Rabbit North 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
Rabbit North is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic 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 Equivalent) average very high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2025-07-22 | 1.76 g/t Gold Equivalent over 14.1 m from 231.0 m | High Grade | Very Thick | Moderate Depth |
2025-07-22 | 4.10 g/t Gold Equivalent over 0.5 m from 220.4 m | High Grade | Very Thin | Moderate Depth |
2025-07-22 | 5.46 g/t Gold Equivalent over 2.2 m from 210.8 m | Very High Grade | Thick | Moderate Depth |
2025-07-22 | 3.24 g/t Gold Equivalent over 1.1 m from 160.0 m | High Grade | Moderate Thickness | Moderate Depth |
2025-07-22 | 0.81 g/t Gold Equivalent over 18.2 m from 116.5 m | Moderate Grade | Very Thick | Moderate Depth |
2025-07-10 | 4.51 g/t Gold Equivalent over 2.2 m from 51.7 m | Very High Grade | Thick | Moderate Depth |
2025-07-10 | 2.25 g/t Gold Equivalent over 3.0 m from 207.0 m | High Grade | Thick | Moderate Depth |
2025-07-10 | 51.30 g/t Gold Equivalent over 1.9 m from 87.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
2025-07-10 | 23.63 g/t Gold Equivalent over 6.0 m from 84.1 m | Very High Grade | Thick | Moderate Depth |
2025-07-10 | 28.64 g/t Gold Equivalent over 4.8 m from 84.1 m | Very High Grade | Thick | Moderate Depth |
2025-07-10 | 1.49 g/t Gold Equivalent over 3.1 m from 64.5 m | High Grade | Thick | Moderate Depth |
2025-07-10 | 1.78 g/t Gold Equivalent over 1.8 m from 58.3 m | High Grade | Moderate Thickness | Moderate Depth |
2025-07-10 | 1.75 g/t Gold Equivalent over 2.7 m from 45.0 m | High Grade | Thick | Shallow |
2025-07-10 | 4.85 g/t Gold Equivalent over 0.9 m from 201.0 m | Very High Grade | Thin | Moderate Depth |
2025-07-10 | 3.28 g/t Gold Equivalent over 7.6 m from 137.4 m | High Grade | Very 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.