Meridiano 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
Meridiano is located in Argentina, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, moderate length, and very shallow. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2010-12-20 | 0.37 g/t Gold over 4.0 m from 99.0 m | Moderate Grade | Thick | Moderate Depth |
| 2010-12-20 | 0.76 g/t Gold over 3.0 m from 98.0 m | Moderate Grade | Thick | Moderate Depth |
| 2010-12-20 | 0.84 g/t Gold over 5.0 m from 73.0 m | Moderate Grade | Thick | Moderate Depth |
| 2010-12-20 | 0.54 g/t Gold over 3.0 m from 45.0 m | Moderate Grade | Thick | Shallow |
| 2010-12-20 | 0.42 g/t Gold over 6.0 m from 35.0 m | Moderate Grade | Thick | Shallow |
| 2010-12-20 | 0.40 g/t Gold over 3.0 m from 25.0 m | Moderate Grade | Thick | Shallow |
| 2010-12-20 | 0.50 g/t Gold over 4.0 m from 26.0 m | Moderate Grade | Thick | Shallow |
| 2010-12-20 | 1.38 g/t Gold over 3.0 m from 4.0 m | High Grade | Thick | Very Shallow |
| 2010-12-20 | 0.90 g/t Gold over 7.0 m from 73.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2010-12-20 | 0.37 g/t Gold over 7.0 m from 53.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2010-12-20 | 0.42 g/t Gold over 2.0 m from 55.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2010-12-20 | 0.97 g/t Gold over 5.0 m from 37.0 m | Moderate Grade | Thick | Shallow |
| 2010-12-20 | 0.81 g/t Gold over 3.0 m from 70.0 m | Moderate Grade | Thick | Moderate Depth |
| 2010-12-20 | 0.40 g/t Gold over 9.0 m from 53.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2010-12-20 | 0.66 g/t Gold over 3.0 m from 36.0 m | Moderate Grade | Thick | Shallow |
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.