Root and Cellar 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
Root and Cellar 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 (low elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin 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 Equivalent) average very high grade, very short, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-11-30 | 0.60 g/t Gold Equivalent over 34.0 m from 12.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2023-11-30 | 9.19 g/t Gold Equivalent over 0.6 m from 23.5 m | Very High Grade | Thin | Shallow |
| 2023-11-30 | 1.28 g/t Gold Equivalent over 0.4 m from 28.4 m | High Grade | Very Thin | Shallow |
| 2023-11-30 | 1.56 g/t Gold Equivalent over 1.0 m from 30.0 m | High Grade | Thin | Shallow |
| 2023-11-30 | 1.38 g/t Gold Equivalent over 0.8 m from 39.0 m | High Grade | Thin | Shallow |
| 2023-11-30 | 1.05 g/t Gold Equivalent over 0.4 m from 40.4 m | Moderate Grade | Very Thin | Shallow |
| 2023-11-30 | 4.82 g/t Gold Equivalent over 0.6 m from 30.2 m | Very High Grade | Thin | Shallow |
| 2023-11-30 | 5.90 g/t Gold Equivalent over 2.0 m from 30.2 m | Very High Grade | Moderate Thickness | Shallow |
| 2023-11-30 | 7.51 g/t Gold Equivalent over 1.0 m from 30.8 m | Very High Grade | Thin | Shallow |
| 2023-11-30 | 3.66 g/t Gold Equivalent over 0.4 m from 31.8 m | High Grade | Very Thin | Shallow |
| 2023-11-30 | 23.66 g/t Gold Equivalent over 0.5 m from 1.2 m | Very High Grade | Very Thin | Very Shallow |
| 2023-11-30 | 10.40 g/t Gold Equivalent over 1.5 m from 1.2 m | Very High Grade | Moderate Thickness | Very Shallow |
| 2023-11-30 | 1.59 g/t Gold Equivalent over 0.5 m from 1.8 m | High Grade | Very Thin | Very Shallow |
| 2023-11-30 | 5.65 g/t Gold Equivalent over 0.5 m from 2.2 m | Very High Grade | Thin | Very Shallow |
| 2023-11-30 | 2.39 g/t Gold Equivalent over 0.5 m from 22.8 m | High Grade | Very Thin | Shallow |
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.