Jessica 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
Jessica is located in Australia, Oceania. The surrounding region has historically demonstrated a moderate potential for copper endowment and is proximal to other copper properties. Physical setting (moderate elevation, very low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under very 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 very low grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-04-10 | 0.02 g/t Copper over 21.0 m from 422.0 m | Low Grade | Very Thick | Deep |
| 2024-04-10 | 0.02 g/t Copper over 243.7 m from 456.4 m | Low Grade | Very Thick | Deep |
| 2024-04-10 | 0.01 g/t Copper over 3.0 m from 527.0 m | Low Grade | Thick | Very Deep |
| 2024-04-10 | 0.02 g/t Copper over 3.0 m from 557.0 m | Low Grade | Thick | Very Deep |
| 2024-04-10 | 0.02 g/t Copper over 2.0 m from 576.0 m | Low Grade | Moderate Thickness | Very Deep |
| 2024-04-10 | 0.01 g/t Copper over 0.4 m from 623.6 m | Low Grade | Very Thin | Very Deep |
| 2024-04-10 | 0.02 g/t Copper over 132.0 m from 664.0 m | Low Grade | Very Thick | Very Deep |
| 2024-04-10 | 0.37 g/t Copper over 1.0 m from 665.0 m | Moderate Grade | Thin | Very Deep |
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.