick | Deep |
| 2013-02-07 | 0.24 g/t Gold Equivalent over 36.0 m from 2.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-02-07 | 0.38 g/t Gold Equivalent over 18.0 m from 6.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-02-07 | 0.25 g/t Gold Equivalent over 252.0 m from 168.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-02-07 | 0.35 g/t Gold Equivalent over 146.0 m from 274.0 m | Moderate Grade | Very Thick | Deep |
| 2013-02-07 | 0.27 g/t Gold Equivalent over 116.0 m from 232.0 m | Moderate 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.