Kewagama 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
Kewagama 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 (moderate elevation, very 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) average very high grade, short, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2015-02-03 | 0.61 g/t Gold over 9.4 m from 629.1 m | Moderate Grade | Very Thick | Very Deep |
| 2015-02-03 | 5.42 g/t Gold over 1.5 m from 564.0 m | Very High Grade | Moderate Thickness | Very Deep |
| 2015-02-03 | 12.84 g/t Gold over 0.5 m from 333.9 m | Very High Grade | Very Thin | Deep |
| 2015-02-03 | 3.75 g/t Gold over 5.4 m from 341.8 m | High Grade | Thick | Deep |
| 2015-02-03 | 16.65 g/t Gold over 0.3 m from 397.6 m | Very High Grade | Very Thin | Deep |
| 2015-02-03 | 6.64 g/t Gold over 1.9 m from 603.6 m | Very High Grade | Moderate Thickness | Very Deep |
| 2015-02-03 | 466.48 g/t Gold over 0.3 m from 165.7 m | Very High Grade | Very Thin | Moderate Depth |
| 2015-02-03 | 3.31 g/t Gold over 3.5 m from 433.5 m | High Grade | Thick | Deep |
| 2015-02-03 | 1.83 g/t Gold over 13.1 m from 522.8 m | High Grade | Very Thick | Very Deep |
| 2015-02-03 | 8.10 g/t Gold over 0.9 m from 283.6 m | Very High Grade | Thin | Deep |
| 2015-02-03 | 67.74 g/t Gold over 0.4 m from 126.2 m | Very High Grade | Very Thin | Moderate Depth |
| 2015-02-03 | 2.91 g/t Gold over 4.3 m from 172.7 m | High Grade | Thick | Moderate Depth |
| 2015-02-03 | 79.72 g/t Gold over 0.3 m from 271.3 m | Very High Grade | Very Thin | Deep |
| 2015-02-03 | 5.10 g/t Gold over 4.5 m from 253.0 m | Very High Grade | Thick | Deep |
| 2015-02-03 | 2.79 g/t Gold over 2.4 m from 266.7 m | High Grade | Thick | Deep |
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.