Pedro / Mapimi 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
Pedro / Mapimi is located in Mexico, 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 (very high elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Alluvial deposits, under moderately thick lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average very low grade, long, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-04-27 | 0.09 g/t Gold over 9.3 m from 9.6 m | Low Grade | Very Thick | Very Shallow |
| 2022-04-27 | 0.15 g/t Gold over 5.3 m from 12.5 m | Low Grade | Thick | Very Shallow |
| 2022-04-27 | 0.31 g/t Gold over 19.8 m from 38.4 m | Moderate Grade | Very Thick | Shallow |
| 2022-04-27 | 0.12 g/t Gold over 5.3 m from 13.0 m | Low Grade | Thick | Very Shallow |
| 2022-04-27 | 0.58 g/t Gold over 15.2 m from 40.8 m | Moderate Grade | Very Thick | Shallow |
| 2022-04-27 | 0.10 g/t Gold over 5.9 m from 62.1 m | Low Grade | Thick | Moderate Depth |
| 2022-04-27 | 0.23 g/t Gold over 14.8 m from 2.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-07-03 | 0.23 g/t Gold over 12.0 m from 4.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2014-07-03 | 0.35 g/t Gold over 4.5 m from 33.0 m | Moderate Grade | Thick | Shallow |
| 2014-07-03 | 0.21 g/t Gold over 6.0 m from 31.5 m | Moderate Grade | Thick | Shallow |
| 2014-07-03 | 0.59 g/t Gold over 5.6 m from 4.0 m | Moderate Grade | Thick | Very Shallow |
| 2014-07-03 | 0.51 g/t Gold over 10.5 m from 51.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-07-03 | 0.07 g/t Gold over 57.0 m from 144.0 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.