Kirkham 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
Kirkham 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 (very high 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 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 Equivalent) average high grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-02-22 | 0.52 g/t Gold Equivalent over 21.2 m from 400.4 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.32 g/t Gold Equivalent over 108.2 m from 200.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-02-22 | 0.26 g/t Gold Equivalent over 173.0 m from 200.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-02-22 | 0.44 g/t Gold Equivalent over 28.0 m from 236.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-02-22 | 0.39 g/t Gold Equivalent over 41.6 m from 236.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-02-22 | 0.28 g/t Gold Equivalent over 90.8 m from 311.2 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.65 g/t Gold Equivalent over 20.0 m from 382.0 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.22 g/t Gold Equivalent over 366.8 m from 10.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2023-02-22 | 0.52 g/t Gold Equivalent over 28.9 m from 251.6 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.61 g/t Gold Equivalent over 9.0 m from 343.0 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.26 g/t Gold Equivalent over 30.0 m from 343.0 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.24 g/t Gold Equivalent over 190.8 m from 284.8 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.30 g/t Gold Equivalent over 101.2 m from 374.4 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.32 g/t Gold Equivalent over 79.6 m from 396.0 m | Moderate Grade | Very Thick | Deep |
| 2023-02-22 | 0.24 g/t Gold Equivalent over 194.6 m from 207.4 m | Moderate 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.