Jake Creek 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
Jake Creek is located in United States, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-02-24 | 0.90 g/t Gold over 39.6 m from 256.1 m | Moderate Grade | Very Thick | Deep |
| 2012-02-24 | 0.40 g/t Gold over 3.1 m from 283.5 m | Moderate Grade | Thick | Deep |
| 2012-02-24 | 0.40 g/t Gold over 1.5 m from 0.0 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2012-02-24 | 3.10 g/t Gold over 1.5 m from 323.1 m | High Grade | Moderate Thickness | Deep |
| 2012-02-24 | 0.60 g/t Gold over 16.7 m from 321.6 m | Moderate Grade | Very Thick | Deep |
| 2012-02-24 | 0.40 g/t Gold over 6.1 m from 172.3 m | Moderate Grade | Thick | Moderate Depth |
| 2012-02-24 | 0.30 g/t Gold over 6.1 m from 161.6 m | Moderate Grade | Thick | Moderate Depth |
| 2012-02-24 | 0.60 g/t Gold over 7.6 m from 181.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-24 | 0.40 g/t Gold over 1.5 m from 309.4 m | Moderate Grade | Moderate Thickness | Deep |
| 2012-02-24 | 0.60 g/t Gold over 1.5 m from 160.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2012-02-24 | 0.40 g/t Gold over 1.5 m from 185.9 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2012-02-24 | 0.90 g/t Gold over 12.2 m from 268.2 m | Moderate Grade | Very Thick | Deep |
| 2012-02-24 | 0.40 g/t Gold over 12.2 m from 250.0 m | Moderate Grade | Very Thick | Deep |
| 2012-02-24 | 0.40 g/t Gold over 3.1 m from 207.2 m | Moderate Grade | Thick | Moderate Depth |
| 2012-02-24 | 0.60 g/t Gold over 3.1 m from 271.3 m | Moderate 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.