Munro-Croesus 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
Munro-Croesus 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 Complex lithology, 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, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-12-03 | 13.70 g/t Gold over 1.5 m from 64.8 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-12-03 | 9.10 g/t Gold over 2.6 m from 64.8 m | Very High Grade | Thick | Moderate Depth |
| 2025-12-03 | 5.10 g/t Gold over 5.0 m from 64.8 m | Very High Grade | Thick | Moderate Depth |
| 2025-12-03 | 19.70 g/t Gold over 1.0 m from 27.0 m | Very High Grade | Thin | Shallow |
| 2025-12-03 | 3.00 g/t Gold over 14.0 m from 21.0 m | High Grade | Very Thick | Shallow |
| 2025-12-03 | 2.40 g/t Gold over 3.0 m from 78.5 m | High Grade | Thick | Moderate Depth |
| 2025-12-03 | 1.00 g/t Gold over 14.0 m from 67.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-12-03 | 0.20 g/t Gold over 5.5 m from 302.5 m | Low Grade | Thick | Deep |
| 2025-12-03 | 3.00 g/t Gold over 1.5 m from 195.9 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-12-03 | 0.50 g/t Gold over 38.0 m from 55.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-12-03 | 0.20 g/t Gold over 7.0 m from 21.5 m | Low Grade | Very Thick | Shallow |
| 2025-12-03 | 1.20 g/t Gold over 26.2 m from 55.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-12-03 | 4.80 g/t Gold over 1.5 m from 303.5 m | Very High Grade | Moderate Thickness | Deep |
| 2025-12-03 | 2.10 g/t Gold over 21.2 m from 13.8 m | High Grade | Very Thick | Very Shallow |
| 2025-11-17 | 3.20 g/t Gold over 4.8 m from 59.0 m | High 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.