South Uchi 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
South Uchi 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 thin 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) average high grade, long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-07-02 | 0.49 g/t Gold over 21.4 m from 118.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-02 | 0.11 g/t Gold over 34.5 m from 219.2 m | Low Grade | Very Thick | Moderate Depth |
| 2025-07-02 | 14.60 g/t Gold over 1.0 m from 450.0 m | Very High Grade | Thin | Deep |
| 2025-07-02 | 0.20 g/t Gold over 25.5 m from 414.0 m | Low Grade | Very Thick | Deep |
| 2025-07-02 | 4.76 g/t Gold over 0.5 m from 151.1 m | Very High Grade | Very Thin | Moderate Depth |
| 2025-07-02 | 1.19 g/t Gold over 9.5 m from 147.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-02 | 7.57 g/t Gold over 0.5 m from 117.0 m | Very High Grade | Very Thin | Moderate Depth |
| 2025-07-02 | 4.32 g/t Gold over 1.0 m from 413.0 m | High Grade | Thin | Deep |
| 2025-07-02 | 0.13 g/t Gold over 30.5 m from 273.6 m | Low Grade | Very Thick | Deep |
| 2025-07-02 | 7.00 g/t Gold over 1.4 m from 174.9 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-07-02 | 5.08 g/t Gold over 1.5 m from 124.5 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-07-02 | 7.03 g/t Gold over 0.7 m from 216.3 m | Very High Grade | Thin | Moderate Depth |
| 2025-07-02 | 1.88 g/t Gold over 5.7 m from 216.3 m | High Grade | Thick | Moderate Depth |
| 2025-07-02 | 2.90 g/t Gold over 1.5 m from 454.5 m | High Grade | Moderate Thickness | Deep |
| 2025-07-02 | 0.39 g/t Gold over 28.0 m from 446.0 m | Moderate Grade | Very 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.