Captain 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
Captain is located in Canada, North America. The surrounding region has historically demonstrated a moderate potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with thin sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average moderate grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2021-06-17 | 0.22 g/t Gold Equivalent over 90.0 m from 223.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-06-17 | 0.42 g/t Gold Equivalent over 85.7 m from 656.7 m | Moderate Grade | Very Thick | Very Deep |
| 2021-06-17 | 0.30 g/t Gold Equivalent over 36.0 m from 541.0 m | Moderate Grade | Very Thick | Very Deep |
| 2021-06-17 | 0.71 g/t Gold Equivalent over 22.0 m from 414.0 m | Moderate Grade | Very Thick | Deep |
| 2013-01-14 | 0.70 g/t Gold Equivalent over 118.8 m from 88.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2013-01-14 | 6.69 g/t Gold Equivalent over 9.1 m from 152.1 m | Very High Grade | Very Thick | Moderate Depth |
| 2013-01-14 | 0.47 g/t Gold Equivalent over 164.6 m from 377.6 m | Moderate Grade | Very Thick | Deep |
| 2013-01-14 | 4.89 g/t Gold Equivalent over 6.1 m from 499.5 m | Very High Grade | Thick | Very Deep |
| 2012-02-23 | 0.33 g/t Gold Equivalent over 440.0 m from 60.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-02-23 | 0.25 g/t Gold Equivalent over 87.0 m from 127.0 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.