Linderos 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
Linderos is located in Ecuador, South America. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (high elevation, very high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under 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 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 |
|---|---|---|---|---|
| 2026-07-21 | 0.71 g/t Gold Equivalent over 33.8 m from 316.2 m | Moderate Grade | Very Thick | Deep |
| 2026-07-21 | 0.15 g/t Gold Equivalent over 45.0 m from 629.0 m | Low Grade | Very Thick | Very Deep |
| 2026-07-21 | 0.19 g/t Gold Equivalent over 122.2 m from 444.3 m | Low Grade | Very Thick | Deep |
| 2026-07-21 | 0.20 g/t Gold Equivalent over 92.1 m from 176.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-07-21 | 0.34 g/t Gold Equivalent over 92.8 m from 906.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-07-21 | 0.53 g/t Gold Equivalent over 164.8 m from 412.0 m | Moderate Grade | Very Thick | Deep |
| 2026-07-21 | 0.83 g/t Gold Equivalent over 20.0 m from 330.0 m | Moderate Grade | Very Thick | Deep |
| 2026-07-21 | 0.37 g/t Gold Equivalent over 700.3 m from 270.3 m | Moderate Grade | Very Thick | Deep |
| 2026-07-21 | 0.18 g/t Gold Equivalent over 26.3 m from 134.8 m | Low Grade | Very Thick | Moderate Depth |
| 2026-07-21 | 0.24 g/t Gold Equivalent over 195.4 m from 793.4 m | Moderate Grade | Very Thick | Very Deep |
| 2026-07-21 | 0.24 g/t Gold Equivalent over 140.9 m from 524.1 m | Moderate Grade | Very Thick | Very Deep |
| 2026-07-21 | 0.37 g/t Gold Equivalent over 102.3 m from 287.7 m | Moderate Grade | Very Thick | Deep |
| 2026-07-21 | 0.32 g/t Gold Equivalent over 302.3 m from 197.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-07-21 | 0.27 g/t Gold Equivalent over 210.5 m from 364.7 m | Moderate Grade | Very Thick | Deep |
| 2025-09-11 | 0.29 g/t Gold Equivalent over 16.0 m from 148.0 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.