Duke 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
Duke 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, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Metamorphics, under thin lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold) average low grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold) | Grade | Length | Depth |
|---|---|---|---|---|
| 2021-07-13 | 0.80 g/t Gold over 1.0 m from 74.0 m | Moderate Grade | Thin | Moderate Depth |
| 2021-07-13 | 3.30 g/t Gold over 2.3 m from 425.2 m | High Grade | Thick | Deep |
| 2021-07-13 | 0.70 g/t Gold over 1.0 m from 88.7 m | Moderate Grade | Thin | Moderate Depth |
| 2021-07-13 | 1.00 g/t Gold over 0.7 m from 115.8 m | Moderate Grade | Thin | Moderate Depth |
| 2021-07-13 | 2.80 g/t Gold over 1.5 m from 218.7 m | High Grade | Moderate Thickness | Moderate Depth |
| 2021-07-13 | 4.70 g/t Gold over 1.6 m from 203.0 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2021-07-13 | 1.10 g/t Gold over 14.0 m from 195.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-07-13 | 0.60 g/t Gold over 1.0 m from 332.0 m | Moderate Grade | Thin | Deep |
| 2021-07-13 | 0.60 g/t Gold over 1.0 m from 213.6 m | Moderate Grade | Thin | Moderate Depth |
| 2021-07-13 | 2.30 g/t Gold over 2.3 m from 83.0 m | High Grade | Thick | Moderate Depth |
| 2021-07-13 | 0.70 g/t Gold over 1.0 m from 345.0 m | Moderate Grade | Thin | Deep |
| 2021-07-13 | 0.70 g/t Gold over 4.0 m from 162.0 m | Moderate Grade | Thick | Moderate Depth |
| 2021-07-13 | 0.60 g/t Gold over 4.0 m from 448.0 m | Moderate Grade | Thick | Deep |
| 2021-07-13 | 4.90 g/t Gold over 1.5 m from 445.0 m | Very High Grade | Moderate Thickness | Deep |
| 2021-07-13 | 1.00 g/t Gold over 2.6 m from 437.5 m | Moderate Grade | Thick | Deep |
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.