Lucky Strike 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
Lucky Strike is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin lithosphere with thin 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 low grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
Date | Intercept (Gold) | Grade | Length | Depth |
---|---|---|---|---|
2019-09-18 | 0.23 g/t Gold over 1.0 m from 221.0 m | Moderate Grade | Thin | Moderate Depth |
2019-09-18 | 2.68 g/t Gold over 1.0 m from 275.0 m | High Grade | Thin | Deep |
2019-09-18 | 0.10 g/t Gold over 67.0 m from 109.0 m | Low Grade | Very Thick | Moderate Depth |
2019-09-18 | 0.86 g/t Gold over 1.0 m from 115.0 m | Moderate Grade | Thin | Moderate Depth |
2019-09-18 | 0.55 g/t Gold over 1.0 m from 158.0 m | Moderate Grade | Thin | Moderate Depth |
2019-09-18 | 0.45 g/t Gold over 1.0 m from 162.0 m | Moderate Grade | Thin | Moderate Depth |
2019-09-18 | 0.72 g/t Gold over 1.0 m from 232.0 m | Moderate Grade | Thin | Moderate Depth |
2019-09-18 | 1.16 g/t Gold over 1.0 m from 245.0 m | Moderate Grade | Thin | Deep |
2019-09-18 | 1.91 g/t Gold over 2.0 m from 249.0 m | High Grade | Moderate Thickness | Deep |
2019-09-18 | 0.85 g/t Gold over 1.0 m from 269.0 m | Moderate Grade | Thin | Deep |
2019-09-18 | 0.88 g/t Gold over 6.0 m from 273.0 m | Moderate Grade | Thick | Deep |
2019-09-18 | 1.58 g/t Gold over 1.0 m from 222.6 m | High Grade | Thin | Moderate Depth |
2019-09-18 | 0.29 g/t Gold over 4.2 m from 17.0 m | Moderate Grade | Thick | Very Shallow |
2019-09-18 | 0.43 g/t Gold over 3.0 m from 74.0 m | Moderate Grade | Thick | Moderate Depth |
2019-09-18 | 0.18 g/t Gold over 13.2 m from 190.8 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.