Stony Lake 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
Stony Lake is located in Canada, 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 (very low elevation, moderate relief, continental 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 Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-10-18 | 0.77 g/t Gold over 1.9 m from 191.4 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2022-10-18 | 0.25 g/t Gold over 1.0 m from 315.1 m | Moderate Grade | Thin | Deep |
| 2022-10-18 | 1.91 g/t Gold over 20.4 m from 248.4 m | High Grade | Very Thick | Deep |
| 2022-10-18 | 1.52 g/t Gold over 31.8 m from 238.8 m | High Grade | Very Thick | Moderate Depth |
| 2022-10-18 | 2.13 g/t Gold over 1.8 m from 316.9 m | High Grade | Moderate Thickness | Deep |
| 2022-10-18 | 0.43 g/t Gold over 2.0 m from 305.8 m | Moderate Grade | Moderate Thickness | Deep |
| 2022-10-18 | 0.72 g/t Gold over 2.5 m from 237.5 m | Moderate Grade | Thick | Moderate Depth |
| 2022-10-18 | 1.23 g/t Gold over 1.4 m from 202.8 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-10-18 | 0.87 g/t Gold over 9.5 m from 155.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-10-18 | 0.46 g/t Gold over 1.0 m from 346.6 m | Moderate Grade | Thin | Deep |
| 2022-10-18 | 0.42 g/t Gold over 3.0 m from 288.5 m | Moderate Grade | Thick | Deep |
| 2022-10-18 | 0.33 g/t Gold over 3.0 m from 197.0 m | Moderate Grade | Thick | Moderate Depth |
| 2022-10-18 | 0.87 g/t Gold over 1.0 m from 170.4 m | Moderate Grade | Thin | Moderate Depth |
| 2022-10-18 | 2.63 g/t Gold over 1.4 m from 114.3 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-10-18 | 1.89 g/t Gold over 1.0 m from 106.5 m | High Grade | Thin | 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.