Mets 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
Mets 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 high elevation, high relief, polar climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with thick 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, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-11-28 | 5.61 g/t Gold Equivalent over 5.0 m from 17.5 m | Very High Grade | Thick | Shallow |
| 2023-11-28 | 16.41 g/t Gold Equivalent over 8.3 m from 50.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2023-09-11 | 5.11 g/t Gold Equivalent over 8.6 m from 45.0 m | Very High Grade | Very Thick | Shallow |
| 2023-09-11 | 8.97 g/t Gold Equivalent over 9.2 m from 71.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2023-09-11 | 14.89 g/t Gold Equivalent over 4.8 m from 75.4 m | Very High Grade | Thick | Moderate Depth |
| 2023-09-07 | 11.09 g/t Gold Equivalent over 20.0 m from 19.0 m | Very High Grade | Very Thick | Shallow |
| 2023-09-07 | 21.31 g/t Gold Equivalent over 7.0 m from 24.0 m | Very High 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.