Hillside 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
Hillside is located in Zimbabwe, Africa. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (high elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under moderately 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, short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-01-29 | 0.44 g/t Gold over 1.0 m from 8.0 m | Moderate Grade | Thin | Very Shallow |
| 2026-01-29 | 2.57 g/t Gold over 1.0 m from 63.0 m | High Grade | Thin | Moderate Depth |
| 2026-01-29 | 0.98 g/t Gold over 4.0 m from 83.0 m | Moderate Grade | Thick | Moderate Depth |
| 2026-01-29 | 0.51 g/t Gold over 1.0 m from 48.0 m | Moderate Grade | Thin | Shallow |
| 2026-01-29 | 0.54 g/t Gold over 3.0 m from 0.0 m | Moderate Grade | Thick | Very Shallow |
| 2026-01-29 | 2.39 g/t Gold over 1.0 m from 83.0 m | High Grade | Thin | Moderate Depth |
| 2026-01-29 | 2.98 g/t Gold over 1.0 m from 76.0 m | High Grade | Thin | Moderate Depth |
| 2026-01-29 | 5.88 g/t Gold over 1.0 m from 90.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-01-29 | 31.34 g/t Gold over 1.0 m from 75.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-01-29 | 1.94 g/t Gold over 1.0 m from 141.0 m | High Grade | Thin | Moderate Depth |
| 2026-01-29 | 0.85 g/t Gold over 1.0 m from 136.0 m | Moderate Grade | Thin | Moderate Depth |
| 2026-01-29 | 4.00 g/t Gold over 11.0 m from 75.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 1.22 g/t Gold over 9.0 m from 90.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.77 g/t Gold over 1.0 m from 70.0 m | Moderate Grade | Thin | Moderate Depth |
| 2026-01-29 | 0.30 g/t Gold over 1.0 m from 51.0 m | Moderate Grade | Thin | 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.