Montes Aureos 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
Montes Aureos is located in Brazil, 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 (low elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Siliciclastic sedimentary rocks, under moderately thick 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 |
|---|---|---|---|---|
| 2012-04-26 | 0.95 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2012-04-26 | 0.51 g/t Gold over 7.0 m from 25.0 m | Moderate Grade | Very Thick | Shallow |
| 2012-04-26 | 0.51 g/t Gold over 5.0 m from 1.0 m | Moderate Grade | Thick | Very Shallow |
| 2012-04-26 | 0.73 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2012-04-26 | 0.45 g/t Gold over 12.0 m from 16.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2012-04-26 | 0.49 g/t Gold over 8.7 m from 1.4 m | Moderate Grade | Very Thick | Very Shallow |
| 2012-04-26 | 0.95 g/t Gold over 0.0 m from 0.0 m | Moderate Grade | Very Thin | Very Shallow |
| 2012-04-26 | 0.58 g/t Gold over 5.0 m from 109.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-26 | 1.10 g/t Gold over 6.5 m from 91.5 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-26 | 1.10 g/t Gold over 4.0 m from 68.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-04-26 | 0.49 g/t Gold over 17.0 m from 17.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2012-04-26 | 1.34 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2012-04-26 | 1.10 g/t Gold over 3.0 m from 30.0 m | Moderate Grade | Thick | Shallow |
| 2012-04-26 | 1.74 g/t Gold over 0.0 m from 0.0 m | High Grade | Very Thin | Very Shallow |
| 2012-04-26 | 0.56 g/t Gold over 6.5 m from 88.5 m | Moderate Grade | 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.