QCM 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
QCM is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with thin sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, very long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-10-10 | 1.08 g/t Gold over 4.0 m from 219.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-10-10 | 0.22 g/t Gold over 37.0 m from 184.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-10-10 | 0.22 g/t Gold over 5.0 m from 222.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-10-10 | 0.38 g/t Gold over 40.0 m from 8.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-10-10 | 0.32 g/t Gold over 3.5 m from 213.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-10-10 | 1.13 g/t Gold over 1.1 m from 209.9 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-10-10 | 1.09 g/t Gold over 0.9 m from 206.9 m | Moderate Grade | Thin | Moderate Depth |
| 2025-10-10 | 1.17 g/t Gold over 1.0 m from 204.0 m | Moderate Grade | Thin | Moderate Depth |
| 2025-10-10 | 1.30 g/t Gold over 4.0 m from 194.0 m | High Grade | Thick | Moderate Depth |
| 2025-10-10 | 1.60 g/t Gold over 1.0 m from 191.0 m | High Grade | Thin | Moderate Depth |
| 2025-10-10 | 0.19 g/t Gold over 23.0 m from 191.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-10-10 | 0.39 g/t Gold over 58.9 m from 189.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-10-10 | 2.52 g/t Gold over 2.0 m from 179.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-10-10 | 0.25 g/t Gold over 32.0 m from 139.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-10-10 | 1.52 g/t Gold over 1.0 m from 174.0 m | High 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.