64North 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
64North is located in United States, North America. The surrounding region has historically demonstrated a low potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-12-12 | 6.68 g/t Gold over 1.0 m from 93.0 m | Very High Grade | Thin | Moderate Depth |
| 2022-12-12 | 1.53 g/t Gold over 0.3 m from 528.0 m | High Grade | Very Thin | Very Deep |
| 2022-12-12 | 0.53 g/t Gold over 0.8 m from 51.7 m | Moderate Grade | Thin | Moderate Depth |
| 2022-12-12 | 1.10 g/t Gold over 7.0 m from 169.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-12-12 | 1.64 g/t Gold over 1.0 m from 175.0 m | High Grade | Thin | Moderate Depth |
| 2022-12-12 | 0.62 g/t Gold over 0.5 m from 207.5 m | Moderate Grade | Very Thin | Moderate Depth |
| 2022-12-12 | 0.86 g/t Gold over 0.8 m from 216.5 m | Moderate Grade | Thin | Moderate Depth |
| 2022-12-12 | 0.50 g/t Gold over 0.6 m from 253.0 m | Moderate Grade | Thin | Deep |
| 2022-12-12 | 1.19 g/t Gold over 0.9 m from 403.0 m | Moderate Grade | Thin | Deep |
| 2022-12-12 | 0.63 g/t Gold over 1.0 m from 433.0 m | Moderate Grade | Thin | Deep |
| 2022-12-12 | 0.53 g/t Gold over 0.3 m from 441.1 m | Moderate Grade | Very Thin | Deep |
| 2022-12-12 | 0.56 g/t Gold over 1.0 m from 508.0 m | Moderate Grade | Thin | Very Deep |
| 2022-12-12 | 0.51 g/t Gold over 0.8 m from 510.0 m | Moderate Grade | Thin | Very Deep |
| 2022-12-12 | 0.56 g/t Gold over 1.0 m from 430.0 m | Moderate Grade | Thin | Deep |
| 2022-12-12 | 2.81 g/t Gold over 0.6 m from 537.0 m | High Grade | Thin | Very 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.