Anik 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
Anik 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 (moderate elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin 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) average moderate grade, moderate length, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-06-15 | 9.76 g/t Gold over 1.5 m from 261.0 m | Very High Grade | Moderate Thickness | Deep |
| 2022-06-15 | 2.02 g/t Gold over 6.3 m from 256.2 m | High Grade | Thick | Deep |
| 2022-06-15 | 1.03 g/t Gold over 6.0 m from 183.0 m | Moderate Grade | Thick | Moderate Depth |
| 2022-06-15 | 0.21 g/t Gold over 10.5 m from 81.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-06-15 | 1.02 g/t Gold over 0.6 m from 70.5 m | Moderate Grade | Thin | Moderate Depth |
| 2022-06-15 | 2.06 g/t Gold over 1.5 m from 190.5 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-06-15 | 0.82 g/t Gold over 1.5 m from 163.5 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2022-06-15 | 0.87 g/t Gold over 1.5 m from 177.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2015-02-23 | 1.93 g/t Gold over 1.0 m from 58.0 m | High Grade | Thin | Moderate Depth |
| 2015-02-23 | 3.06 g/t Gold over 1.5 m from 165.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2015-02-23 | 1.28 g/t Gold over 8.0 m from 162.8 m | High Grade | Very Thick | Moderate Depth |
| 2015-02-23 | 1.06 g/t Gold over 1.0 m from 84.0 m | Moderate Grade | Thin | Moderate Depth |
| 2015-02-23 | 1.47 g/t Gold over 3.0 m from 77.0 m | High Grade | Thick | Moderate Depth |
| 2015-02-23 | 1.27 g/t Gold over 1.0 m from 19.0 m | High Grade | Thin | Shallow |
| 2015-02-23 | 1.60 g/t Gold over 2.0 m from 69.0 m | High Grade | Moderate Thickness | 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.