Fiery Creek 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 Copper Potential
Fiery Creek is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for copper endowment and is very proximal to other copper properties. Physical setting (low elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper) average moderate grade, moderate length, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-03-25 | 0.34 g/t Copper over 8.0 m from 48.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-03-25 | 0.56 g/t Copper over 4.0 m from 50.0 m | Moderate Grade | Thick | Moderate Depth |
| 2025-03-25 | 0.23 g/t Copper over 10.0 m from 18.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-03-25 | 0.20 g/t Copper over 4.0 m from 36.0 m | Low Grade | Thick | Shallow |
| 2025-03-25 | 0.14 g/t Copper over 26.0 m from 74.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-03-25 | 0.52 g/t Copper over 2.0 m from 116.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-03-25 | 0.20 g/t Copper over 44.0 m from 30.0 m | Low Grade | Very Thick | Shallow |
| 2025-03-25 | 0.41 g/t Copper over 2.0 m from 54.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2025-03-25 | 0.15 g/t Copper over 14.0 m from 84.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-03-25 | 0.43 g/t Copper over 2.0 m from 4.0 m | Moderate Grade | Moderate Thickness | Very Shallow |
| 2025-03-25 | 0.16 g/t Copper over 6.0 m from 30.0 m | Low Grade | Thick | Shallow |
| 2025-03-25 | 0.17 g/t Copper over 8.0 m from 60.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-03-25 | 0.14 g/t Copper over 6.0 m from 12.0 m | Low Grade | Thick | Very Shallow |
| 2025-03-25 | 0.12 g/t Copper over 4.0 m from 114.0 m | Low Grade | Thick | Moderate Depth |
| 2025-03-25 | 0.21 g/t Copper over 5.0 m from 124.0 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.