Gold Rock - North Star 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
Gold Rock - North Star 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 Complex lithology, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average very high grade, very short, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2017-06-02 | 3.58 g/t Gold over 1.1 m from 24.4 m | High Grade | Moderate Thickness | Shallow |
| 2017-06-02 | 4.08 g/t Gold over 0.7 m from 51.6 m | High Grade | Thin | Moderate Depth |
| 2017-06-02 | 10.00 g/t Gold over 2.6 m from 20.8 m | Very High Grade | Thick | Shallow |
| 2017-06-02 | 25.83 g/t Gold over 1.0 m from 21.3 m | Very High Grade | Thin | Shallow |
| 2017-06-02 | 2.59 g/t Gold over 0.7 m from 44.5 m | High Grade | Thin | Shallow |
| 2010-07-30 | 5.78 g/t Gold over 1.9 m from 37.5 m | Very High Grade | Moderate Thickness | Shallow |
| 2010-07-30 | 26.62 g/t Gold over 0.4 m from 39.0 m | Very High Grade | Very Thin | Shallow |
| 2010-07-30 | 8.15 g/t Gold over 0.3 m from 22.6 m | Very High Grade | Very Thin | Shallow |
| 2010-07-30 | 7.79 g/t Gold over 2.1 m from 114.3 m | Very High Grade | Thick | Moderate Depth |
| 2010-07-30 | 28.72 g/t Gold over 0.5 m from 114.8 m | Very High Grade | Very Thin | Moderate Depth |
| 2010-07-30 | 16.31 g/t Gold over 0.9 m from 119.2 m | Very High Grade | Thin | Moderate Depth |
| 2010-07-30 | 2.94 g/t Gold over 3.6 m from 249.1 m | High Grade | Thick | Deep |
| 2010-07-30 | 16.64 g/t Gold over 0.4 m from 249.1 m | Very High Grade | Very Thin | Deep |
| 2010-07-30 | 7.01 g/t Gold over 2.3 m from 143.4 m | Very High Grade | Thick | Moderate Depth |
| 2010-07-30 | 29.54 g/t Gold over 0.5 m from 145.2 m | Very High Grade | Very Thin | 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.