Lac Bousquet 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
Lac Bousquet 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, very low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, 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 high grade, short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-09 | 0.11 g/t Gold over 1.5 m from 253.5 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 274.5 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 271.5 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 270.0 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 268.5 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 267.0 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 265.5 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 264.0 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 262.5 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 261.1 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 0.3 m from 260.8 m | Low Grade | Very Thin | Deep |
| 2026-02-09 | 0.08 g/t Gold over 1.3 m from 259.5 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 258.0 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.01 g/t Gold over 1.5 m from 256.5 m | Very Low Grade | Moderate Thickness | Deep |
| 2026-02-09 | 0.04 g/t Gold over 1.1 m from 255.4 m | Low Grade | Moderate Thickness | 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.