Fenton 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
Fenton 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 (moderate elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under thick 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 very high grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2018-06-05 | 12.10 g/t Gold over 1.0 m from 405.6 m | Very High Grade | Thin | Deep |
| 2018-06-05 | 1.50 g/t Gold over 64.7 m from 512.3 m | High Grade | Very Thick | Very Deep |
| 2018-06-05 | 1.10 g/t Gold over 11.0 m from 660.0 m | Moderate Grade | Very Thick | Very Deep |
| 2018-06-05 | 11.60 g/t Gold over 1.0 m from 366.0 m | Very High Grade | Thin | Deep |
| 2018-06-05 | 7.40 g/t Gold over 2.0 m from 365.0 m | Very High Grade | Moderate Thickness | Deep |
| 2018-06-05 | 29.60 g/t Gold over 2.0 m from 556.0 m | Very High Grade | Moderate Thickness | Very Deep |
| 2018-06-05 | 3.40 g/t Gold over 20.0 m from 556.0 m | High Grade | Very Thick | Very Deep |
| 2018-06-05 | 4.50 g/t Gold over 2.2 m from 517.0 m | Very High Grade | Thick | Very Deep |
| 2018-06-05 | 8.20 g/t Gold over 1.0 m from 666.0 m | Very High Grade | Thin | Very Deep |
| 2018-06-05 | 0.90 g/t Gold over 32.6 m from 405.6 m | Moderate Grade | Very Thick | Deep |
| 2018-06-05 | 3.20 g/t Gold over 2.0 m from 509.9 m | High Grade | Moderate Thickness | Very Deep |
| 2018-06-05 | 0.90 g/t Gold over 9.0 m from 508.4 m | Moderate Grade | Very Thick | Very Deep |
| 2018-01-31 | 3.80 g/t Gold over 11.0 m from 191.0 m | High Grade | Very Thick | Moderate Depth |
| 2018-01-31 | 7.00 g/t Gold over 1.0 m from 343.7 m | Very High Grade | Thin | Deep |
| 2018-01-31 | 0.50 g/t Gold over 35.2 m from 343.7 m | Moderate Grade | Very 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.