Root and Cellar 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
Root and Cellar is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is proximal to other gold properties. Physical setting (low elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin lithosphere with moderately thick sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average moderate grade, very short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-10-20 | 0.60 g/t Gold Equivalent over 1.2 m from 30.1 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-10-20 | 0.35 g/t Gold Equivalent over 0.9 m from 29.2 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 0.46 g/t Gold Equivalent over 1.1 m from 28.1 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-10-20 | 0.43 g/t Gold Equivalent over 1.0 m from 27.1 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 0.33 g/t Gold Equivalent over 0.6 m from 26.6 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 0.23 g/t Gold Equivalent over 0.8 m from 25.7 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 0.13 g/t Gold Equivalent over 0.7 m from 25.0 m | Low Grade | Thin | Shallow |
| 2025-10-20 | 0.65 g/t Gold Equivalent over 24.9 m from 24.6 m | Moderate Grade | Very Thick | Shallow |
| 2025-10-20 | 0.22 g/t Gold Equivalent over 0.4 m from 24.6 m | Moderate Grade | Very Thin | Shallow |
| 2025-10-20 | 0.78 g/t Gold Equivalent over 1.0 m from 31.3 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-10-20 | 0.65 g/t Gold Equivalent over 1.0 m from 32.4 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 0.85 g/t Gold Equivalent over 0.8 m from 33.4 m | Moderate Grade | Thin | Shallow |
| 2025-10-20 | 2.29 g/t Gold Equivalent over 0.6 m from 34.1 m | High Grade | Thin | Shallow |
| 2025-10-20 | 2.03 g/t Gold Equivalent over 0.4 m from 134.1 m | High Grade | Very Thin | Moderate Depth |
| 2025-10-20 | 1.86 g/t Gold Equivalent over 0.5 m from 133.6 m | High Grade | Very 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.