The Greywacke hosts an Indicated Resources of 71k oz and Inferred Resources of 109k oz.
| Greywacke North- Resource - 2025 | |||||
| Class | Au Cutoff | In Situ Tonnage and Grade | Au Metal | Stripping Ratio | |
| Tonnage | Au | ||||
| (gpt) | (tonnes) | (gpt) | (oz) | Waste / Mineral. | |
| Indicated | 0.2 | 1,069,000 | 2.09 | 71,697 | 20.9 |
| 0.25 | 1,021,000 | 2.17 | 71,364 | ||
| 0.5 | 828,000 | 2.60 | 69,084 | ||
| Inferred | 0.2 | 2,994,000 | 1.15 | 110,958 | |
| 0.25 | 2,732,000 | 1.24 | 109,092 | ||
| 0.5 | 1,874,000 | 1.65 | 99,275 | ||
Notes to the Resource Estimate Tables:
- The Mineral Resource Estimates was completed by Sue Bird, P.Eng. who is independent of the Company, with an effective date of November 6, 2025.
- The Mineral Resource Estimate for all four deposits have been confined by an open pit with “reasonable prospects of eventual economic extraction” using the following assumptions:
- Metal price of US$2,600/oz Au; /Payable metal of 99% for Au; /Offsite costs (TC/RC/Transport) for Au of US$5.80/oz;
- Pit slopes are 45 degrees; /Mining cost of mineralized material of CDN$2.56/t and CDN$2.40/t for waste, and;
- Processing costs of CDN$15.60/t with G&A costs of CDN$7.20/t. / Metallurgical recoveries are 90% for all deposits.
- Forex = 0.72 $US:$CDN /The NSR equation is: NSR (CDN$/t) = (Au*90%*CDN$114.68/g)
- The specific gravity for each deposit and lithologies or domains ranges from 2.40 to 2.91.
- Numbers may not add due to rounding.
Greywacke North Gallery
