Kutuvuoma 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
Kutuvuoma is located in Finland, Europe. The surrounding region has historically demonstrated a high potential for gold endowment and is proximal to other gold properties. Physical setting (moderate elevation, low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under very thick lithosphere with thin sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average high grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-01-16 | 0.63 g/t Gold over 1.4 m from 424.4 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-01-16 | 1.32 g/t Gold over 0.7 m from 501.7 m | High Grade | Thin | Very Deep |
| 2024-01-16 | 0.19 g/t Gold over 3.0 m from 164.0 m | Low Grade | Thick | Moderate Depth |
| 2024-01-16 | 3.55 g/t Gold over 2.8 m from 169.8 m | High Grade | Thick | Moderate Depth |
| 2024-01-16 | 0.46 g/t Gold over 2.8 m from 210.7 m | Moderate Grade | Thick | Moderate Depth |
| 2024-01-16 | 0.37 g/t Gold over 2.1 m from 225.8 m | Moderate Grade | Thick | Moderate Depth |
| 2024-01-16 | 126.00 g/t Gold over 1.1 m from 455.8 m | Very High Grade | Moderate Thickness | Deep |
| 2024-01-16 | 28.64 g/t Gold over 4.9 m from 455.8 m | Very High Grade | Thick | Deep |
| 2024-01-16 | 0.56 g/t Gold over 1.4 m from 507.4 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-01-16 | 0.74 g/t Gold over 3.7 m from 346.8 m | Moderate Grade | Thick | Deep |
| 2024-01-16 | 0.35 g/t Gold over 2.8 m from 356.9 m | Moderate Grade | Thick | Deep |
| 2024-01-16 | 0.60 g/t Gold over 0.8 m from 362.8 m | Moderate Grade | Thin | Deep |
| 2024-01-16 | 0.41 g/t Gold over 1.2 m from 369.4 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-01-16 | 0.29 g/t Gold over 0.8 m from 378.8 m | Moderate Grade | Thin | Deep |
| 2023-05-10 | 0.65 g/t Gold over 30.2 m from 3.4 m | Moderate Grade | Very Thick | Very 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.