HWY 37 - Hank 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
HWY 37 - Hank 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 (high elevation, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under thin 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 high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-11-10 | 0.31 g/t Gold Equivalent over 548.1 m from 249.0 m | Moderate Grade | Very Thick | Deep |
| 2025-11-10 | 0.43 g/t Gold Equivalent over 124.2 m from 426.6 m | Moderate Grade | Very Thick | Deep |
| 2025-11-10 | 0.51 g/t Gold Equivalent over 6.0 m from 118.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-11-10 | 0.32 g/t Gold Equivalent over 16.0 m from 201.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-11-10 | 0.33 g/t Gold Equivalent over 14.0 m from 233.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-11-10 | 0.49 g/t Gold Equivalent over 10.0 m from 405.0 m | Moderate Grade | Very Thick | Deep |
| 2025-11-10 | 0.61 g/t Gold Equivalent over 6.3 m from 101.7 m | Moderate Grade | Thick | Moderate Depth |
| 2025-11-10 | 0.96 g/t Gold Equivalent over 4.0 m from 160.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-11-10 | 2.41 g/t Gold Equivalent over 0.9 m from 487.5 m | High Grade | Thin | Very Deep |
| 2025-11-10 | 0.45 g/t Gold Equivalent over 6.0 m from 504.0 m | Moderate Grade | Thick | Very Deep |
| 2025-11-10 | 0.87 g/t Gold Equivalent over 234.4 m from 328.1 m | Moderate Grade | Very Thick | Deep |
| 2025-11-10 | 0.28 g/t Gold Equivalent over 241.0 m from 192.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-11-10 | 0.47 g/t Gold Equivalent over 110.0 m from 197.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-09-10 | 0.87 g/t Gold Equivalent over 234.3 m from 328.1 m | Moderate Grade | Very Thick | Deep |
| 2025-09-10 | 0.56 g/t Gold Equivalent over 557.8 m from 328.1 m | Moderate Grade | Very Thick | 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.