Golden Sky 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
Golden Sky 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, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under very thick lithosphere with moderately thick sedimentary cover in a Middle Proterozoic Extended Crust 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 |
|---|---|---|---|---|
| 2025-03-11 | 1.70 g/t Gold over 5.5 m from 188.0 m | High Grade | Thick | Moderate Depth |
| 2025-03-11 | 0.80 g/t Gold over 20.4 m from 155.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-03-11 | 1.20 g/t Gold over 5.3 m from 155.9 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-11 | 9.50 g/t Gold over 0.5 m from 159.6 m | Very High Grade | Very Thin | Moderate Depth |
| 2025-03-11 | 11.10 g/t Gold over 0.8 m from 175.5 m | Very High Grade | Thin | Moderate Depth |
| 2025-03-11 | 0.70 g/t Gold over 15.5 m from 181.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-03-11 | 3.80 g/t Gold over 1.5 m from 189.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2025-03-11 | 15.60 g/t Gold over 3.5 m from 148.5 m | Very High Grade | Thick | Moderate Depth |
| 2025-03-11 | 40.10 g/t Gold over 0.5 m from 150.1 m | Very High Grade | Very Thin | Moderate Depth |
| 2025-03-11 | 80.10 g/t Gold over 0.4 m from 151.6 m | Very High Grade | Very Thin | Moderate Depth |
| 2025-01-28 | 3.20 g/t Gold over 13.7 m from 209.2 m | High Grade | Very Thick | Moderate Depth |
| 2025-01-28 | 2.20 g/t Gold over 0.8 m from 121.9 m | High Grade | Thin | Moderate Depth |
| 2025-01-28 | 7.20 g/t Gold over 3.7 m from 208.0 m | Very High Grade | Thick | Moderate Depth |
| 2025-01-28 | 16.20 g/t Gold over 2.0 m from 220.9 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2025-01-28 | 1.10 g/t Gold over 4.0 m from 86.1 m | Moderate Grade | 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.