Olson 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
Olson is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very 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 Complex lithology, under thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average moderate grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-05-03 | 1.48 g/t Gold over 3.1 m from 131.0 m | High Grade | Thick | Moderate Depth |
| 2022-05-03 | 1.05 g/t Gold over 1.0 m from 75.1 m | Moderate Grade | Thin | Moderate Depth |
| 2022-05-03 | 1.20 g/t Gold over 1.0 m from 47.0 m | Moderate Grade | Thin | Shallow |
| 2022-05-03 | 2.34 g/t Gold over 0.8 m from 17.6 m | High Grade | Thin | Shallow |
| 2022-05-03 | 3.20 g/t Gold over 2.1 m from 81.6 m | High Grade | Thick | Moderate Depth |
| 2022-05-03 | 5.22 g/t Gold over 1.0 m from 81.6 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2022-05-03 | 1.62 g/t Gold over 8.1 m from 47.7 m | High Grade | Very Thick | Shallow |
| 2022-05-03 | 2.78 g/t Gold over 4.3 m from 50.0 m | High Grade | Thick | Moderate Depth |
| 2022-05-03 | 5.64 g/t Gold over 0.9 m from 51.1 m | Very High Grade | Thin | Moderate Depth |
| 2022-05-03 | 1.69 g/t Gold over 0.8 m from 72.5 m | High Grade | Thin | Moderate Depth |
| 2022-05-03 | 1.43 g/t Gold over 1.4 m from 125.3 m | High Grade | Moderate Thickness | Moderate Depth |
| 2022-05-03 | 1.33 g/t Gold over 1.0 m from 134.0 m | High Grade | Thin | Moderate Depth |
| 2022-05-03 | 0.50 g/t Gold over 14.6 m from 23.3 m | Moderate Grade | Very Thick | Shallow |
| 2022-05-03 | 1.27 g/t Gold over 1.0 m from 32.5 m | High Grade | Moderate Thickness | Shallow |
| 2022-05-03 | 0.89 g/t Gold over 1.7 m from 74.4 m | Moderate 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.