Grey River 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
Grey River is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is 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 moderately thick sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average high grade, very short, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-01-16 | 1.18 g/t Gold over 1.0 m from 107.0 m | Moderate Grade | Thin | Moderate Depth |
| 2023-01-16 | 0.46 g/t Gold over 0.9 m from 255.0 m | Moderate Grade | Thin | Deep |
| 2023-01-16 | 3.22 g/t Gold over 1.0 m from 63.0 m | High Grade | Thin | Moderate Depth |
| 2023-01-16 | 1.19 g/t Gold over 1.0 m from 27.0 m | Moderate Grade | Thin | Shallow |
| 2023-01-16 | 3.62 g/t Gold over 0.5 m from 131.8 m | High Grade | Very Thin | Moderate Depth |
| 2023-01-16 | 1.57 g/t Gold over 2.0 m from 131.8 m | High Grade | Moderate Thickness | Moderate Depth |
| 2023-01-16 | 1.14 g/t Gold over 1.7 m from 47.6 m | Moderate Grade | Moderate Thickness | Shallow |
| 2022-03-16 | 1.40 g/t Gold over 1.6 m from 33.4 m | High Grade | Moderate Thickness | Shallow |
| 2022-03-16 | 1.67 g/t Gold over 0.9 m from 95.9 m | High Grade | Thin | Moderate Depth |
| 2022-03-16 | 0.29 g/t Gold over 6.4 m from 93.0 m | Moderate Grade | Thick | Moderate Depth |
| 2022-03-16 | 1.36 g/t Gold over 2.9 m from 128.1 m | High Grade | Thick | Moderate Depth |
| 2022-03-16 | 1.25 g/t Gold over 0.3 m from 115.5 m | High Grade | Very Thin | Moderate Depth |
| 2022-03-16 | 1.37 g/t Gold over 4.0 m from 164.0 m | High Grade | Thick | Moderate Depth |
| 2022-03-16 | 1.78 g/t Gold over 2.0 m from 124.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-03-16 | 8.22 g/t Gold over 0.8 m from 101.0 m | Very High Grade | Thin | 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.