Project 81 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
Project 81 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, low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under 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 Equivalent) average high grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2018-07-05 | 1.21 g/t Gold Equivalent over 13.5 m from 118.0 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 1.22 g/t Gold Equivalent over 36.5 m from 101.5 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 2.08 g/t Gold Equivalent over 16.9 m from 100.6 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 1.45 g/t Gold Equivalent over 37.5 m from 98.5 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 2.64 g/t Gold Equivalent over 11.0 m from 80.0 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 2.03 g/t Gold Equivalent over 15.0 m from 76.0 m | High Grade | Very Thick | Moderate Depth |
2018-07-05 | 1.42 g/t Gold Equivalent over 5.0 m from 57.5 m | High Grade | Thick | Moderate Depth |
2018-07-05 | 2.69 g/t Gold Equivalent over 9.3 m from 128.0 m | High Grade | Very Thick | Moderate Depth |
2018-06-27 | 2.07 g/t Gold Equivalent over 1.5 m from 57.5 m | High Grade | Moderate Thickness | Moderate Depth |
2018-06-27 | 5.37 g/t Gold Equivalent over 2.8 m from 188.8 m | Very High Grade | Thick | Moderate Depth |
2018-06-27 | 1.27 g/t Gold Equivalent over 36.5 m from 101.5 m | High Grade | Very Thick | Moderate Depth |
2018-06-27 | 2.79 g/t Gold Equivalent over 6.3 m from 131.0 m | High Grade | Thick | Moderate Depth |
2018-06-27 | 4.33 g/t Gold Equivalent over 5.1 m from 188.8 m | High Grade | Thick | Moderate Depth |
2018-06-27 | 2.61 g/t Gold Equivalent over 2.2 m from 150.8 m | High Grade | Thick | Moderate Depth |
2018-06-27 | 1.18 g/t Gold Equivalent over 3.0 m from 145.0 m | Moderate Grade | Thick | 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.