Excelsior Springs 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
Excelsior Springs is located in United States, 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 (very high elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic 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 Equivalent) average very high grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-09-14 | 1.10 g/t Gold Equivalent over 51.8 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2023-09-14 | 5.20 g/t Gold Equivalent over 34.0 m from 41.0 m | Very High Grade | Very Thick | Shallow |
| 2023-09-14 | 1.00 g/t Gold Equivalent over 6.1 m from 104.0 m | Moderate Grade | Thick | Moderate Depth |
| 2023-09-14 | 1.50 g/t Gold Equivalent over 6.1 m from 81.0 m | High Grade | Thick | Moderate Depth |
| 2023-09-14 | 0.60 g/t Gold Equivalent over 6.1 m from 67.0 m | Moderate Grade | Thick | Moderate Depth |
| 2023-09-14 | 1.20 g/t Gold Equivalent over 7.6 m from 69.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-09-14 | 5.60 g/t Gold Equivalent over 12.0 m from 44.0 m | Very High Grade | Very Thick | Shallow |
| 2023-09-14 | 5.00 g/t Gold Equivalent over 14.0 m from 78.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2023-09-14 | 6.00 g/t Gold Equivalent over 27.0 m from 40.0 m | Very High Grade | Very Thick | Shallow |
| 2023-09-14 | 2.22 g/t Gold Equivalent over 6.1 m from 74.7 m | High Grade | Thick | Moderate Depth |
| 2023-09-14 | 6.60 g/t Gold Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2023-01-10 | 0.37 g/t Gold Equivalent over 6.1 m from 16.8 m | Moderate Grade | Thick | Very Shallow |
| 2023-01-10 | 0.50 g/t Gold Equivalent over 15.2 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2023-01-10 | 0.50 g/t Gold Equivalent over 15.2 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-06-29 | 1.15 g/t Gold Equivalent over 20.0 m from 110.0 m | Moderate Grade | Very 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.