Highland 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
Highland 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, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic 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) average very high grade, moderate length, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2021-06-30 | 12.24 g/t Gold over 6.1 m from 134.1 m | Very High Grade | Thick | Moderate Depth |
| 2021-06-30 | 21.74 g/t Gold over 3.0 m from 135.6 m | Very High Grade | Thick | Moderate Depth |
| 2021-06-30 | 9.93 g/t Gold over 9.1 m from 173.7 m | Very High Grade | Very Thick | Moderate Depth |
| 2021-06-30 | 50.16 g/t Gold over 1.5 m from 178.3 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2021-06-30 | 6.50 g/t Gold over 9.7 m from 205.1 m | Very High Grade | Very Thick | Moderate Depth |
| 2021-06-30 | 23.93 g/t Gold over 1.5 m from 213.4 m | Very 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.