West Melton 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
West Melton 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 Carbonate sedimentary rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Early Proterozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, long, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2016-07-22 | 0.05 g/t Copper Equivalent over 4.0 m from 16.0 m | Low Grade | Thick | Very Shallow |
| 2016-07-22 | 0.06 g/t Copper Equivalent over 4.0 m from 12.0 m | Low Grade | Thick | Very Shallow |
| 2016-07-22 | 0.10 g/t Copper Equivalent over 4.0 m from 8.0 m | Low Grade | Thick | Very Shallow |
| 2016-07-22 | 0.06 g/t Copper Equivalent over 4.0 m from 12.0 m | Low Grade | Thick | Very Shallow |
| 2016-07-22 | 0.06 g/t Copper Equivalent over 4.0 m from 8.0 m | Low Grade | Thick | Very Shallow |
| 2014-05-07 | 0.11 g/t Copper Equivalent over 3.0 m from 12.0 m | Low Grade | Thick | Very Shallow |
| 2014-05-07 | 0.23 g/t Copper Equivalent over 3.0 m from 60.0 m | Moderate Grade | Thick | Moderate Depth |
| 2014-05-07 | 0.15 g/t Copper Equivalent over 3.0 m from 54.0 m | Low Grade | Thick | Moderate Depth |
| 2014-05-07 | 0.13 g/t Copper Equivalent over 3.0 m from 24.0 m | Low Grade | Thick | Shallow |
| 2014-05-07 | 0.23 g/t Copper Equivalent over 9.0 m from 66.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2014-05-07 | 0.31 g/t Copper Equivalent over 3.0 m from 57.0 m | Moderate Grade | Thick | Moderate Depth |
| 2014-05-07 | 0.10 g/t Copper Equivalent over 3.0 m from 42.0 m | Low Grade | Thick | Shallow |
| 2014-05-07 | 0.18 g/t Copper Equivalent over 12.0 m from 18.0 m | Low Grade | Very Thick | Shallow |
| 2014-05-07 | 0.15 g/t Copper Equivalent over 3.0 m from 81.0 m | Low Grade | Thick | Moderate Depth |
| 2014-05-07 | 0.21 g/t Copper Equivalent over 3.0 m from 72.0 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.