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 |
|---|---|---|---|---|
| 2025-11-17 | 0.59 g/t Gold over 71.6 m from 131.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-11-17 | 0.20 g/t Gold over 1.6 m from 9.1 m | Low Grade | Moderate Thickness | Very Shallow |
| 2025-11-17 | 0.20 g/t Gold over 1.6 m from 135.6 m | Low Grade | Moderate Thickness | Moderate Depth |
| 2025-11-17 | 0.59 g/t Gold over 1.5 m from 131.1 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-11-17 | 1.16 g/t Gold over 3.1 m from 109.7 m | Moderate Grade | Thick | Moderate Depth |
| 2025-11-17 | 0.40 g/t Gold over 1.5 m from 99.1 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-11-17 | 0.49 g/t Gold over 1.5 m from 67.1 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-11-17 | 2.70 g/t Gold over 1.5 m from 50.3 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-11-17 | 0.29 g/t Gold over 3.1 m from 41.1 m | Moderate Grade | Thick | Shallow |
| 2025-11-17 | 0.23 g/t Gold over 1.5 m from 35.1 m | Moderate Grade | Moderate Thickness | Shallow |
| 2025-11-17 | 1.25 g/t Gold over 1.5 m from 22.9 m | High Grade | Moderate Thickness | Shallow |
| 2025-11-17 | 0.27 g/t Gold over 1.6 m from 15.2 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2025-11-17 | 0.37 g/t Gold over 3.1 m from 160.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-11-17 | 0.32 g/t Gold over 88.4 m from 59.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-11-17 | 0.98 g/t Gold over 1.5 m from 143.3 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.