QCM 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
QCM is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (very high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick 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 moderate grade, very long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-02-27 | 1.50 g/t Gold over 10.7 m from 74.7 m | High Grade | Very Thick | Moderate Depth |
| 2025-02-27 | 0.84 g/t Gold over 30.5 m from 71.7 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-27 | 1.74 g/t Gold over 8.2 m from 5.5 m | High Grade | Very Thick | Very Shallow |
| 2025-02-27 | 0.73 g/t Gold over 13.8 m from 139.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-27 | 1.07 g/t Gold over 42.7 m from 54.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-27 | 0.66 g/t Gold over 144.2 m from 9.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-02-27 | 1.11 g/t Gold over 51.8 m from 10.7 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-02-27 | 0.75 g/t Gold over 88.4 m from 3.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-12-15 | 0.65 g/t Gold over 114.3 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2022-12-15 | 0.43 g/t Gold over 118.9 m from 3.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-12-15 | 0.94 g/t Gold over 24.4 m from 97.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-12-15 | 0.78 g/t Gold over 99.1 m from 12.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-12-15 | 1.16 g/t Gold over 38.1 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2022-12-15 | 0.59 g/t Gold over 149.3 m from 3.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-10-25 | 0.25 g/t Gold over 47.2 m from 29.0 m | Moderate Grade | Very Thick | 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.