Cowtrail 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
Cowtrail 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, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin 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 very low grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-02-20 | 0.12 g/t Gold Equivalent over 3.6 m from 44.0 m | Low Grade | Thick | Shallow |
| 2024-02-20 | 0.82 g/t Gold Equivalent over 6.0 m from 93.0 m | Moderate Grade | Thick | Moderate Depth |
| 2024-02-20 | 0.30 g/t Gold Equivalent over 15.0 m from 144.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-02-20 | 0.14 g/t Gold Equivalent over 108.0 m from 60.0 m | Low Grade | Very Thick | Moderate Depth |
| 2012-03-05 | 0.14 g/t Gold Equivalent over 16.0 m from 267.0 m | Low Grade | Very Thick | Deep |
| 2012-03-05 | 0.10 g/t Gold Equivalent over 14.0 m from 199.0 m | Low Grade | Very Thick | Moderate Depth |
| 2012-03-05 | 0.08 g/t Gold Equivalent over 144.0 m from 70.2 m | Low Grade | Very Thick | Moderate Depth |
| 2012-03-05 | 0.09 g/t Gold Equivalent over 52.0 m from 70.2 m | Low Grade | Very Thick | Moderate Depth |
| 2012-03-05 | 0.28 g/t Gold Equivalent over 38.0 m from 32.2 m | Moderate Grade | Very Thick | Shallow |
| 2012-03-05 | 0.11 g/t Gold Equivalent over 32.0 m from 339.0 m | Low Grade | Very Thick | Deep |
| 2012-03-05 | 0.08 g/t Gold Equivalent over 20.0 m from 223.0 m | Low Grade | Very Thick | Moderate Depth |
| 2012-03-05 | 0.09 g/t Gold Equivalent over 65.9 m from 339.0 m | Low Grade | Very Thick | Deep |
| 2012-03-05 | 0.20 g/t Gold Equivalent over 6.0 m from 365.0 m | Low Grade | Thick | Deep |
| 2012-03-05 | 0.11 g/t Gold Equivalent over 15.9 m from 389.0 m | Low Grade | Very Thick | Deep |
| 2012-03-05 | 0.07 g/t Gold Equivalent over 206.0 m from 77.0 m | Low 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.