Especularita 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
Especularita is located in Chile, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (high elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic 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 very low grade, very long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-09-01 | 0.49 g/t Gold Equivalent over 6.7 m from 43.1 m | Moderate Grade | Thick | Shallow |
| 2025-09-01 | 0.15 g/t Gold Equivalent over 121.5 m from 6.5 m | Low Grade | Very Thick | Very Shallow |
| 2025-09-01 | 0.10 g/t Gold Equivalent over 15.0 m from 8.0 m | Low Grade | Very Thick | Very Shallow |
| 2025-09-01 | 0.12 g/t Gold Equivalent over 3.0 m from 1.0 m | Low Grade | Thick | Very Shallow |
| 2025-09-01 | 0.23 g/t Gold Equivalent over 73.0 m from 11.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-01 | 0.30 g/t Gold Equivalent over 14.2 m from 11.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-01 | 0.21 g/t Gold Equivalent over 1.0 m from 128.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-09-01 | 0.17 g/t Gold Equivalent over 6.2 m from 36.0 m | Low Grade | Thick | Shallow |
| 2025-09-01 | 0.17 g/t Gold Equivalent over 3.0 m from 57.0 m | Low 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.