Chuchi 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
Chuchi is located in Canada, North America. The surrounding region has historically demonstrated a moderate 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 Precambrian rocks, under moderately thick 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 Equivalent) average moderate grade, very long, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-11-25 | 0.37 g/t Gold Equivalent over 157.6 m from 46.0 m | Moderate Grade | Very Thick | Shallow |
| 2024-11-25 | 0.35 g/t Gold Equivalent over 51.0 m from 297.0 m | Moderate Grade | Very Thick | Deep |
| 2024-11-25 | 0.30 g/t Gold Equivalent over 298.2 m from 49.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.33 g/t Gold Equivalent over 159.0 m from 189.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.28 g/t Gold Equivalent over 121.2 m from 49.8 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.28 g/t Gold Equivalent over 420.9 m from 59.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.37 g/t Gold Equivalent over 103.0 m from 66.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.28 g/t Gold Equivalent over 413.9 m from 66.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.33 g/t Gold Equivalent over 101.0 m from 358.0 m | Moderate Grade | Very Thick | Deep |
| 2024-11-25 | 0.32 g/t Gold Equivalent over 118.0 m from 54.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.46 g/t Gold Equivalent over 22.0 m from 107.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-11-25 | 0.38 g/t Gold Equivalent over 100.0 m from 425.0 m | Moderate Grade | Very Thick | Deep |
| 2024-11-25 | 0.28 g/t Gold Equivalent over 70.0 m from 7.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2024-11-25 | 0.23 g/t Gold Equivalent over 474.0 m from 7.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2024-11-25 | 0.56 g/t Gold Equivalent over 36.0 m from 198.0 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.