Warrego North 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
Warrego North is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for copper endowment and is proximal to other copper properties. Physical setting (moderate elevation, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under 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 Equivalent) average very high grade, short, and deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2017-06-16 | 0.90 g/t Copper Equivalent over 4.0 m from 106.0 m | Moderate Grade | Thick | Moderate Depth |
| 2017-06-16 | 0.32 g/t Copper Equivalent over 1.0 m from 95.0 m | Moderate Grade | Thin | Moderate Depth |
| 2017-06-16 | 0.81 g/t Copper Equivalent over 4.0 m from 97.0 m | Moderate Grade | Thick | Moderate Depth |
| 2017-06-16 | 0.48 g/t Copper Equivalent over 1.0 m from 121.0 m | Moderate Grade | Thin | Moderate Depth |
| 2017-06-16 | 0.35 g/t Copper Equivalent over 10.0 m from 138.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2017-06-16 | 0.12 g/t Copper Equivalent over 1.0 m from 149.0 m | Low Grade | Thin | Moderate Depth |
| 2017-06-16 | 0.26 g/t Copper Equivalent over 2.0 m from 239.0 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2017-06-16 | 0.22 g/t Copper Equivalent over 1.0 m from 243.0 m | Moderate Grade | Thin | Deep |
| 2017-06-16 | 0.60 g/t Copper Equivalent over 0.5 m from 248.5 m | Moderate Grade | Very Thin | Deep |
| 2017-06-16 | 2.23 g/t Copper Equivalent over 8.0 m from 249.0 m | High Grade | Very Thick | Deep |
| 2017-06-16 | 0.18 g/t Copper Equivalent over 1.0 m from 257.0 m | Low Grade | Thin | Deep |
| 2017-06-16 | 0.23 g/t Copper Equivalent over 1.0 m from 260.0 m | Moderate Grade | Thin | Deep |
| 2017-06-16 | 0.28 g/t Copper Equivalent over 1.0 m from 266.0 m | Moderate Grade | Thin | Deep |
| 2017-06-16 | 0.28 g/t Copper Equivalent over 1.0 m from 270.0 m | Moderate Grade | Thin | Deep |
| 2017-06-16 | 0.22 g/t Copper Equivalent over 1.0 m from 272.0 m | Moderate Grade | Thin | 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.