Bazooka 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
Bazooka is located in Canada, North America. The surrounding region has historically demonstrated a very 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 Metamorphics, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average very high grade, long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-07-10 | 0.05 g/t Gold Equivalent over 12.0 m from 103.5 m | Low Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 0.27 g/t Gold Equivalent over 6.0 m from 85.5 m | Moderate Grade | Thick | Moderate Depth |
| 2025-07-10 | 0.17 g/t Gold Equivalent over 33.4 m from 306.0 m | Low Grade | Very Thick | Deep |
| 2025-07-10 | 0.93 g/t Gold Equivalent over 12.2 m from 223.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 0.24 g/t Gold Equivalent over 16.1 m from 234.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 0.24 g/t Gold Equivalent over 29.2 m from 189.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 0.80 g/t Gold Equivalent over 6.7 m from 189.8 m | Moderate Grade | Thick | Moderate Depth |
| 2025-07-10 | 0.23 g/t Gold Equivalent over 12.8 m from 292.5 m | Moderate Grade | Very Thick | Deep |
| 2025-07-10 | 1.23 g/t Gold Equivalent over 9.0 m from 262.5 m | High Grade | Very Thick | Deep |
| 2025-07-10 | 1.56 g/t Gold Equivalent over 1.7 m from 347.8 m | High Grade | Moderate Thickness | Deep |
| 2025-07-10 | 1.63 g/t Gold Equivalent over 4.5 m from 337.5 m | High Grade | Thick | Deep |
| 2025-07-10 | 2.10 g/t Gold Equivalent over 6.0 m from 325.5 m | High Grade | Thick | Deep |
| 2025-07-10 | 0.84 g/t Gold Equivalent over 67.9 m from 292.5 m | Moderate Grade | Very Thick | Deep |
| 2025-07-10 | 3.65 g/t Gold Equivalent over 7.5 m from 292.5 m | High Grade | Very Thick | Deep |
| 2025-07-10 | 0.29 g/t Gold Equivalent over 3.0 m from 333.0 m | Moderate Grade | Thick | 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.