Cobalt Hill 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
Cobalt Hill is located in Canada, North America. The surrounding region has historically demonstrated a high 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 Metamorphics, under moderately thick lithosphere with thin sedimentary cover in a Middle Proterozoic 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 |
|---|---|---|---|---|
| 2022-06-13 | 0.35 g/t Gold Equivalent over 36.6 m from 69.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-06-13 | 0.26 g/t Gold Equivalent over 69.2 m from 2.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-06-13 | 2.59 g/t Gold Equivalent over 4.6 m from 166.7 m | High Grade | Thick | Moderate Depth |
| 2022-06-13 | 2.64 g/t Gold Equivalent over 5.5 m from 93.8 m | High Grade | Thick | Moderate Depth |
| 2022-06-13 | 1.38 g/t Gold Equivalent over 13.4 m from 90.4 m | High Grade | Very Thick | Moderate Depth |
| 2022-06-13 | 0.89 g/t Gold Equivalent over 97.5 m from 84.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-06-13 | 0.18 g/t Gold Equivalent over 47.7 m from 6.2 m | Low Grade | Very Thick | Very Shallow |
| 2022-06-13 | 5.53 g/t Gold Equivalent over 1.4 m from 61.7 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2022-06-13 | 0.84 g/t Gold Equivalent over 42.4 m from 51.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-06-13 | 2.35 g/t Gold Equivalent over 7.0 m from 1.8 m | High Grade | Very Thick | Very Shallow |
| 2022-06-13 | 0.70 g/t Gold Equivalent over 38.8 m from 1.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-06-13 | 0.16 g/t Gold Equivalent over 133.5 m from 203.3 m | Low Grade | Very Thick | Moderate Depth |
| 2022-06-13 | 1.57 g/t Gold Equivalent over 0.9 m from 83.1 m | High Grade | Thin | Moderate Depth |
| 2022-06-13 | 1.13 g/t Gold Equivalent over 8.3 m from 2.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-06-13 | 1.21 g/t Gold Equivalent over 16.9 m from 264.2 m | High 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.