Baner 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
Baner is located in United States, 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, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under thin 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 high grade, moderate length, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-10 | 3.70 g/t Gold over 1.6 m from 141.7 m | High Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 6.00 g/t Gold over 3.1 m from 134.1 m | Very High Grade | Thick | Moderate Depth |
| 2026-02-10 | 1.00 g/t Gold over 4.5 m from 0.0 m | Moderate Grade | Thick | Very Shallow |
| 2026-02-10 | 0.34 g/t Gold over 1.6 m from 9.1 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2026-02-10 | 0.27 g/t Gold over 1.5 m from 70.1 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 0.26 g/t Gold over 1.5 m from 89.9 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 0.79 g/t Gold over 19.8 m from 143.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 2.33 g/t Gold over 1.5 m from 0.0 m | High Grade | Moderate Thickness | Very Shallow |
| 2026-02-10 | 0.69 g/t Gold over 1.5 m from 48.8 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 1.59 g/t Gold over 7.6 m from 143.3 m | High Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 1.90 g/t Gold over 13.7 m from 125.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-02-10 | 4.90 g/t Gold over 1.5 m from 125.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2026-02-10 | 4.64 g/t Gold over 4.6 m from 134.1 m | Very High Grade | Thick | Moderate Depth |
| 2026-02-10 | 0.25 g/t Gold over 13.8 m from 41.1 m | Moderate Grade | Very Thick | Shallow |
| 2026-02-10 | 0.22 g/t Gold over 1.5 m from 54.9 m | Moderate Grade | Moderate Thickness | 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.