Las Petacas 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
Las Petacas is located in Chile, South America. The surrounding region has historically demonstrated a very high potential for copper endowment and is very proximal to other copper properties. Physical setting (moderate elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Alluvial deposits, under thin lithosphere with thin sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, very short, and moderate depth. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-01-13 | 0.64 g/t Copper Equivalent over 1.0 m from 61.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.52 g/t Copper Equivalent over 1.0 m from 60.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.99 g/t Copper Equivalent over 1.0 m from 59.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.84 g/t Copper Equivalent over 1.0 m from 62.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 1.11 g/t Copper Equivalent over 1.0 m from 63.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 1.75 g/t Copper Equivalent over 1.0 m from 64.0 m | High Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.50 g/t Copper Equivalent over 1.0 m from 65.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.47 g/t Copper Equivalent over 1.0 m from 114.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.33 g/t Copper Equivalent over 1.0 m from 113.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.39 g/t Copper Equivalent over 1.0 m from 112.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.40 g/t Copper Equivalent over 1.0 m from 111.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.55 g/t Copper Equivalent over 1.0 m from 110.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.56 g/t Copper Equivalent over 1.0 m from 109.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.34 g/t Copper Equivalent over 1.0 m from 108.0 m | Moderate Grade | Thin | Moderate Depth |
| 2022-01-13 | 0.35 g/t Copper Equivalent over 1.0 m from 72.0 m | Moderate Grade | Thin | 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.