Wabamisk 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
Wabamisk is located in Canada, North America. The surrounding region has historically demonstrated a low potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, 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 Equivalent) average moderate grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-09 | 2.71 g/t Gold Equivalent over 4.1 m from 103.5 m | High Grade | Thick | Moderate Depth |
| 2026-02-09 | 0.19 g/t Gold Equivalent over 6.0 m from 35.5 m | Low Grade | Thick | Shallow |
| 2026-02-09 | 1.30 g/t Gold Equivalent over 3.0 m from 61.0 m | High Grade | Thick | Moderate Depth |
| 2026-02-09 | 0.48 g/t Gold Equivalent over 18.0 m from 59.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-02-09 | 0.39 g/t Gold Equivalent over 1.5 m from 59.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2026-02-09 | 3.04 g/t Gold Equivalent over 1.3 m from 73.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2026-02-09 | 0.33 g/t Gold Equivalent over 0.3 m from 21.5 m | Moderate Grade | Very Thin | Shallow |
| 2026-02-09 | 5.02 g/t Gold Equivalent over 1.0 m from 52.0 m | Very High Grade | Thin | Moderate Depth |
| 2026-02-09 | 1.29 g/t Gold Equivalent over 28.8 m from 23.7 m | High Grade | Very Thick | Shallow |
| 2026-02-09 | 3.26 g/t Gold Equivalent over 9.3 m from 35.5 m | High Grade | Very Thick | Shallow |
| 2026-02-09 | 4.03 g/t Gold Equivalent over 4.5 m from 23.5 m | High Grade | Thick | Shallow |
| 2026-02-09 | 2.10 g/t Gold Equivalent over 10.5 m from 23.5 m | High Grade | Very Thick | Shallow |
| 2026-02-09 | 10.84 g/t Gold Equivalent over 1.5 m from 26.5 m | Very High Grade | Moderate Thickness | Shallow |
| 2026-02-09 | 0.76 g/t Gold Equivalent over 16.3 m from 11.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-02-09 | 1.04 g/t Gold Equivalent over 10.3 m from 17.2 m | Moderate Grade | Very Thick | Very Shallow |
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.